$ 1,150,000
152 TERRACE HILL Street Brantford, ON N3R1G6
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,150,000
Est. payment /mo
Active
152 TERRACE HILL Street Brantford, ON N3R1G6
2,115 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,115 sqft
Price per Sqft $543
Subdivision 2041 - Terrace Hill
MLS® Listing ID 40634362
Originating Board Cornerstone - Mississauga
Year Built 1890
Property Description
RENOVATED FOURPLEX on DEEP LOT & DETACHED 2.5 CAR GARAGE. Market Rents with 6% Cap rate. Tenants pay Heat & Hydro, Landlord pays water only. NEW Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Turnovers would simply be a clean and fresh paint. Approx $220k in upgrades. Welcome to 152 Terrace Hill Street, North Ward, Brantford. This property, meticulously renovated, offers a lucrative investment opportunity. With potential for a 5th unit addition and existing plans, it features 3-1 bedroom and 1-2 bedroom units, each self-contained with tenants handling expenses except water, ensuring robust cash flow. Recent upgrades include individual hot water tanks, heating systems, stainless steel appliances, washers/dryers, and basement waterproofing. A detached 2-1/2 car garage adds rental potential. Ideal for savvy investors seeking a turnkey property in a thriving rental market. Situated near hospitals, schools, university, shopping, parks, and bus routes, plus easy access to HWY 403, ideal for commuters. (id:24570)
Location
Province ON
Exterior
Garage Yes
Waterfront No
View Y/N No
Total Parking Spaces 6
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by EXP REALTY OF CANADA INC
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