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254 BRANT Avenue
Brantford Ontario , N3T3J5 , Canada
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View of front of house with a front yard and brick siding
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View of layout

$999,900.00
MLS® 40714402
Investment
Lot Frontage: 70.0 Feet
No. of Parking Spaces: 7
Zoning: C4
Remarks:
Attention investors. Welcome to 254 Brant Ave, featuring an all brick building with 3467 sq. ft. of finished space. 2 separate ground floor commercial units (1 lease). Each unit has a 2 piece washroom, and shareable common lunchroom. Gross monthly rent $3109.00. Upstairs, three updated 1 bedroom apartments. Monthly rent $850.00, $1000.00, $1435.00. Gross monthly income $76,728.00. Expenses: Gas $3044.49, hydro $3106.33, water $926.32, building insurance $1894.00, property taxes $7189.00. Total expenses $16,160.14. Net operating income $60,567.86. Cap rate 6.1%. Beautifully maintained, fully leased mixed use commercial building located on one of Brantford's main arterial roads. Commercial unit has separate entrances in the rear and on the side. Paved parking with 7 spaces. Long term, excellent tenants provide a steady income stream and make this a great investment. This building is in pristine condition and would make an excellent addition to your property portfolio. (id:7526)

Property Features:
  • Amenities Nearby: Hospital
  • Community Features: High Traffic Area
  • Equipment Type: Water Heater
  • Features: Paved driveway
  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Rental Equipment Type: Water Heater
  • Sewer: Municipal sewage system
Building Features:
  • Appliances: Window Coverings
  • Basement Development: Unfinished
  • Basement Type: Partial
  • Building Type: Fourplex
  • Construction Material: Concrete block , Concrete Walls
  • Cooling Type: Central air conditioning
  • Exterior Finish: Brick , Concrete
  • Foundation Type: Block
  • Heating Fuel: Natural gas
  • Heating Type: Forced air

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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