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. |
Extras: Situated near hospitals, schools, university, shopping, parks, and bus routes, plus easy access to HWY 403,ideal for commuters |
Price | $1,050,000 |
Taxes: | $4085.00 |
Assessment: | $295000 |
Assessment Year: | 2023 |
Address: | 152 Terrace Hill St , Brantford, N3R 1G6, Ontario |
Lot Size: | 41.73 x 188.08 (Feet) |
Acreage: | < .50 |
Directions/Cross Streets: | West St Or St Paul To Terrace |
Rooms: | 13 |
Bedrooms: | 4 |
Bedrooms +: | |
Kitchens: | 4 |
Family Room: | N |
Basement: | Full, Sep Entrance |
Approximatly Age: | 100+ |
Property Type: | Fourplex |
Style: | 2-Storey |
Exterior: | Brick |
Garage Type: | Detached |
(Parking/)Drive: | Private |
Drive Parking Spaces: | 4 |
Pool: | None |
Approximatly Age: | 100+ |
Approximatly Square Footage: | 2000-2500 |
Property Features: | Hospital, Other, Park, Place Of Worship, Public Transit, School |
Fireplace/Stove: | N |
Heat Source: | Other |
Heat Type: | Heat Pump |
Central Air Conditioning: | Central Air |
Sewers: | Sewers |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
EXP REALTY |
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Type: | Freehold - Fourplex |
Area: | Brantford |
Municipality: | Brantford |
Style: | 2-Storey |
Lot Size: | 41.73 x 188.08(Feet) |
Approximate Age: | 100+ |
Tax: | $4,085 |
Beds: | 4 |
Baths: | 4 |
Fireplace: | N |
Pool: | None |