$1,150,000 FOR SALE

Investment

Lot: 41.72 x 188.08 ftTotal Area: 2,115 ft2
2023 Taxes: $4,085

152 Terrace Hill St
Brantford, ON N3R 1G6

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). Turnoverswould 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 1-2bedroom units, each self-contained with tenants handling expenses except water, ensuring robust cash flow. Recent upgrades include individual hotwater tanks, heating systems, stainless steel appliances, washers/dryers, and basement waterproofing. A detached 2-1/2 car garage adds rentalpotential. Ideal for savvy investors seeking a turnkey property in a thriving rental market. Situated near hospitals, schools, university, shopping, parks, andbus 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.

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Listed By EXP REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9258096
Last Updated Aug 16, 2024
Property Summary
Property Type Investment

More like this:
Use Apartments - 2 to 5 Units
Category Apartment
PIN 321610137
Occupancy Tenant
Possession Date Flexible
Taxes (2023) $4,085
Tax Type T.M.I.
Assessment (2023) $295,000
Directions/Cross Streets West St/Terrace Hill St.
Area Brantford
Price History
Interested in obtaining the full price history for this property?
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Detailed Information
Freestanding Y
Lot 41.72 x 188.08 ft
Total Area 2,115 ft2
Approximate Age 100+
Air Conditioning Y
Basement Y
Garage Type Single Detached
Heat Type Other
Sprinklers N
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Unit
Zoning RC,OS1
Seller Property Info Statement N

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