$1,150,000 FOR SALE

Office

Lot: 42 x 0 ft

152 Terrace Hill Street
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). 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:47423)

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Listed By EXP REALTY OF CANADA INC
Data Provided By Cornerstone - Mississauga
MLS® Listing Number 40634362
Last Updated Aug 16, 2024
Property Summary
Property Type Office

More like this:
Subdivision 2041 - Terrace Hill
Price History
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Detailed Information
Lot 42 x 0 ft
Amenities Nearby Hospital, Public Transit, Schools
Features Southern exposure
Listing Contract Date 2024-08-16
Location Description WEST ST OR ST PAUL TO TERRACE HILL
Ownership Type Freehold
# of Parking Spaces 6
Property Type Office
Transaction Type For sale
Zoning Description RC OS1
Building
Basement Type Full
Constructed Date 1890
Exterior Finish Brick
Foundation Type Block
Stories Total 2
Size (Exterior) 2115
Utility Water Municipal water
Parking Spaces
Name Spaces
Detached Garage
Land
Total Size under 1/2 acre
Access Type Highway access
Amenities Hospital, Public Transit, Schools
Sewer Municipal sewage system

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