$749,000 FOR SALE

Triplex

Bedrooms: 8Bathrooms: 4Lot: 50 x 132 ft

162 Chatham Street
Brantford, ON N3S 4G4

A Great Investment Opportunity! This impressive property has approximately 4,251sq.ft. above-grade plus a finished basement and there is a detached garage that offers the potential for an additional residential unit. Unit 1 features 4 bedrooms, 2 bathrooms, a covered front porch, large room sizes with a huge living room and dining room with pocket doors, a big eat-in kitchen, in-suite laundry, and a finished basement that has a recreation room and plenty of storage space. Unit 2 is currently vacant so you can set your own rent, and the new tenant can pay their proportionate share of the utilities based on square footage of the unit as per Ontario Regulation 349 and this unit offers 2 huge bedrooms, hardwood flooring, a big eat-in kitchen, in-suite laundry, and a 4pc. bathroom. Unit 3 has 2 large bedrooms, a bright living room with laminate flooring, a gas fireplace, another big eat-in kitchen, in-suite laundry, and a 4pc. bathroom. The 20’6” x 18’4” detached garage in the backyard could be rented as well but it also has the potential to be converted into an additional residential unit. The deck and fully fenced backyard space are shared by all tenants. This solid brick property has a fire escape, a new gas boiler was installed in October 2022, the character and charm of high ceilings and 10” baseboards, hardwood flooring and laminate flooring, on-demand water heater, large room sizes, and more. An excellent investment opportunity that generates more than $65,000 in annual rental income. Book a viewing before it's gone! (id:47423)

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Listed By Re/Max Twin City Realty Inc
Data Provided By Brantford Regional Real Estate Assn Inc
MLS® Listing Number 40657758
Last Updated Oct 11, 2024
Property Summary
Property Type Triplex

More like this:
Subdivision 2045 - East Ward
Price History
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Detailed Information
Bedrooms 8
Bathrooms 4
Lot 50 x 132 ft
Amenities Nearby Park, Place of Worship, Playground, Schools
Community Features Quiet Area
Features Southern exposure, Paved driveway
Listing Contract Date 2024-10-11
Location Description Clarence Street/ Chatham Street
Ownership Type Freehold
# of Parking Spaces 6
Property Type Multi-family
Structures Porch
Transaction Type For sale
Zoning Description RC
Building
Appliances Water softener
Basement Development Finished
Basement Type Full (Finished)
Exterior Finish Brick
Foundation Type Stone
Heating Fuel Natural gas
Stories Total 3
Type Triplex
Utility Water Municipal water
Parking Spaces
Name Spaces
Detached Garage
Land
Total Size 0.151 acres
Access Type Highway access
Amenities Park, Place of Worship, Playground, Schools
Fence Type Fence
Sewer Municipal sewage system
Size of Irregular Land 0.151
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