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$999,000
Brantford
93 West Street, Brantford, Ontario, N3T3E8
This multi-family property in Brantford is for sale offering roughly 2,250 sq ft of space. It has been on the market 12 days, fresher than the Brantford average of 63 days.
Fully renovated from top to bottom, this legal 4-unit property presents an excellent opportunity for investors seeking a turnkey addition to their portfolio. Each of the four self-contained units has been completely redone, featuring modern finishes, updated kitchens, and refreshed living spaces. Three units offer one-bedroom layouts, while the fourth features a desirable one-bedroom plus den configuration. All units are equipped with new finishes and appliances, offering a move-in-ready experience for tenants. As a non-rent-control building, with all units first occupied after November 15, 2018, owners have the flexibility to set rents at market rates. Separate hydro meters allow tenants to pay their own electricity costs, while recent efficiency upgrades help reduce operating expenses. Additional features include ample on-site parking and a large garage offering valuable storage or potential for additional income. Whether you are an experienced investor or entering the multi-residential market, this property offers a compelling opportunity with four independent rental units and long-term income potential. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 12 days on market, against an average age of 63 days across the listings currently for sale in this city
This 4-bed multi-family in Brantford has been listed for 12 days, which is 51 days fresher than the city average of 63. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $999,000, about 11.6× the local median household income of $86,000.
Carrying it typically needs a household income of about $195,140 (20% down, 25-yr amortization, stress-tested) — roughly 127% above the area median.
Source: Statistics Canada, 2021 Census (FSA N3T)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.