152 Terrace Hill St - Apartments FOR SALE


Brantford, ON N3R 1G6
$1,150,000 CAD
866-530-7737

NO PHOTO

$1,150,000 CAD
Apartments - FOR SALE
null | 6% Cap Rate

152 Terrace Hill St
Brantford, ON N3R 1G6


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,150,000 CAD

PRICE/SF

$544 CAD /SF

# OF UNITS

4

PRICE/UNIT

$287,500

CAP RATE

6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1890

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,594 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jake NicolleeXp Realty, Inc. BrokerageMore Info
866-530-7737

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Jake NicolleeXp Realty, Inc. BrokerageMore Info
866-530-7737

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.