$665,000 $3,570 est/mo Sourced by Back At You

40 Niagara Street,Brantford, ON N3R 4E2

Brantford ON, N3R 4E2

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Description

Welcome to an exceptional investment opportunity in Brantford! This existing legal duplex is turn-key, with two well-maintained units featuring separate laundry facilities and tenants responsible for utilities. The units are in top condition with market rents, situated near downtown Brantford, this property benefits from its prime location near essential amenities, schools, parks, and transportation hubs. Combine this property with the vacant lot beside at 38 Niagara Street for a total of five units upon completion, offering substantial revenue potential. With CMHC financing available post-construction, investors can employ a BRRRR strategy to refinance most of their capital out while still maintaining positive cash flow. Don't miss out on this remarkable opportunity!

Details

MLS#40585789
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Days On Site17
Listing Provided ByRock Star Real Estate Inc., Brokerage | Spencer Randall Brown

Features

Bed(s)4
Bath(s)2
SQ Feet1,440
BasementY
Story(s)1
Units2
ZoningRC
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 2 minutes ago
ProvinceON
CountyBrantford
CityBrantford
Postal CodeN3R 4E2
Area2040 Terrace Hill | E & N Wards
Subarea2042 North Ward
Community Name2042 North Ward
School DistrictB.C.I.; St. John's
Elementary SchoolGraham Bell;st. Pius
Listing VS Median (in 2042 North Ward)
Price:
$665,000
low | high
Med:
$657,500
51.127894736842% of Average
SqFt:
1,440
low | high
Med:
1,579
40.347222222222% of Average
$ / SqFt:
$462
low | high
Med:
$420
59.03618650818% of Average
On Site:
17
low | high
Med:
49.500000
34.343434343434% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 7:19:51 PM PDT