Great time to get into the market. The interest rates are coming down. Investment opportunities like this don't come along every day! Well maintained Triplex in great Terrace Hill location. Based on current numbers this property offers a 6.4% Cap rate. This property sits on a 264 deep lot, tons of parking and an additional income source with 3 permitted sea cans with hydro (Great additional income source and a great benefit to tenants) Spacious main floor unit could easily be converted to a 2 bedroom unit. Down stairs unit is also a great size and could potentially be used as a 2 bedroom. Upper unit is vacant which allows you to choose your own tenants and set your own rents. All units have separate hydro meters. Main floor unit is owner occupied, Owner would like to stay and negotiate a fair rent, but is also willing to vacate. Basement tenant paying 1400 plus hydro. This is a fantastic property with tons of upside potential. Close to all amenities, easy 403 access and walking distance to the Brantford General Hospital and Brant County Health unit.
Century 21 Heritage House LTD
$719,900
99 Dundas Street, Brantford, Ontario
3 Bedrooms
3 Bathrooms
2763 Sqft
Property
MLS® Number: 40776571
Address: 99 Dundas Street
City: Brantford
Exterior: Brick, Vinyl Siding
Lot Size: 264.0ft x 45.0ft
Utilities
Heating: Forced Air, Natural Gas
Parking
Parking Spaces: 6
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Property Sale History
Travel and Neighbourhood
70/100Walk Score®
Very Walkable
Location
