152 Terrace Hill Street Brantford, Ontario N3R 1G6
$1,150,000
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. (id:50886)
Property Details
| MLS® Number | 40634362 |
| Property Type | Office |
| AmenitiesNearBy | Hospital, Public Transit, Schools |
| Features | Southern Exposure |
| ParkingSpaceTotal | 6 |
Building
| BasementType | Full |
| ConstructedDate | 1890 |
| ExteriorFinish | Brick |
| FoundationType | Block |
| StoriesTotal | 2 |
| SizeExterior | 2115.0000 |
| SizeInterior | 2115 Sqft |
| UtilityWater | Municipal Water |
Parking
| Detached Garage |
Land
| AccessType | Highway Access |
| Acreage | No |
| LandAmenities | Hospital, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| SizeFrontage | 42 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | Rc Os1 |
https://www.realtor.ca/real-estate/27300861/152-terrace-hill-street-brantford
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Jake Nicolle
Salesperson
4711 Yonge Street Unit C 10th Floor
Toronto, Ontario M2N 6K8
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August 16 2024 05:59:06
Mississauga Real Estate Board
Exp Realty Of Canada Inc