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$749,900

Brantford ON, N3T 3A3

MLS® # 40778005

Property Information:

Established 3 rented units 1 vacant unit 4 plex in downtown area of Brantford. Impressive 8.2% cap rate! Annual income was $69,000, and rents are now 1550+ 1281+1600. 4 water heaters are rented. Roof replaced in 2017. Furnace replaced in 2023. Kitchens renovated in 2012. Bathrooms renovated in 2012. All wiring has been updated to copper, with new electric panel. All plumbing has been updated in all units. Two 2 bedroom and 1 bath and two 3 bedroom and 1 bath. Lower units have back yard access. Potential for future development in Brantford's main corridor.

Inclusions: Other,4 Refrigerators, 4 Stoves, 2 Furnaces

Exclusions : Tenants Belongings

Building Features:

  • Floor Space: 3302 Square Feet

Property Features:

  • Bedrooms: 10
  • Acres Range: < 0.5
  • Basement: Full, Unfinished
  • Built in: 1896
  • Construction Materials: Brick
  • Cooling: None
  • Driveway Parking: Private Drive Single Wide
  • Floor Space (approx): 3302 Square Feet
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Other
  • Lot Depth: 66 Feet
  • Lot Features: City Lot, Library, Public Transit
  • Lot Frontage: 58.50 Feet
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: C8-19, RC
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 2

Courtesy of: Re/Max Twin City Realty Inc

Data provided by: Brantford Regional Real Estate Association Inc. 106 George Street, Brantford, Ontario N3T 2Y4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 157-159 Market Street, Brantford, ON, N3T 3A3

Demographic Information of 157-159 Market Street, Brantford, ON, N3T 3A3

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$80,143.31

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.29 %

High school certificate or equivalent

37.16 %

Apprenticeship trade certificate/diploma

5.42 %

College/non-university certificate

19.75 %

University Degree

12.38 %

Commuter

Travel To Work

By Car

81.06 %

By Public Transit

8.84 %

By Walking

7.84 %

By Bicycle

0.25 %

By Other Methods

2.01 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

39.87 %

Houses

60.13 %

Own Vs. Rent