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$719,900

Brantford ON, N3R 1S4

MLS® # 40776571

Property Information:

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.

Inclusions: None

Exclusions : Tenants Belongings

Building Features:

  • Floor Space: 2763 Square Feet

Property Features:

  • Bedrooms: 3
  • Acres Range: < 0.5
  • Basement: Full, Finished
  • Construction Materials: Brick, Vinyl Siding
  • Cooling: None
  • Driveway Parking: Private Drive Single Wide, Private Drive Double Wide
  • Exterior Features: Storage Buildings
  • Floor Space (approx): 2763 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Accessory Apartment, Separate Hydro Meters
  • Laundry Features: In-Suite
  • Lot Depth: 264 Feet
  • Lot Features: Ample Parking, Hospital, Library, Public Transit, Shopping Nearby
  • Lot Frontage: 45.00 Feet
  • Other Structures: Storage
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: RC
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 6

Courtesy of: Century 21 Heritage House LTD

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 99 Dundas Street, Brantford, ON, N3R 1S4

Demographic Information of 99 Dundas Street, Brantford, ON, N3R 1S4

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$88,417.26

Average Number of Children

1.68

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.08 %

High school certificate or equivalent

34.24 %

Apprenticeship trade certificate/diploma

6.84 %

College/non-university certificate

27.76 %

University certificate (below bachelor)

0.01 %

University Degree

10.08 %

Commuter

Travel To Work

By Car

89.85 %

By Public Transit

3.92 %

By Walking

3.68 %

By Bicycle

0.41 %

By Other Methods

2.14 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

28.29 %

Houses

71.71 %

Own Vs. Rent