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Home ON Greater Brantford Brantford East Ward
85 PARK AVENUE
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85 PARK AVENUE $900,000
6 days ago
$900,000
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85 PARK AVENUE
Brantford, Ontario N3S5H4

MLS® Number: X9367819
8 + 0
Bedrooms
4
Bathrooms
3000 - 3500
Square Feet

Listing Description

This VACANT legal 4-plex is a fantastic investment opportunity! Occupied will operate at an 8% cap rate! Featuring four spacious 2-bedroom units, each offering ample living space. With all units currently vacant, investors have the unique advantage of selecting their own tenants and renting at market rates. Additionally, this property is perfect for an owner-occupant, allowing you to live in one unit while generating income from the others, effectively covering your living expenses and enjoying cost free living! All units are separately metered for hydro and gas allowing for minimal expenses to the property owner and very strong cashflow . This is a great opportunity for investors and aspiring home owners. Can be sold vacant or can fill units with people on waiting list. (36835080)

Location Description

Right on Mary to Park Avenue, Property will be on the left.

Property Summary

Property Type
Single Family
Building Type
Fourplex
Storeys
3
Square Footage
3000 - 3500 sqft
Land Size
33 x 108.9 FT|under 1/2 acre
Annual Property Taxes
$5,682
Total Parking Spaces
1
Time on REALTOR.ca
6 days

Building

Bedrooms
Above Grade
8
Bathrooms
Total
4
Interior Features
Basement Type
Full (Finished)
Building Features
Foundation Type
Block
Heating & Cooling
Heating Type
Radiant heat (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Total Parking Spaces
1

Measurements

Square Footage
3000 - 3500 sqft

Land

Lot Features
Frontage
33 ft
Land Depth
108 ft ,10 in
Other Property Information
Zoning Description
RC
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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