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Home ON Greater Brantford Brantford North Ward
254 BRANT Avenue
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254 BRANT Avenue $1,100,000
6 days ago
$1,100,000
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254 BRANT Avenue
Brantford, Ontario N3T3J5

MLS® Number: 40668634
3
Bedrooms
5
Bathrooms
3467
Square Feet

Listing Description

Attention investors. Welcome to 254 Brant Ave. Featuring, an all brick building with 3467 sq. ft. of finished space. 2 separate ground floor commercial units (1 Lease), each unit has a 2 piece washroom, and shareable common lunchroom. Gross monthly rent $3109. Upstairs, three updated 1 bedroom, 1 bathroom apartments. Monthly rent $850.00, $750.00, $1450.00. Gross income $73,908.00, Expenses: Gas $3044.49, hydro $3106.33 water $926.32, building insurance $1894.00 Property taxes $7189.00. Total expenses $16,160.14. net operating income $57,747.86. Cap rate of 5.2% Beautifully maintained, fully rented, mixed use commercial building located on one of Brantford's main arterial roads. Commercial unit has separate entrances on the back and the side. Paved parking with 7 spaces. Long term, excellent tenants provide a steady stream of income and make this a great investment. This building is in pristine condition and would make an excellent addition your property portfolio. (68263696)

Location Description

St. Paul Ave to Brant Ave.

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Storeys
2
Square Footage
3467 sqft
Subdivision Name
2037 - Lansdowne
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$7,186.86
Total Parking Spaces
7
Time on REALTOR.ca
6 days

Building

Bathrooms
Total
5
Interior Features
Appliances Included
Window Coverings
Basement Type
Partial (Unfinished)
Building Features
Features
Paved driveway
Foundation Type
Block
Total Units
5
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
High Traffic Area
Amenities Nearby
Hospital
Parking
Total Parking Spaces
7

Measurements

Square Footage
3467 sqft
Above Grade Finished
3467 sqft
Source: Other

Land

Lot Features
Frontage
63 ft
Other Property Information
Zoning Description
C4
Data provided by: Brantford Regional Real Estate Assn Inc 106 George Street, Brantford, Ontario N3T 2Y4

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