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Home ON Greater Brantford Brantford Terrace Hill
152 TERRACE HILL Street
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152 TERRACE HILL Street $1,150,000
1 day ago
$1,150,000
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152 TERRACE HILL Street
Brantford, Ontario N3R1G6

MLS® Number: 40684742

Listing Description

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 (68427837)

Location Description

WEST ST OR ST PAUL TO TERRACE HILL

Property Summary

Property Type
Office
Storeys
2
Subdivision Name
2041 - Terrace Hill
Title
Freehold
Land Size
under 1/2 acre
Built in
1890
Annual Property Taxes
$4,085
Parking Type
Detached Garage
Time on REALTOR.ca
1 day

Building

Interior Features
Basement Type
Full
Building Features
Features
Southern exposure
Foundation Type
Block
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Amenities Nearby
Hospital, Public Transit, Schools
Parking
Parking Type
Detached Garage
Total Parking Spaces
6

Measurements

Square Footage
2115 sqft
Exterior Building Size
2115 sqft

Land

Lot Features
Frontage
42 ft
Other Property Information
Access
Highway access
Zoning Description
RC OS1
Data provided by: Cornerstone - Mississauga # 1 - 3450 RIDGEWAY Drive, Mississauga, Ontario L5L0A2
Jake Nicolle