152 TERRACE HILL Street 2041 - Terrace Hill, Brantford, Ontario, CA

Address: 152 TERRACE HILL Street, Brantford, Ontario

5 Beds4 Baths2115 sqftStatus: Buy
Price $1,150,000

Property Overview


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 (id:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Fourplex
Storeys
2
Square Footage
2115 sqft
Subdivision Name
2041 - Terrace Hill
Title
Freehold
Land Size
under 1/2 acre
Built in
1890
Parking Type
Detached Garage
Building
Bathrooms
Total
5
Interior Features
Appliances Included
Window Coverings
Basement Type
Full (Partially finished)
Building Features
Features
Southern exposure
Foundation Type
Block
Square Footage
2115 sqft
Heating & Cooling
Heating Type
Heat Pump
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
Detached Garage
Total Parking Spaces
6
Land
Other Property Information
Zoning Description
RC OS1
Features
           Southern exposure            Detached Garage            Window Coverings
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Your Home Finance Calculation

Property Price CA $1,150,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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