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40 Niagara St

Brantford, ON N3R 4E2
  • $665,000
  • STATUS: Active
  • ON SITE: 38 Days
  • ID#: X8323054
$665,000
  • 4
    BEDS
  • < .50
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1100-1500
    SQFT
Neighbourhood:
Type:
Single-Family Home
County:
Area:

Description

Welcome to an exceptional investment opportunity in Brantford! This existing legal duplex is turn-key, with two well-maintained units featuring separate laundry facilities and tenants responsible for utilities. The units are in top condition with market rents, situated near downtown Brantford, this property benefits from its prime location near essential amenities, schools, parks, and transportation hubs. Combine this property with the vacant lot beside at 38 Niagara Street for a total of five units upon completion, offering substantial revenue potential. With CMHC financing available post-construction, investors can employ a BRRRR strategy to refinance most of their capital out while still maintaining positive cash flow. Don't miss out on this remarkable opportunity!

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Listing information © 2024 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or eXp Realty. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2024-06-16T21:40:42.72.
www.theramosteam.com/homes/150373814
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40 Niagara St Brantford, ON N3R 4E2

  • Price: $665,000
  • Status: Active
  • On Site: 38 Days
  • ID#: X8323054
4
Beds
2
Baths
0
½ Baths
< .50
Acres
1100-1500
SQFT
$512
$/SQFT
Neighbourhood:
Brantford
County:
Ontario
Area:
Brantford
Property Description
Welcome to an exceptional investment opportunity in Brantford! This existing legal duplex is turn-key, with two well-maintained units featuring separate laundry facilities and tenants responsible for utilities. The units are in top condition with market rents, situated near downtown Brantford, this property benefits from its prime location near essential amenities, schools, parks, and transportation hubs. Combine this property with the vacant lot beside at 38 Niagara Street for a total of five units upon completion, offering substantial revenue potential. With CMHC financing available post-construction, investors can employ a BRRRR strategy to refinance most of their capital out while still maintaining positive cash flow. Don't miss out on this remarkable opportunity!
Exterior Features

Drive Private Exterior Brick Fronting On W Garage Type None Lot Depth 89.00 Lot Front 40.87 Lot Size Code Feet Parking Spaces 2 Pool None Style Bungalow

Interior Features

Air Conditioning None Basement FullPart Fin Family Room No Fireplace Or Stove No Heat Source Gas Heating Forced Air Kitchens 2 Room1 Kitchen Room2 Living Room3 Br Room4 Br Room5 Kitchen Room6 Living Room7 Br Room8 Br Rooms 8

Property Features

Approx Age 100+ Cross Streets Usher St. Residential Type Detached Sale Or Lease Sale Seller Property Info Statement N Sewer Sewers Tax Year 2024 Taxes 2575.52 Total Parking Spaces 2.0 Water Municipal Zoning RC

Listing courtesy of ROCK STAR REAL ESTATE INC..
Listing information © 2024 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or eXp Realty. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2024-06-16T21:40:42.72.
 
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eXp Realty
4711 Yonge St., 10th Flr
Toronto ON, M2N6K8