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Andrew Ahmed

Executive Homes Realty Inc.

andrew@gta.realestate +1(416) 619-5278

$659,999

Est. payment - /mo

5 Beds

3 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

MLS Listing ID X12835650

Style 2 1/2 Storey

Bedrooms 5

Annual Tax Amount $3,857

Tax Year 2025

Property Sub-Type Triplex

Property Description

Legal triplex in Brantford offered at $659,000 with a strong 6.7% cap rate. Excellent income profile with projected annual income of $57,654.72 and net income of $44,284.74. Ideal opportunity for investors seeking solid cash flow with quality tenants already in place. Garage income projected at $300 per month adds further upside potential. Extensive capital improvements have been completed. In 2021 Unit 1 underwent a full renovation including a modern kitchen with new flooring, cabinetry, stainless steel appliances, and quartz countertops. The bathroom was fully updated with new flooring, toilet, reglazed tub, tiled surround, and new plumbing fixtures. Six new windows were installed and electrical wiring was updated with a new panel. The laundry room was fully upgraded in 2021 with new wiring, plumbing for a laundry sink, new appliances, new doors, new window, and a newly enclosed basement entry. In 2023 all four electrical meters were replaced and relocated. In 2024 Unit 3 received a full bathroom renovation with new flooring, toilet, vanity, and shower enclosure. Additional upgrades included new flooring throughout the kitchen and living room, fresh paint, new light fixtures, and updated kitchen appliances, countertop, sink, and faucet. Unit 2 received a new refrigerator and new bathroom window in 2024. Well maintained building with strong mechanical updates and continued care. Prime location close to amenities, transit, and major routes. Turnkey multi residential investment with stable income and future growth potential.

Location

Province ON

County Brantford

Area Brantford

Rooms

Family Room Yes

Basement Partial Basement, Partially Finished

Kitchen 3

Interior

Interior Features None

Cooling None

Fireplace No

Heat Source Other

Exterior

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 43.55

Lot Depth 95.05

Total Parking Spaces 5

Building

Unit Features Hospital,Place Of Worship,School

Foundation Stone

Others

ParcelsYN No

Virtual Tour https://sites.ground2airmedia.com/videos/019c8e64-fe68-7196-8481-8482ce019275?v=169

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Listed by CENTURY 21 HERITAGE HOUSE LTD

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