415 CHATHAM Street 2050 - Echo Place, Brantford, Ontario, CA

Address: 415 CHATHAM Street, Brantford, Ontario

6 Beds3 Baths2604 sqftStatus: Buy
Price $934,900

Property Overview


CALLING ALL INVESTORS - An exceptional investment opportunity awaits you at 415 Chatham Street, Brantford. This triplex currently offers a yearly rental income of $72,600, with a potential cap rate of 3.41%!! With three fully occupied units, each comprising 2 bedrooms and 1 full bathroom, this property promises both immediate cash flow, currently over $2400/month (with the potential for more) and long-term value appreciation. This building is fully legal and permitted with all headaches taken care of. Updates include a newer roof, windows, all units freshly painted and updated, some plumbing and wiring also updated. A minor variance was done for parking, giving each unit its own exclusive parking space. The main and upper unit both have their own separate panel and the lower unit is wired for separate metering. You don’t want to miss out on adding this fantastic turnkey triplex to your portfolio. Check out the feature sheet for a full list of upgrades. (id:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Triplex
Storeys
2
Square Footage
2604.0000
Subdivision Name
2050 - Echo Place
Title
Freehold
Land Size
under 1/2 acre
Built in
1965
Building
Bathrooms
Total
6
Interior Features
Basement Type
Full (Finished)
Building Features
Foundation Type
Brick
Square Footage
2604.0000
Structures
Shed
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters, Radiant heat
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
Quiet Area
Amenities Nearby
Park, Schools, Shopping
Parking
Total Parking Spaces
5
Land
Lot Features
Fencing
Fence
Other Property Information
Zoning Description
R1C
Features
           None
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Your Home Finance Calculation

Property Price CA $934,900
Bank Loan Amount CA $0
Monthly Installment CA $0

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