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152 Terrace Hill Street Brantford, Ontario N3R 1G6

2115 sqft

$1,150,000

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:52603)

Property Details

MLS® Number 40634362
Property Type Office
Amenities Near By Hospital, Public Transit, Schools
Features Southern Exposure
Parking Space Total 6

Building

Basement Type Full
Constructed Date 1890
Exterior Finish Brick
Foundation Type Block
Stories Total 2
Size Exterior 2115.0000
Size Interior 2115 Sqft
Utility Water Municipal Water

Parking

Detached Garage

Land

Access Type Highway Access
Acreage No
Land Amenities Hospital, Public Transit, Schools
Sewer Municipal Sewage System
Size Frontage 42 Ft
Size Total Text Under 1/2 Acre
Zoning Description Rc Os1

https://www.realtor.ca/real-estate/27300861/152-terrace-hill-street-brantford


EXP REALTY OF CANADA INC
4711 Yonge Street Unit C 10th Floor
Toronto, Ontario M2N 6K8

(866) 530-7737

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