$499,900

Investment For Sale In Terrace Hill, Brantford, Ontario

$499,900

Property Information:

Welcome To 165 Sydenham St, A Remarkable Duplex Currently Utilized As Five Units, Generating Impressive Rental Income. This "Cash Cow" Property Offers An Attractive Cap Rate Of Over 8%! Situated On A Spacious Over Half An Acre With A 254 Ft Deep, L-Shaped Lot Backing Onto A Ravine With No Rear Neighbours, It Offers Significant Development Potential. The Property Generates $69,720 Annually With One Vacant Unit That Could Increase Your Income To $84,120 Per Year. Additionally, There Is A Detached Heated Workshop That Can Be Used Personally Or Rented Out For Extra Cash Flow. Perfect For Investors Seeking Substantial Rental Income Or Families Looking For Multi-Generational Living Arrangements, This Property Is Centrally Located, Offering Easy Access To Amenities, Shopping, And Public Transit. Whether You're An Investor Or Searching For A Spacious Home With Rental Potential, This Multi-Unit Property Presents An Exceptional Opportunity.

Inclusions: Other,3 Fridges , 1 Stove, 1 Dishwasher, 2 Furnaces, 1 Boiler, 1 Air Conditioner

Exclusions : Tenant Belongings, Curtains / Drapes, Shop - Inventory / Belongings, Washer, Dryer & Both Hot Tubs

Building Features:

  • Floor Space: 2210 Square Feet

Property Features:

  • Bedrooms: 4
  • Acres Range:
  • Basement: Partial, Unfinished
  • Built in: 1890
  • Cooling: Central Air
  • Driveway Parking: Private Drive Double Wide
  • Exterior Features: Backs on Greenbelt
  • Floor Space (approx): 2210 Square Feet
  • Heating: Forced Air, Radiant
  • Interior Features: Accessory Apartment
  • Laundry Features: None
  • Lot Depth: 255.71 Feet
  • Lot Features: Irregular Lot, Greenbelt, Hospital
  • Lot Frontage: 64.00 Feet
  • Other Structures: Shed(s), Workshop
  • Parking Features: Gravel
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: RC
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 6

Courtesy of: Rock Star Real Estate Inc., Brokerage

Data provided by: The Oakville, Milton and District Real Estate Board 125 Navy Street, Oakville, Ontario L6J 2Z5
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved