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224 Colborne Street W, Brantford, ON, N3T 1L8

MLS® # 40671325
new listing
Investment For Sale In West Brant, Brantford, Ontario
$849,900
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
224 Colborne Street W, Brantford, ON
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Home Insurance - TD Insurance

Get a home insurance quote online for this $849,900 property in Brantford

Provided by TD Insurance
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ACTIVE
224 Colborne Street W, Brantford, ON, N3T 1L8
$849,900

Property Information:

**7.1% CAP RATE** Welcome to an exciting offering in the extremely popular city of Brantford. This TRIPLEX not only offers 3 units with updated interiors, all with separate hydro meters, and parking for each unit, but it also offers a FOURTH rentable space in the detached workshop. The property itself has been craftily designed, to enhance each units unique livability, giving this building the ability to attach an almost universal audience. There is a main floor unit with no stairs, an upper private unit with a cozy juliet balcony and the last unit offers main floor living with a surprisingly large basement to enjoy as well. ALL THE RENTS ARE MARKET RENTS, yes you read that correct, this building has been flipped in the recent years with modern leases all paying market rents. This building offers a 7.1% CAP RATE. In a time where the comparable properties are still stuck in the 5's. This is a rare chance to own a key turn investment property and start CASH FLOWING TODAY, EVEN WITH A MORTGAGE.

Inclusions: Other

Building Features:

  • Floor Space: 1345 Square Feet

Property Features:

  • Bedrooms: 3
  • Acres Range: < 0.5
  • Basement: Walk-Up Access, Partial, Finished
  • Built in: 1880
  • Construction Materials: Brick
  • Cooling: None
  • Driveway Parking: Private Drive Single Wide
  • Floor Space (approx): 1345 Square Feet
  • Heating: Natural Gas, Radiant
  • Interior Features: Accessory Apartment, Auto Garage Door Remote(s), Separate Hydro Meters
  • Laundry Features: In-Suite
  • Lot Depth: 155 Feet
  • Lot Features: Rectangular, High Traffic Area, Playground Nearby, Public Transit, Quiet Area, School Bus Route
  • Lot Frontage: 39.99 Feet
  • Parking Features: Detached Garage, Asphalt
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Zoning: RC
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 6

Courtesy of: Re/Max Twin City Realty Inc.

Data provided by: Brantford Regional Real Estate Association Inc. 106 George Street, Brantford, Ontario N3T 2Y4
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

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 224 Colborne Street W, Brantford, ON, N3T 1L8

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

33 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

33 hot days expected in 2050

53/100

Moderate

ClimateCheck®

Current data

This property, 224 Colborne Street W, experiences 7 hot days per year at around 31.4 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 35 degrees Celsius.

Projected Avg. Temperature

Past
31.4℃
2050
35℃

# Hot Days Per Year

Past
7
2050
33

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

61/100

Moderate-High

ClimateCheck®

Current data

This property, 224 Colborne Street W, experiences 11 significant 2-day storms per year, with about 314.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 389mm of precipitation per year.

Precipitation Per Storm

Past
314.7mm
2050
389mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 224 Colborne Street W, Brantford, ON, N3T 1L8

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$108,604.21

Average Number of Children

1.79

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.41 %

High school certificate or equivalent

32.07 %

Apprenticeship trade certificate/diploma

5.88 %

College/non-university certificate

25.39 %

University certificate (below bachelor)

2.74 %

University Degree

16.52 %

Commuter

Travel To Work

By Car

92.15 %

By Public Transit

3.03 %

By Walking

3.22 %

By Bicycle

0.0 %

By Other Methods

1.6 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

21.36 %

Houses

78.64 %

Own Vs. Rent

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