254 Brant Avenue, Brantford, ON, N3T 3J5

$1,100,000

MLS® # 40668634

Investment For Sale In North Ward, Brantford, Ontario

$1,100,000

Property Information:

Attention investors. Welcome to 254 Brant Ave. Featuring, an all brick building with 3467 sq. ft. of finished space. 2 separate ground floor commercial units (1 Lease), each unit has a 2 piece washroom, and shareable common lunchroom. Gross monthly rent $3109. Upstairs, three updated 1 bedroom, 1 bathroom apartments. Monthly rent $850.00, $750.00, $1450.00. Gross income $73,908.00, Expenses: Gas $3044.49, hydro $3106.33 water $926.32, building insurance $1894.00 Property taxes $7189.00. Total expenses $16,160.14. net operating income $57,747.86. Cap rate of 5.2% Beautifully maintained, fully rented, mixed use commercial building located on one of Brantford's main arterial roads. Commercial unit has separate entrances on the back and the side. Paved parking with 7 spaces. Long term, excellent tenants provide a steady stream of income and make this a great investment. This building is in pristine condition and would make an excellent addition your property portfolio.

Inclusions: Window Coverings,Note That 2 Refrigerators And 2 Stoves Are Included. Unit #5 Appliances Are Owned By Tenant.

Building Features:

  • Floor Space: 3467 Square Feet

Property Features:

  • Bedrooms: 3
  • Acres Range: < 0.5
  • Basement: Partial, Unfinished
  • Construction Materials: Brick
  • Cooling: Central Air
  • Driveway Parking: Outside/Surface/Open, Private Drive Single Wide
  • Floor Space (approx): 3467 Square Feet
  • Heating: Forced Air, Natural Gas
  • Laundry Features: None
  • Lot Features: Ample Parking, City Lot, High Traffic Area, Hospital
  • Lot Frontage: 62.74 Feet
  • Parking Features: Asphalt
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Window Features: Window Coverings
  • Zoning: C4
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 7

Courtesy of: Royal LePage Action Realty

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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