101 SARAH Street, Brantford, Ontario N3S3A4

Listing courtesy of RE/MAX Escarpment Golfi Realty Inc..

$819,000
8
BD
4
BA
2,585
SqFt

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List Price
$819,000
MLS®
40849131
Days on Market
9
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
8
Bathrooms
4
Living Area
2,585
Subdivision
2044 - Victoria/Arthur

Property Description

Rare investment opportunity! Welcome to this side-by-side bungalow triplex offering exceptional versatility and an impressive approximate 7.5%cap rate. The property features two original 2-bedroom, 1-bath units, each with a crawl space, plus a newly constructed (2022) 4-bedroom, 2-bath unit complete with a full basement. All three units are currently tenanted on month-to-month leases, providing immediate income withfuture flexibility. Each unit has been tastefully updated with modern finishes, is completely carpet free, and offers a functional layout that appealsto today's tenants and homeowners alike. Whether you're a savvy investor looking to expand your portfolio or a first-time buyer or downsizerhoping to offset your mortgage by living in one unit while collecting rental income from the others, this property offers outstanding potential.Ideally situated close to shopping, schools, parks, transit, and all everyday amenities, with convenient access to Highway 403 for commuters.Opportunities to own a property like this are few and far between. (id:5764)

Additional Information

Ownership
Freehold
Subdivision
2044 - Victoria/Arthur
Parking Spaces
5
Cooling
Central air conditioning, Wall unit
Country
Canada
Sewer
Municipal sewage system
Community Features
School Bus, Community Centre
Heating
Forced air, Natural gas
Total Number Of Units
4
Stories
1

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Term of Loan
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Calculator source: Real Geeks