174-176 Darling Street, Brantford, ON N3S 3W6

$895,000
7
BD
4
BA
3,500
SqFt

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List Price
$895,000
MLS#
X13236436
Status
ACTIVE
Type
Multifamily
SubType
Multiplex
Style
2 1/2 Storey
Bedrooms
7
Bathrooms
4
Living Area
3500-5000
Province
ON
Municipality
Brantford
Area
Brantford
Subdivision
Clarence

Property Description

Legal fourplex in Brantford. Strong 7.43% cap rate with excellent upside potential. Large lot with private parking and separately metered units. Mix of spacious 2 bedroom and 1 plus den layouts. Extensively renovated between 2022 and 2025. Multiple complete kitchen renovations featuring new cabinets, quartz countertops, backsplashes, sinks, faucets, and stainless steel appliances. Multiple full bathroom renovations including new plumbing, flooring, drywall, vanities, toilets, and tiled tub and shower combinations. New flooring installed throughout several units along with fresh paint and updated light fixtures. Fourteen new windows installed across multiple units. Approximately 50 percent of the roof re shingled in 2022 with the remaining portion previously updated. Two new 1.5 ton air conditioning units installed in 2022. Major plumbing upgrade in 2022 with removal of old cast iron drain line and replacement with new ABS main drain from rear to front of property. Driveway and parking area re gravelled in 2023. New dryer installed in 2025. Two units currently vacant with another becoming available, offering immediate opportunity to increase rents and further improve returns. Prime location close to downtown amenities, transit, and major corridors. Turnkey multi residential asset with significant capital improvements already completed and minimal deferred maintenance

Additional Information

Taxes
$5,532
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Kitchens
3
Exterior
Brick
Garage Spaces
2
Garage Type
Detached
Pool
None
Parking Spaces
6
Parking Type
Private Double

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Calculator source: Real Geeks

Listing courtesy of CENTURY 21 HERITAGE HOUSE LTD.