254 Brant Avenue, Brantford, Ontario

$1,100,000

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3

Beds

5

Baths

3,467

Square feet

About 254 Brant Avenue

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, $1000.00, $1435.00. Gross income $76,728.00. 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. (id:36535)

Features of 254 Brant Avenue

Listing # 40668634
Price $1,100,000
Bedrooms 3
Bathrooms 5.00
Square Footage 3,467
Acres 0.00
Type Multi-family
Sub-Type Freehold

Community Information

Address 254 Brant Avenue
Subdivision 2037 - Lansdowne
City Brantford
Province Ontario
Postal Code N3T3J5

Amenities

Amenities Hospital
Features Paved driveway
Parking Spaces 7
Is Waterfront No
Has Pool No

Interior

Appliances Window Coverings
Heating Natural gas Forced air
Cooling Central air conditioning
Fireplace No
# of Stories 2
Has Basement No

Exterior

Exterior Brick
Foundation Block

Listing Details

OfficeCourtesy Of Lance Calbeck and William Austin Of Royal LePage Action Realty

Listing Map