152 Terrace Hill Street, Brantford, Ontario

$1,150,000

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5

Beds

4

Baths

2,115

Square feet

About 152 Terrace Hill Street

RENOVATED FOURPLEX on DEEP LOT & DETACHED 2.5 CAR GARAGE. Market Rents with 6% Cap rate. Tenants pay Heat & Hydro, Landlord pays water only. NEW Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Turnovers would simply be a clean and fresh paint. Approx $220k in upgrades. Welcome to 152 Terrace Hill Street, North Ward, Brantford. This property, meticulously renovated, offers a lucrative investment opportunity. With potential for a 5th unit addition and existing plans, it features 3-1 bedroom and 1-2 bedroom units, each self-contained with tenants handling expenses except water, ensuring robust cash flow. Recent upgrades include individual hot water tanks, heating systems, stainless steel appliances, washers/dryers, and basement waterproofing. A detached 2-1/2 car garage adds rental potential. Ideal for savvy investors seeking a turnkey property in a thriving rental market. Situated near hospitals, schools, university, shopping, parks, and bus routes, plus easy access to HWY 403, ideal for commuters (id:36535)

Features of 152 Terrace Hill Street

Listing # 40684760
Price $1,150,000
Bedrooms 5
Bathrooms 4.00
Square Footage 2,115
Acres 0.00
Year Built 1890
Type Multi-family
Sub-Type Freehold

Community Information

Address 152 Terrace Hill Street
Subdivision 2041 - Terrace Hill
City Brantford
Province Ontario
Postal Code N3R1G6

Amenities

Amenities Hospital, Park, Place of Worship, Playground, Public Transit, Schools
Features Southern exposure
Parking Spaces 6
Parking Detached Garage
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Appliances Window Coverings
Heating Heat Pump
Fireplace No
# of Stories 2
Has Basement Yes

Exterior

Exterior Brick
Foundation Block

Listing Details

OfficeCourtesy Of Jake Nicolle Of EXP REALTY OF CANADA INC

Listing Map