$1,100,000
 $5,905 est/mo Sourced by Back At You

254 Brant Avenue , Brantford, ON N3T 3J5

Brantford, ON N3T 3J5

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Description

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.

Details

MLS#40668634
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Days On Site8
Listing Provided ByRoyal LePage Action Realty | Lance Calbeck

Features

Bed(s)3
Bath(s)5
SQ Feet3,467
BasementY
Story(s)2
Units5
ZoningC4
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 1 minute ago
ProvinceON
CountyBrantford
CityBrantford
Postal CodeN3T 3J5
Area2028 Henderson | Holmedale
Subarea2037 Lansdowne
Community Name2037 Lansdowne
Listing VS Median (in 2037 Lansdowne)
Price:
$1,100,000
low | high
Med:
$999,950
59.095454545455% of Average
SqFt:
3,467
low | high
Med:
2,703
72.050764349582% of Average
$ / SqFt:
$317
low | high
Med:
$406
21.897100096045% of Average
On Site:
8
low | high
Med:
10.000000
80% of Average
Sourced by Back At You
Listing Updated: October 29, 2024 at 8:30:58 PM PDT