224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford
  • 224 COLBORNE Street W Brantford

224 COLBORNE Street W, Brantford, Ontario

$849,900

  • 3 Beds
  • 3 Baths
  • 1,345 Square Feet

**NEW BRANTFORD CITY INTENSIFICATION CORRIDOR ZONING - COMMERCIAL USES ALLOWED** 7.1% CAP RATE - Welcome to an exciting offering in the extremely popular city of Brantford. This TRIPLEX not only offers 3 units with updated interiors, all with separate hydro meters, and parking for each unit, but it also offers a FOURTH rentable space in the detached workshop. The property itself has been craftily designed, to enhance each units unique livability, giving this building the ability to attach an almost universal audience. There is a main floor unit with no stairs, an upper private unit with a cozy juliet balcony and the last unit offers main floor living with a surprisingly large basement to enjoy as well. ALL THE RENTS ARE MARKET RENTS, yes you read that correct, this building has been flipped in the recent years with modern leases all paying market rents. This building offers a 7.1% CAP RATE. In a time where the comparable properties are still stuck in the 5's. This is a rare chance to own a key turn investment property and start CASH FLOWING TODAY, EVEN WITH A MORTGAGE. (id:56241)

  • Listing ID: 40671325
  • Property Type: Multi-family
  • Year Built: 1880
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Details

  • Amenities Nearby: Playground, Public Transit
  • Community Features: High Traffic Area, Quiet Area, School Bus
  • Equipment: Water Heater
  • Features: Paved driveway, Automatic Garage Door Opener
  • Ownership: Freehold
  • Parking Spaces: 6
  • Rental Equipment: Water Heater
  • Transaction: For sale
  • Zoning Description: IC

Building

  • BasementType: Partial (Finished)
  • Basement Development: Finished
  • Constructed Date: 1880
  • Cooling: None
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Foundation: Stone
  • Bathrooms (Total): 3
  • Heating: Radiant heat
  • Heating Fuel: Natural gas
  • Size Interior: 1345 sqft
  • Stories Total: 2
  • Type: Triplex
  • Utility Water: Municipal water

Land

  • Amenities: Playground, Public Transit
  • Sewer: Municipal sewage system
  • Size Frontage: 40 ft
MLS®

Listing provided by Re/Max Twin City Realty Inc.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 224 COLBORNE Street W in Brantford Ontario. It was last modified on October 31st, 2024. Contact us to schedule a viewing or to discover other Brantford real estate for sale.

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