$6,995,000
FOR SALE

Business for Sale

Total Area: 18,298 ft2

65 St. George Street
Brantford, ON N3R 1V2

Welcome to this stunning fully renovated 24-unit , six storey apartment building with market rents. This building has been turned over with 21 of the units fully renovated with upgrades including a full electrical upgrade with separately metered hydro in every unit. Ductless spilts providing heat and air-conditioning. Also secondary heat in all rooms with electrical baseboard. All 21 of the renovated units have brand new kitchens and stainless steel appliances. Quartz counter tops, designer backsplash, new flooring , paint, lighting, paint, all new doors and fully renovated bathrooms. the underground garage features a heated driveway, remote entry and rentable spots. All common areas have new flooring, baseboards, lights and security cameras installed throughout. The elevator is frequently maintained and has been completely remodelled inside. Added income with coin operated laundry and over 20 extra storage units built for tenants. Additional annual income form Rogers with cellular towers on top of building. The building is situated on a desirable corner lot, close to hospital, shopping, grocery restaurants, and bus routes. Not only is this an amazing opportunity, the sellers have secured a large assumable (for qualified buyers) CMHC mortgage at 3.75% for 10 years fixed with 40 year amortization. The current process for the CMHC could be up to two years which makes this assumable mortgage very desirable for any buyer. Please contact the listing agent for all info. (id:47421)
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Listed By THE REALTY FIRM INC., Brokerage
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8282980
Last Updated May 14, 2024
Property Summary
Property Type Business For Sale

More like this:
Franchise Non-Franchise
Price History

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Detailed Information
Bedrooms 24
Bathrooms 24
Total Area 18,298 ft2
Amenities Nearby Public Transit, Hospital
Features Lighting, Laundry- Coin operated
Listing Contract Date 2023-11-07
# of Parking Spaces 24
Property Type Business
Transaction Type For sale
Building
Amenities Separate Heating Controls
Appliances Dryer, Refrigerator, Stove, Two Washers, Two stoves, Washer
Basement Type Full
Exterior Finish Aluminum siding, Brick
Fire Protection Controlled entry, Security system
Fireplace Present Yes
Foundation Type Poured Concrete
Heating Fuel Electric
Heating Type Baseboard heaters
Utility Water Municipal water
Parking Spaces
Name Spaces
Attached Garage26
Land
Total Size Unit=122.32 x 157.39 FT | under 1/2 acre
Amenities Public Transit, Hospital
Sewer Sanitary sewer
Size of Irregular Land Unit=122.32 x 157.39 FT

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