This exceptional income-generating property brings in over $46,000 per year and offers a fantastic turnkey investment opportunity. Legally designated as a duplex, this cash-flowing property is situated in the heart of downtown Brantford, just a short walk from the casino and a variety of amenities, including Wilfrid Laurier University and Conestoga College campuses. Designed for convenience, the property features dedicated parking for each unit, accommodating up to four vehicles. A durable, low-maintenance metal roof adds to the long-term value. Each unit is separately metered for water and hydro, ensuring easy utility management. Currently, the lower unit is vacant, allowing for immediate possession or the opportunity to set a new rental rate. The upper unit is already rented at $2,000 per month, while the lower unit has the potential to bring in $1,850, both plus utilities. Additionally, there is the possibility of adding an auxiliary unit to further maximize cash flow. This is a rare opportunity to invest in a high-yield property in a prime location! Book you showing today! (id:47421)
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Detailed Information
Bedrooms
5
Bathrooms
2
Lot
49 x 90 ft
Amenities Nearby
Place of Worship, Schools, Shopping
Features
Southern exposure, Paved driveway
Listing Contract Date
2025-02-03
Location Description
Travelling north on Erie Ave., turn right onto Eagle Ave.
Ownership Type
Freehold
# of Parking Spaces
4
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
F-RC
Building
Basement Development
Unfinished
Basement Type
Partial (Unfinished)
Constructed Date
1885
Cooling Type
Central air conditioning
Exterior Finish
Brick, Vinyl siding
Foundation Type
Poured Concrete
Heating Fuel
Natural gas
Heating Type
Baseboard heaters, Forced air
Stories Total
2
Type
Duplex
Utility Water
Municipal water
Land
Total Size
under 1/2 acre
Amenities
Place of Worship, Schools, Shopping
Sewer
Septic System
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