$1,150,000
FOR SALE

Investment

Lot: 92 x 64 ftTotal Area: 3,207 ft2
2023 Taxes: $4,597

44 Mary St
Brantford, ON N3S 3B1

RENOVATED FOURPLEX on DOUBLE LOT with NEW EVERYTHING. Market Rents with 6% Cap-Rate. Tenants pay Heat, Hydro & Water. NEW Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Approx $300k in upgrades. Turnovers would simply be a clean and fresh paint. All units re-rented to highly vetted tenants with no legacy tenants. Introducing a prime investment opportunity located at the corner of Mary and Peel: a brick 4-plex boasting an extra-large lot for potential expansion. While it may not be suitable for severance, there's room for growth, possibly transforming it into a 7-plex (survey copy available). Don't miss out on this investment opportunity with potential for growth and increased profitability.
Extras
Located in a well-established neighborhood, residents benefit from proximity to local amenities such as shops, restaurants, and parks, fostering a convenient and comfortable lifestyle.
Share
Listed By EXP REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8301968
Last Updated May 03, 2024
Property Summary
Property Type Investment

More like this:
Use Apartments - 2 to 5 Units
Category Apartment
PIN 321050190
Occupancy Tenant
Possession Date Flexible
Taxes (2023) $4,597
Tax Type N/A
Assessment (2023) $332,000
Directions/Cross Streets Corner Of Mary And Peel
Area Brantford
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Lot 92 x 64 ft
Total Area 3,207 ft2
Elevator None
Air Conditioning Y
Basement Y
Chattels Y
Garage Type None
Heat Type Elec Forced Air
Financial Statement Y
Gross Income/Sales $79,200
Net Income Before Debt $71,710
Insurance Expense $2,640
Operating Expenses $7,490
Taxes Expense $4,850
Year Expenses $2,023
Expenses Actual/Estimated Est
Utilities A
Water Municipal
Lot/Bldg/Unit Code Unit
Zoning RC
Seller Property Info Statement N

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

FREE ESTIMATES ARE COMING

Reserve Your Spot To Be Notified
or

Coming soon to select cities
in North America

(We'll never share your details)