Rare investment opportunity! Welcome to this side-by-side bungalow triplex offering exceptional versatility and an impressive approximate 7.5%cap rate. The property features two original 2-bedroom, 1-bath units, each with a crawl space, plus a newly constructed (2022) 4-bedroom, 2-bath unit complete with a full basement. All three units are currently tenanted on month-to-month leases, providing immediate income withfuture flexibility. Each unit has been tastefully updated with modern finishes, is completely carpet free, and offers a functional layout that appealsto today's tenants and homeowners alike. Whether you're a savvy investor looking to expand your portfolio or a first-time buyer or downsizerhoping to offset your mortgage by living in one unit while collecting rental income from the others, this property offers outstanding potential.Ideally situated close to shopping, schools, parks, transit, and all everyday amenities, with convenient access to Highway 403 for commuters.Opportunities to own a property like this are few and far between. (id:374)
| MLS # | 40849131 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 100 |
| Listing Provided By | RE/MAX Escarpment Golfi Realty Inc. | Rob Golfi |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,585 |
| Basement | Y |
| Story(s) | 1 |
| Units | 4 |
| Zoning | RC |
| Cooling | Central air conditioning, Wall unit |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Window Coverings |
| Fireplace Yes / No | No |
| Foundation Details | Poured Concrete |
|---|
| Parking Total | 5 |
|---|
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 3672 |
|---|
| Province | ON |
|---|---|
| City | Brantford |
| Postal Code | N3S3A4 |
| Community Name | 2044 Victoria/Arthur |
| Listing VS Median (in 2044 Victoria/Arthur) | |
Price: $799,900 low | high Med: $509,000 sqft: 2,585 low | high Med: 1,716 $ / sqft: $309 low | high Med: $297 On site: 100 low | high Med: 52.5 | |
| Province | ON |
|---|---|
| City | Brantford |
| Postal Code | N3S3A4 |
| Community Name | 2044 Victoria/Arthur |
| Listing VS Median (in 2044 Victoria/Arthur) | |
Price: $799,900 low | high Med: $509,000 sqft: 2,585 low | high Med: 1,716 $ / sqft: $309 low | high Med: $297 On site: 100 low | high Med: 52.5 | |