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152 Terrace Hill St

Terrace Hill St, Terrace Hill, Brantford, ON, N3R 1G6

-
Beds
-
Baths
2,115
Sq. Ft.
$1,150,000
List Price
Details
Photos
27
Comparables
History
152 Terrace Hill St, Brantford, ON - 1 of 3
152 Terrace Hill St, Brantford, ON - 2 of 3
152 Terrace Hill St, Brantford, ON - 3 of 3
84 days on market

Quick Summary

  • Renovated fourplex on deep lot with detached 2.5 car garage
  • Lucrative investment opportunity with 6% cap rate
  • Potential for 5th unit addition with existing plans
  • Robust cash flow with tenants paying heat, hydro, and landlord paying water
  • Recent upgrades include new interiors, electrical, plumbing, heating, kitchens, flooring, and appliances
  • Detached 2-1/2 car garage adds rental potential
  • Situated near hospitals, schools, university, shopping, parks, and bus routes
  • Easy access to HWY 403, ideal for commuters

RENOVATED FOURPLEX on DEEP LOT & DETACHED 2.5 CAR GARAGE. Market Rents with 6% Cap rate. Tenants pay Heat & Hydro,Landlord pays water only. NEW Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Turnoverswould simply be a clean and fresh paint. Approx $220k in upgrades. Welcome to... Show More

RENOVATED FOURPLEX on DEEP LOT & DETACHED 2.5 CAR GARAGE. Market Rents with 6% Cap rate. Tenants pay Heat & Hydro,Landlord pays water only. NEW Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Turnoverswould simply be a clean and fresh paint. Approx $220k in upgrades. Welcome to 152 Terrace Hill Street, North Ward, Brantford. This property,meticulously renovated, offers a lucrative investment opportunity. With potential for a 5th unit addition and existing plans, it features 3-1 bedroom and 1-2bedroom units, each self-contained with tenants handling expenses except water, ensuring robust cash flow. Recent upgrades include individual hotwater tanks, heating systems, stainless steel appliances, washers/dryers, and basement waterproofing. A detached 2-1/2 car garage adds rentalpotential. Ideal for savvy investors seeking a turnkey property in a thriving rental market. Situated near hospitals, schools, university, shopping, parks, andbus routes, plus easy access to HWY 403, ideal for commuters. **** EXTRAS **** Situated near hospitals, schools, university, shopping, parks, and bus routes, plus easy access to HWY 403,ideal for commuters. (id:54626)

Property Details

Size

2,115 sq. ft.
0 Beds
0 Baths

Lot

Size
500′0″ * 2256′0″
Acres
-

Heating & Cooling

Heating
Other
Cooling
Fully air conditioned

Utilities

Water
Municipal water
Sewer
-
SHOW LESS

Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
X9258096
Last Updated
October 16, 2024
Brokerage
EXP REALTY
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Call us 800-591-0566

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