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254 Brant Ave

Brant Ave, North Ward, Brantford, ON, N3T 3J4

3
Beds
5
Baths
3,467
Sq. Ft.
$1,100,000
List Price
Details
Photos
39
Comparables
History
254 Brant Ave, Brantford, ON - 1 of 3
254 Brant Ave, Brantford, ON - 2 of 3
254 Brant Ave, Brantford, ON - 3 of 3
53 days on market

Quick Summary

  • Fully rented, mixed-use commercial building
  • Beautifully maintained, in pristine condition
  • Excellent location on main arterial road
  • Separate commercial unit entrances and parking
  • Steady stream of income from long-term tenants
  • Attractive 5.2% capitalization rate
  • Upstairs apartments with updated units
  • Gross monthly rent of $3,109

Attention investors. Welcome to 254 Brant Ave. Featuring, an all brick building with 3467 sq. ft. of finished space. 2 separate ground floor commercial units (1 Lease), each unit has a 2 piece washroom, and shareable common lunchroom. Gross monthly rent $3109. Upstairs, three updated 1 bedroom, 1 bathroom apartments. Monthly rent... Show More

Attention investors. Welcome to 254 Brant Ave. Featuring, an all brick building with 3467 sq. ft. of finished space. 2 separate ground floor commercial units (1 Lease), each unit has a 2 piece washroom, and shareable common lunchroom. Gross monthly rent $3109. Upstairs, three updated 1 bedroom, 1 bathroom apartments. Monthly rent $850.00, $750.00, $1450.00. Gross income $73,908.00, Expenses: Gas $3044.49, hydro $3106.33 water $926.32, building insurance $1894.00 Property taxes $7189.00. Total expenses $16,160.14. net operating income $57,747.86. Cap rate of 5.2% Beautifully maintained, fully rented, mixed use commercial building located on one of Brantford's main arterial roads. Commercial unit has separate entrances on the back and the side. Paved parking with 7 spaces. Long term, excellent tenants provide a steady stream of income and make this a great investment. This building is in pristine condition and would make an excellent addition your property portfolio. (id:54626)

Property Details

Size

3,467 sq. ft.
across 2 floors
3 Beds
5 Baths
5 Full

Parking

7 Parking Spaces
-

Build

Year Built
-
Model Name
-
Basement
Unfinished
Exterior
Brick
Foundation
Block
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
Central air conditioning

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
40668634
Last Updated
October 30, 2024
Brokerage
Royal LePage Action Realty
Powered by: REALTOR.ca
Call us 800-591-0566

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