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40 Niagara St

Niagara St, Terrace Hill, Brantford, ON, N3R 4E2

4
Beds
2
Baths
$665,000
List Price
Details
Photos
21
Comparables
History
40 Niagara St, Brantford, ON - 1 of 3
40 Niagara St, Brantford, ON - 2 of 3
40 Niagara St, Brantford, ON - 3 of 3
New
11 days on market

Quick Summary

  • Existing legal duplex in turn-key condition
  • Well-maintained units with separate laundry
  • Tenants responsible for utilities, generating income
  • Prime location near downtown, amenities, schools
  • Vacant lot available for expansion to 5 units
  • CMHC financing available for post-construction
  • Opportunity to employ BRRRR investment strategy
  • Substantial revenue potential for investors

Welcome to an exceptional investment opportunity in Brantford! This existing legal duplex is turn-key, with two well-maintained units featuring separate laundry facilities and tenants responsible for utilities. The units are in top condition with market rents, situated near downtown Brantford, this property benefits from its prime... Show More

Welcome to an exceptional investment opportunity in Brantford! This existing legal duplex is turn-key, with two well-maintained units featuring separate laundry facilities and tenants responsible for utilities. The units are in top condition with market rents, situated near downtown Brantford, this property benefits from its prime location near essential amenities, schools, parks, and transportation hubs. Combine this property with the vacant lot beside at 38 Niagara Street for a total of five units upon completion, offering substantial revenue potential. With CMHC financing available post-construction, investors can employ a BRRRR strategy to refinance most of their capital out while still maintaining positive cash flow. Don't miss out on this remarkable opportunity! (id:54626)

Property Details

Size

Sq. Ft. Not Available
8 total rooms across 1 floor
4 Beds
4 Above Grade
2 Baths
2 Full

Parking

2 Parking Spaces
-

Build

Year Built
-
Model Name
-
Basement
Partially finished
Exterior
Brick
Foundation
Poured Concrete
Builder Name
-
Stories
1
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
-

Utilities

Water
Municipal water
Sewer
Sanitary sewer
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Rooms

Kitchen

Kitchen

Living room

Living Room

Bedroom

Bedroom

Bedroom

Bedroom

Kitchen

Kitchen

Living room

Living Room

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
X8323054
Last Updated
May 14, 2024
Brokerage
ROCK STAR REAL ESTATE INC.
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Call us 800-591-0566

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