135 Sherwood Drive,Brantford, ON N3T 1N8
Brantford, ON N3T 1N8
Description
Fully tenanted 4-plex in the heart of Brantford presents a strong investment opportunity with multiple revenue streams. In addition to the 4 rental units, the property includes a 749 sqft. detached garage generating extra revenue as storage to 1 tenant. The property has a wide 100ft frontage providing for a possible severance zoned to accommodate a semi-detached building. This could possibly create 4 additional units. The garage has its own electricity meter and gas for heat and is also able to finished into another residential unit. The house has 4 rental units: Three 1-bedroom/1-bath and one 2-bedroom+ den/1-bath. The building has Coin-operated laundry facilities and ample parking for tenants having enough room for 20+ vehicles. Gas furnace provides heating while 3 water heaters service the different units. Another key factor of this property is the opportunity to rezone all of it- if you were to demolish the building the zoning would change from the grandfathered residential into commercial. With its combination of residential income and commercial/development potential, this property is a perfect addition to any investment portfolio.
Details
| MLS # | 40854400 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1881 |
| Days On Site | 15 |
| Listing Provided By | Rock Star Real Estate Inc. | Matt James |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 2,731 |
| Garage | 4 |
| Basement | Y |
| Story(s) | 2 |
| Units | 4 |
| Zoning | F-M2, F-M1-16, F-R4A-45, F-RC-40 |
Interior
| Interior Features | Other |
|---|---|
| Cooling | None |
| Cooling Yes / No | No |
| Heating | Forced Air, Natural Gas |
| Heating Yes / No | Yes |
| Laundry Features | Coin Operated |
Exterior
| Lot Features | Irregular Lot, Airport, Ample Parking, Highway Access, Hospital, Park, Public Parking, Public Transit, Schools, Shopping Nearby |
|---|---|
| Construction Materials | Brick |
| Roof | Asphalt Shing |
| Foundation Details | Poured Concrete |
Parking
| Garage Spaces | 4 |
|---|---|
| Parking Features | Detached Garage, Gravel |
| Open Parking Yes / No | Yes |
| Attached Garage Yes / No | No |
Utilities
| Sewer | Sewer (Municipal) |
|---|
Taxes
| Tax Annual Amount | 4865 |
|---|
Area Information
| Province | ON |
|---|---|
| Region | Brantford |
| City | Brantford |
| Postal Code | N3T 1N8 |
| Area | 2067 West Brant |
| Subarea | 2071 Old West Brant |
| Community Name | 2071 Old West Brant |
| Listing VS Median (in 2071 Old West Brant) | |
Price: $689,000 low | high Med: $485,000 sqft: 2,731 low | high Med: 1,016 $ / sqft: $252 low | high Med: $477 On site: 15 low | high Med: 10 | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Brantford |
| City | Brantford |
| Postal Code | N3T 1N8 |
| Area | 2067 West Brant |
| Subarea | 2071 Old West Brant |
| Community Name | 2071 Old West Brant |
| Listing VS Median (in 2071 Old West Brant) | |
Price: $689,000 low | high Med: $485,000 sqft: 2,731 low | high Med: 1,016 $ / sqft: $252 low | high Med: $477 On site: 15 low | high Med: 10 | |
