ON
Brantford
N3T1L8
224 COLBORNE Street W
224 COLBORNE Street W, Brantford, ON N3T1L8
Listing Type
multi family
Listing Status
active
37
$849,900

Home Details for 224 COLBORNE Street W

Price
$849,900
Type
Multi-family
Bedrooms
3
Bathrooms
3.0
Square feet
1345
Year built
1880
Lot size acres
under 1/2 acre
Parking
Detached Garage
Basement
Partial (Finished)
Days on site
33
Listing #
40671325_27603896
Listing courtesy: Re/Max Twin City Realty Inc.
Property Description

**7.1% CAP RATE** Welcome to an exciting offering in the extremely popular city of Brantford. This TRIPLEX not only offers 3 units with updated interiors, all with separate hydro meters, and parking for each unit, but it also offers a FOURTH rentable space in the detached workshop. The property itself has been craftily designed, to enhance each units unique livability, giving this building the ability to attach an almost universal audience. There is a main floor unit with no stairs, an upper private unit with a cozy juliet balcony and the last unit offers main floor living with a surprisingly large basement to enjoy as well. ALL THE RENTS ARE MARKET RENTS, yes you read that correct, this building has been flipped in the recent years with modern leases all paying market rents. This building offers a 7.1% CAP RATE. In a time where the comparable properties are still stuck in the 5's. This is a rare chance to own a key turn investment property and start CASH FLOWING TODAY, EVEN WITH A MORTGAGE. (id:1184)

Property Features
  • House Interior
    • Paved driveway
    • Automatic Garage Door Opener
  • Cooling Information
    • None
  • Heating Information
    • Radiant heat
  • Parking
    • Detached Garage
  • Basement
    • Partial (Finished)
  • Fire Place
    • False
Canadian Real Estate Association logoThe trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by and identify the quality of services provided by REALTORS®. Used under license. This information contained on this site is based in whole or in part on listing content from The Canadian Real Estate Association, which assumes no responsibility for its accuracy. This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Canadian Real Estate Association.
EXIT REALTY PEI
41 MacLeod Crescent, Charlottetown, PE C1E 3K2
Steve Yoston
Franchisee
Office
902 892 7653
Agent
902 393 3868
Request more details
Code: