This exceptional income-generating property brings in over $46,000 per year and offers a fantastic turnkey investment opportunity. Legally designated as a duplex, this cash-flowing property is situated in the heart of downtown Brantford, just a short walk from the casino and a variety of amenities, including Wilfrid Laurier University and Conestoga College campuses. Designed for convenience, the property features dedicated parking for each unit, accommodating up to four vehicles. A durable, low-maintenance metal roof adds to the long-term value. Each unit is separately metered for water and hydro, ensuring easy utility management. Currently, the lower unit is vacant, allowing for immediate possession or the opportunity to set a new rental rate. The upper unit is already rented at $2,000 per month, while the lower unit has the potential to bring in $1,850, both plus utilities. Additionally, there is the possibility of adding an auxiliary unit to further maximize cash flow. This is a rare opportunity to invest in a high-yield property in a prime location! Book you showing today!
MLS# | 40694441 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1885 |
Days On Site | 14 |
Listing Provided By | Pay It Forward Realty | Sarah Szabo |
Bed(s) | 5 |
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Bath(s) | 2 |
SQ Feet | 1,864 |
Basement | Y |
Story(s) | 2 |
Units | 2 |
Zoning | F-RC |
State | ON |
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County | Brantford |
City | Brantford |
Zip Code | N3S 1Y9 |
Area | 2084 Eagle Place |
Subarea | 2085 Eagle Place West |
Community Name | 2085 Eagle Place West |
Listing VS Median (in 2085 Eagle Place West) | |
Price: $579,900 low | high Med: $499,450 SqFt: 1,864 low | high Med: 1,051 $ / SqFt: $311 low | high Med: $545 On Site: 14 low | high Med: 28.000000 |