152 Terrace Hill Street, Brantford | Image 1

152 Terrace Hill Street

Brantford

  • Commercial

$1,150,000
For Sale

Added 3 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: RC,OS1

  • Age: 100+ years

  • Taxes: 4085

  • MLS®#: X9258096

  • Added: Aug 16, 2024 (3 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: EXP REALTY

RENOVATED FOURPLEX on DEEP LOT & DETACHED 2.5 CAR GARAGE. Market Rents with 6% Cap rate. Tenants pay Heat & Hydro,Landlord pays water only. NEW Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Turnoverswould simply be a clean and fresh paint. Approx $220k in upgrades. Welcome to 152 Terrace Hill Street, North Ward, Brantford. This property,meticulously renovated, offers a lucrative investment opportunity. With potential for a 5th unit addition and existing plans, it features 3-1 bedroom and 1-2bedroom units, each self-contained with tenants handling expenses except water, ensuring robust cash flow. Recent upgrades include individual hotwater tanks, heating systems, stainless steel appliances, washers/dryers, and basement waterproofing. A detached 2-1/2 car garage adds rentalpotential. Ideal for savvy investors seeking a turnkey property in a thriving rental market. Situated near hospitals, schools, university, shopping, parks, andbus routes, plus easy access to HWY 403, ideal for commuters.

Extras

Situated near hospitals, schools, university, shopping, parks, and bus routes, plus easy access to HWY 403,ideal for commuters.

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 100+

  • Area: Brantford

  • Availability Date: Flexible

  • Assessment Amount: $295,000

  • Assessment Year: 2023

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Other

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Single Detached

Fees

  • Tax Year: 2023

  • Taxes: $4,085

  • Taxes Type: T.M.I.

Land

  • Cross Street: West St/Terrace Hill

  • Municipality District: Brantford

  • Parcel Number: 321610137

  • Lot Depth: 188.08 Feet

  • Lot Frontage: 41.72 Feet

  • Zoning: RC,OS1

Commercial Specific

  • Sprinklers: N

  • Total Area: 2115

  • Total Area Metric: Sq Ft

  • Franchise: N

  • Lot Code: Unit

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Somewhat Walkable

  • Some errands can be accomplished on foot.
59 /100

Somewhat Bikeable

  • Most errands require a car.
42 /100
Map of 152 Terrace Hill Street, Brantford
JK-8

Christ the King School

Elementary: Catholic
0.96 km
JK-8

Graham Bell-Victoria Public School

Elementary: Public
0.37 km
JK-8

Central Public School

Elementary: Public
1.03 km
JK-8

Grandview Public School

Elementary: Public
0.73 km
JK-8

St. Pius X Catholic Elementary School

Elementary: Catholic
1.56 km
JK-8

Dufferin Public School

Elementary: Public
1.13 km
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St. Mary Catholic Learning Centre

Secondary: Catholic
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Grand Erie Learning Alternatives

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Tollgate Technological Skills Centre Secondary School

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St John's College

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1.70 km
9-12

North Park Collegiate and Vocational School

Secondary: Public
2.11 km
9-12

Brantford Collegiate Institute and Vocational School

Secondary: Public
0.87 km

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