Added 3 weeks ago
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Type: Detached
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Style: Bungalow
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Lot Size: 40.87 x 89 Feet
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Age: 100+ years
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Taxes: $2,576 per year
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Added: Apr 03, 2024 (3 weeks ago)
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Updated:
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Last Checked: 3 hours ago
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MLS®#: X8200910
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Listed By: Rock star real estate inc.
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 X8200908 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!
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Property
Status: Sale
Property Type: Detached
Style: Bungalow
Age: 100+
Area: Brantford
Availability Date: Flexible
Inside
Bedrooms: 4
Bathrooms: 2
Kitchens: 2
Rooms: 8
Den/Family Room: No
Air Conditioning: None
Fireplace: No
Washrooms: 2
Building
Basement: Full
Basement 2: Part Fin
Heat Type: Forced Air
Heat Source: Gas
Exterior: Brick
Water Supply: Municipal
Special Designation: Unknown
Parking
Driveway: Private
Garage Type: None
Covered Parking Spaces: 2
Total Parking Spaces: 2
Fees
Tax Year: 2024
Tax Legal Description: PT LTS 9 & 10, BEING PART 2 ON PLAN 2R-8864; W/S NIAGARA ST, PL
Taxes: $2,576
Land
Cross Street: Usher St.
Municipality District: Brantford
Fronting On: West
Parcel Number: 321610105
Pool: None
Sewer: Sewers
Lot Depth: 89 Feet
Lot Frontage: 40.87 Feet
Acres: < .50
Zoning: RC
Rooms
Room details for 40 Niagara Street, Brantford
| Type | Dimensions | Description |
|---|---|---|
| Kitchen Main | - | |
| Living Main | - | |
| Br Main | - | |
| Br Main | - | |
| Kitchen Main | - | |
| Living Main | - | |
| Br Main | - | |
| Br Main | - |
Very Walkable
- Most errands can be accomplished on foot.
Somewhat Bikeable
- Most errands require a car.
Christ the King School
Elementary: CatholicGraham Bell-Victoria Public School
Elementary: PublicCentral Public School
Elementary: PublicGrandview Public School
Elementary: PublicSt. Pius X Catholic Elementary School
Elementary: CatholicDufferin Public School
Elementary: PublicSt. Mary Catholic Learning Centre
Secondary: CatholicGrand Erie Learning Alternatives
Secondary: PublicTollgate Technological Skills Centre Secondary School
Secondary: PublicSt John's College
Secondary: CatholicNorth Park Collegiate and Vocational School
Secondary: PublicBrantford Collegiate Institute and Vocational School
Secondary: Public-
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