254 Brant Avenue Brantford, Ontario N3T 3J5
$999,900
Attention investors. Welcome to 254 Brant Ave, featuring an all brick building with 3467 sq. ft. of finished space. 2 separate ground floor commercial units (1 lease). Each unit has a 2 piece washroom, and shareable common lunchroom. Gross monthly rent $3109.00. Upstairs, three updated 1 bedroom apartments. Monthly rent $850.00, $1000.00, $1435.00. Gross monthly income $76,728.00. Expenses: Gas $3044.49, hydro $3106.33, water $926.32, building insurance $1894.00, property taxes $7189.00. Total expenses $16,160.14. Net operating income $60,567.86. Cap rate 6.1%. Beautifully maintained, fully leased mixed use commercial building located on one of Brantford's main arterial roads. Commercial unit has separate entrances in the rear and on the side. Paved parking with 7 spaces. Long term, excellent tenants provide a steady income stream and make this a great investment. This building is in pristine condition and would make an excellent addition to your property portfolio. (id:42029)
Property Details
| MLS® Number | 40714402 |
| Property Type | Multi-family |
| AmenitiesNearBy | Hospital |
| CommunityFeatures | High Traffic Area |
| EquipmentType | Water Heater |
| Features | Paved Driveway |
| ParkingSpaceTotal | 7 |
| RentalEquipmentType | Water Heater |
Building
| Appliances | Window Coverings |
| BasementDevelopment | Unfinished |
| BasementType | Partial (unfinished) |
| ConstructionMaterial | Concrete Block, Concrete Walls |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick, Concrete |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 3467 Sqft |
| Type | Fourplex |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Hospital |
| Sewer | Municipal Sewage System |
| SizeFrontage | 70 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | C4 |
https://www.realtor.ca/real-estate/28132907/254-brant-avenue-brantford
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Contact us for more information
Lance Calbeck
Salesperson
766 Colborne Street East
Brantford, Ontario N3S 3S1
William Austin
Salesperson
766 Colborne Street East
Brantford, Ontario N3S 3S1
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April 07 2025 10:03:41
Brantford Regional Real Estate Assn Inc
Royal LePage Action Realty