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02525

MLS® X13709336

  • Property Details
  • Map

Description

Rare opportunity to acquire a well-maintained 25-unit multi-residential apartment building on approximately 0.83 acres in Brantford. The property consists of 24 one-bedroom suites plus one one-bedroom + den, with 16 of the 25 units fully renovated since 2020, including updated appliances, fixtures and plumbing. Current residential rents total approximately $31, 545/month ($378, 540/year), with approximately $35, 472 in identified annual rental upside as below-market units turn over. Additional laundry income is approximately $4, 000/year. All suites are individually metered for electricity and water, creating further operating efficiency as legacy tenancies turn over. Major capital improvements include a TPO roof installed in 2016 and inspected in 2025, upgraded electrical panels, suite metering, water shut-off valves, a fire alarm panel replaced in 2024, and a remote-viewing security system. The property includes owned refrigerators and stoves for all 25 suites, two owned commercial hot water tanks, laundry equipment and other building equipment. Strong opportunity for investors seeking stable existing income with meaningful long-term rental and operational upside. Buyer to verify all measurements, zoning, income, expenses and property information. (id:58753)Show Description

Key Facts

Type Multi Family
Levels Residential Income
Size 34848 sqft
Taxes $38,494
Days Active 18
Avg. Price Per Sqft $143
MLS® Number X13709336
Central VacNo
FireplaceNo
HeatBaseboard heaters
A/CNone

Additional Information

Landscaping Irregular lot size

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
9 Linden Ave, Brantford, ON

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