106-108 Clarence Street Brantford, Ontario N3T 2V1
$699,000
Investor Alert! Unlock the potential of this fully renovated 4-unit property in Brantford's desirable Terrace Hill neighbourhood. Just minutes to Highway 403 and close to Wilfrid Laurier University, this turnkey multiplex offers excellent rental appeal with two 2 bedroom units and two 1 bedroom units. With three units currently leased and one ready to fill, there's immediate upside and long-term stability. Projected gross income of approximately $70,000 annually provides an ~8% cap rate and makes this a strong addition to any investment portfolio. Don't miss your chance to secure a cash-flowing asset in a high-demand location. (id:60626)
Property Details
| MLS® Number | X12263257 |
| Property Type | Multi-family |
| Parking Space Total | 1 |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 3 |
| Bedrooms Total | 6 |
| Appliances | Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Exterior Finish | Brick |
| Foundation Type | Unknown |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2,000 - 2,500 Ft2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 111 Ft |
| Size Frontage | 43 Ft |
| Size Irregular | 43 X 111 Ft |
| Size Total Text | 43 X 111 Ft |
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July 11 2025 09:12:09
Toronto Regional Real Estate Board
Real Broker Ontario Ltd., Century 21 United Realty Inc.
