224 Colborne Street W, Brantford

224 Colborne Street W, Brantford, ON N3T1L8 Photo 1

37 Photos

224 Colborne Street W, Brantford, ON N3T1L8 Photo 2
224 Colborne Street W, Brantford, ON N3T1L8 Photo 3
224 Colborne Street W, Brantford, ON N3T1L8 Photo 4
224 Colborne Street W, Brantford, ON N3T1L8 Photo 5
224 Colborne Street W, Brantford, ON N3T1L8 Photo 6
224 Colborne Street W, Brantford, ON N3T1L8 Photo 7
  • Bedrooms: 3
  • Bathrooms: 3
  • Living area: 1345 sqft
  • MLS®: 40581698
  • Added: 15 days ago

Property Details

Welcome to an exciting offering in the extremely popular city of Brantford. This TRIPLEX not only offers 3 units with updated interiors, all with separate hydro meters, and parking for each unit, but it also offers a FOURTH rentable space in the detached workshop. The property itself has been craftily designed, to enhance each units unique livability, giving this building the ability to attach an almost universal audience. There is a main floor unit with no stairs, an upper private unit with a cozy juliet balcony and the last unit offers main floor living with a surprisingly large basement to enjoy as well. ALL THE RENTS ARE MARKET RENTS, yes you read that correct, this building has been flipped in the recent years with modern leases all paying market rents. This building offers a 6.7% CAP RATE. In a time where the comparable properties are still stuck in the 5's. This is a rare chance to own a key turn investment property and start CASH FLOWING TODAY, EVEN WITH A MORTGAGE. (id:1945)

Property Information

  • Sewer: Municipal sewage system
  • Cooling: None
  • Heating: Radiant heat, Natural gas
  • List AOR: Brantford
  • Stories: 2
  • Basement: Finished, Partial
  • Year Built: 1880
  • Directions: Colborne Street to 224 Colborne
  • Living Area: 1345
  • Lot Features: Paved driveway, Automatic Garage Door Opener
  • Photos Count: 37
  • Water Source: Municipal water
  • Parking Total: 6
  • Bedrooms Total: 3
  • Structure Type: Triplex
  • Common Interest: Freehold
  • Parking Features: Detached Garage
  • Street Dir Suffix: West
  • Subdivision Name: 2071 - Old West Brant
  • Tax Annual Amount: 3302
  • Exterior Features: Brick
  • Community Features: Quiet Area, High Traffic Area, School Bus
  • Foundation Details: Stone
  • Zoning Description: RC
  • Number Of Units Total: 4
  • Map Coordinate Verified YN: true
This listing content provided by REALTOR.ca has been licensed by REALTOR®
members of The Canadian Real Estate Association
Nearby Cities Listings Avg. price
Whitby Homes for Sale 484 $1.329.209
Oshawa Homes for Sale 735 $1.025.092
Ajax Homes for Sale 330 $1.055.183
Aurora Homes for Sale 318 $1.929.823
Pickering Homes for Sale 421 $1.344.747
Clarington Homes for Sale 459 $1.270.272
Uxbridge Homes for Sale 126 $1.723.060
Scugog Homes for Sale 167 $1.373.551
Popular Cities Listings Avg. price
Markham Homes for Sale 976 $1.263.566
Vaughan Homes for Sale 1438 $1.646.492
Other Homes for Sale 1399 $992.472
Cobourg Homes for Sale 302 $868.737
Richmond Hill Homes for Sale 891 $1.711.145
Toronto Homes for Sale 12617 $1.211.659
Newmarket Homes for Sale 301 $1.428.188
Georgina Homes for Sale 436 $1.238.550
48 St Patricks Drive, Brantford 6 Beckett Drive Unit 9, Brantford 29 Gaydon Way, Brantford 34 Winter Way, Brantford 4 Oakhill Drive Unit B, Brantford 30 Gaydon Way, Brantford 77 Diana Avenue Unit 84, Brantford 12 Winter Way, Brantford