Address
261 ELGIN Street Brantford, ON
Price
$ 1,249,000
Property Attributes
  • ID#40257801
  • TypeMulti-Family
  • CityBrantford
  • AreaBrantford Region
  • NeighbourhoodEast Ward
  • Postal CodeN3S 5A8
  • Style
  • Price$ 1,249,000
  • Bedrooms11
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4302
Listing Provided Courtesy Of:
Kahlil Raghunan with Re/Max Twin City Realty Inc
Data Source:
RLP - CREA EN
Property Description

Great solid purpose built 4 Plex right in front of the Arrowdale Golf Course in Brantford. Centrally located with 5 Mins to HWY 403, Major shopping Mall nearby, bus routes, schools, and 6 mins to Laurier University. Currently has 1 -3 Bed unit, 2 -2 Bed Units and 1 apartment with 4 rooms (like bachelor units - 3 of 4 currently vacant with 4th unit moving out soon) with full bathrooms in each unit, common kitchen, common bathroom and common living room. Upgrades include 4 Separate Hydro meters, many newer windows and much more. Additionally, there is a vacant large attached garage with office. Great potential in the basement to develop into additional units or coin laundry or storage. Sky is the limit! Buyer to do own due diligence on future uses. This is a money maker with great future potential. Current gross income is over $82k per year with under market rents. Schedule your viewing today! GROSS RENTAL INCOME: $82,800 TAXES: $4,387.77 INSURANCE: $2000. EXPENSES: $12,387.77

General Features

Beds 11
Parking Spaces 8

Interior Features

Bedrooms 11

Exterior Features

Lot Frontage 57.00
Jumpid 17586176
Mls 40257801

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in N3S 5A8

Price
AVG $1.25M
$1.25M
Year Built
AVG 1950
1950

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