A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for 44 Mary St, Brantford Ontario N3S 3B1
68 days on Market

44 Mary St, Brantford, Ontario N3S 3B1

Other
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$1,049,900
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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$4,509/mo

Tax Amount (2023)$4,597/yr

Days On Market68 days


Description

$81,000 in Rental Income. Market Rents with 7% Cap-Rate. RENOVATED FOURPLEX on DOUBLE LOT with TONS of UPDATES. Tenants pay Heat, Hydro & Water. UPDATED Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Approx $300k in upgrades. Turnovers would simply be a clean and fresh paint. All units re-rented to highly vetted tenants with no legacy tenants. Introducing a prime investment opportunity located at the corner of Mary and Peel: a brick 4-plex boasting an extra-large lot for potential expansion. While it may not be suitable for severance, there's room for growth, possibly transforming it into a 7-plex . Don't miss out on this investment opportunity with potential for growth and increased profitability. **EXTRAS** Located in a well-established neighborhood, residents benefit from proximity to local amenities such as shops, restaurants, and parks, fostering a convenient and comfortable lifestyle.


Property Details

StyleApartment
View-
Age of property-
SqFt-
Lot Size5,888 SqFt(64 x 92)
Parking Spaces-
MLS ®NumberX11895252
Community NameEast Ward
Data SourceTRREB
Listing byEXP REALTY

Features

Heating: Elec Forced Air
Cooling: Y
Basement: Y

Features

Lot size: 5,888 SqFt

Property listed by EXP REALTY, Brokerage
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Population and Demographics

Overview

Total population 8202
Average household income $81,869

Age (%)

20 to 34
26%
50 to 64
21%
0 to 19
20%
35 to 49
18%
65 and plus
14%

Household composition (%)

Single family
53%
Single person
39%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
92%
Others
5%
French
1%

House tenancy (%)

Renters
52%
Owners
48%

Schools and amenities

Estimated Budget