204 Days on Market

65 St. George St, Brantford, Ontario N3R 1V2

In the same building:
-
$6,995,000
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Condo
-
24
~18298 sqft

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Highlights

Estimated Value$1,387,000*

Price/Sqft$382/sqft

Days On Market204 days

Est. Mortgage$30,041/mth

Tax Amount (2022)$36,993/yr

*Last updated on: 24/05/22

Description

Welcome to this stunning fully renovated 24-unit , six storey apartment building with market rents. This building has been turned over with 21 of the units fully renovated with upgrades including a full electrical upgrade with separately metered hydro in every unit. Ductless spilts providing heat and air-conditioning. Also secondary heat in all rooms with electrical baseboard. All 21 of the renovated units have brand new kitchens and stainless steel appliances. Quartz counter tops, designer backsplash, new flooring , paint, lighting, paint, all new doors and fully renovated bathrooms. the underground garage features a heated driveway, remote entry and rentable spots. All common areas have new flooring, baseboards, lights and security cameras installed throughout. The elevator is frequently maintained and has been completely remodelled inside. Added income with coin operated laundry and over 20 extra storage units built for tenants. Additional annual income form Rogers with cellular towers on top of building. The building is situated on a desirable corner lot, close to hospital, shopping, grocery restaurants, and bus routes. Not only is this an amazing opportunity, the sellers have secured a large assumable (for qualified buyers) CMHC mortgage at 3.75% for 10 years fixed with 40 year amortization. The current process for the CMHC could be up to two years which makes this assumable mortgage very desirable for any buyer. Please contact the listing agent for all info.


Property Details

StyleResidential Income
View-
Age of property1965
SqFt~18298 SqFt
Lot Size19,251 SqFt(157.39 x 122.32)
Parking Spaces24
MLS ®Number40510960
Community NameTerrace Hill
Board NameITSO

Features

Heating: Baseboard, Electric
Cooling: Ductless
Basement: Separate Entrance, Walk-Out Access, Walk-Up Access, Full, Partially Finished

Features

Lot size: 19,251 SqFt
Sewer (Municipal)

Parking

Garage spaces 14

Garage type -

Other parking spaces 10

Total parking spaces 24


6Story
Elevator
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Now
Listed for$6,995,000
204 days on market
history photo preview28
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Property listed by THE REALTY FIRM INC., BROKERAGE, Brokerage
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