x
Showing 1 of 0
X
Save

224 COLBORNE Street W
Brantford Ontario N3T1L8 Canada

$849,900

Active Listing ID 40671325
bed icon
3 bed
rule icon
1,345 square feet
bath icon
3.00 Bath
home icon
Multi-family

$849,900

Active Listing ID 40671325
Save

224 COLBORNE Street W **NEW BRANTFORD CITY INTENSIFICATION CORRIDOR ZONING - COMMERCIAL USES ALLOWED** 7.1% CAP RATE - 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 7.1% 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:203)

Collapse all

Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: None
  • Exterior Finish: Brick
  • Heating Systems: Radiant heat, Natural gas
Listing Changed: 12/9/2024 5:20:22 AM GMT
Source Updated Date: 3/14/2025 11:50:43 PM GMT

Courtesy of: Brendon Aasla, Salesperson, Re/Max Twin City Realty Inc.