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152 Terrace Hill St

4 Unit Block of Flats £634,805 (£158,701/Unit) 6% Net Initial Yield Brantford, ON N3R 1G6

Block of Flats Ontario Brantford 152 Terrace Hill St, Brantford, ON N3R 1G6

Executive Summary

RENOVATED FOURPLEX on DEEP LOT & DETACHED 2.5 CAR GARAGE. Market Rents with 6% Cap rate. Tenants pay Heat & Hydro, Landlord pays water only. NEW Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Turnovers would simply be a clean and fresh paint. Approx $220k in upgrades. Welcome to 152 Terrace Hill Street, North Ward, Brantford. This property, meticulously renovated, offers a lucrative investment opportunity. With potential for a 5th unit addition and existing plans, it features 3-1 bedroom and 1-2 bedroom units, each self-contained with tenants handling expenses except water, ensuring robust cash flow. Recent upgrades include individual hot water tanks, heating systems, stainless steel appliances, washers/dryers, and basement waterproofing. A detached 2-1/2 car garage adds rental potential. Ideal for savvy investors seeking a turnkey property in a thriving rental market. Situated near hospitals, schools, university, shopping, parks, and bus routes, plus easy access to HWY 403, ideal for commuters.

Property Facts

Price £634,805 Apartment Style Townhome
Price Per Unit £158,701 Building Class C
Sale Type Investment Lot Size 0.15 AC
Net Initial Yield 6% Building Size 2,115 SF
No. Units 4 Number of Floors 2
Property Type Residential Year Built 1890
Property Subtype Apartment Parking Ratio 2.84/1,000 SF
Price £634,805
Price Per Unit £158,701
Sale Type Investment
Net Initial Yield 6%
No. Units 4
Property Type Residential
Property Subtype Apartment
Apartment Style Townhome
Building Class C
Lot Size 0.15 AC
Building Size 2,115 SF
Number of Floors 2
Year Built 1890
Parking Ratio 2.84/1,000 SF

Unit Amenities

  • Air Conditioning
  • Heating
  • Refrigerator
  • Oven
  • Tub/Shower
  • Yard

Site Amenities

  • Smoke Free
  • Smoke Detector
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Walk Score ®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores
(866) 530-7737

Contact

  • Listing ID: 33351846

  • Date on Market: 30/09/2024

  • Last Updated:

  • Address: 152 Terrace Hill St, Brantford, ON N3R 1G6

The Residential Property at 152 Terrace Hill St, Brantford, ON N3R 1G6 is currently available for sale. Contact eXp Realty, Inc. Brokerage for more information.

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152 Terrace Hill St
(866) 530-7737 x

152 Terrace Hill St

Jake Nicolle

(866) 530-7737

(866) 530-7737

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