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254 Brant Avenue Brantford, Ontario N3T 3J5

3644 sqft

$1,100,000

Attention investors. Welcome to 254 Brant Ave. Featuring, an all brick building with 3467 sq. ft. of finished space. 2 separate ground floor commercial units (1 Lease), each unit has a 2 piece washroom, and shareable common lunchroom. Gross monthly rent $3109. Upstairs, three updated 1 bedroom, 1 bathroom apartments. Monthly rent $850.00, $1000.00, $1435.00. Gross income $76,728.00. Expenses: Gas $3044.49, hydro $3106.33 water $926.32, building insurance $1894.00 Property taxes $7189.00. Total expenses $16,160.14. net operating income $57,747.86. Cap rate of 5.2% Beautifully maintained, fully rented, mixed use commercial building located on one of Brantford's main arterial roads. Commercial unit has separate entrances on the back and the side. Paved parking with 7 spaces. Long term, excellent tenants provide a steady stream of income and make this a great investment. This building is in pristine condition and would make an excellent addition your property portfolio. (id:19593)

Property Details

MLS® Number 40654678
Property Type Office
CommunityFeatures High Traffic Area

Building

BasementType Partial
ConstructedDate 1855
ExteriorFinish Brick
StoriesTotal 2
SizeExterior 3644.0000
SizeInterior 3644 Sqft
UtilityWater Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
SizeFrontage 68 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription C4

https://www.realtor.ca/real-estate/27595063/254-brant-avenue-brantford


Lance Calbeck
Salesperson

(226) 208-7448
(519) 753-1603
Royal LePage Action Realty
766 Colborne Street East
Brantford, Ontario N3S 3S1

(519) 753-7311
(519) 753-1603
www.royallepage.ca/actionrealty

William Austin
Salesperson

(519) 865-8359
(519) 753-1603
Royal LePage Action Realty
766 Colborne Street East
Brantford, Ontario N3S 3S1

(519) 753-7311
(519) 753-1603
www.royallepage.ca/actionrealty

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