224 Colborne Street W

Brantford

224 Colborne Street W
224 Colborne Street W
224 Colborne Street W
+34
3
 bed
3
 bath
6
 parking
1345 - 1345
 sqft
Triplex
$849,900
Instant Estimate Not Available
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$849,900
Instant Estimate Not Available
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Size
-
Lot size
575.81 sqm
Street frontage
-
Possession
-
Price per sqm
$6,799
Taxes
$3,302 (2024)
Parking Type
Detached Garage
Style
-
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Description
**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.
Broker: Re/Max Twin City Realty Inc.
MLS®#: 40671325
Property details
Parking:
6
Parking type:
Detached Garage
Property type:
Triplex
Heating type:
Natural Ga
Style:
-
MLS Size:
125 sqm
Lot front:
11.89 M
Lot depth:
47.24 M
Listed on:
Oct 31, 2024
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Instant estimate:
Not Available

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Kristina Kagramanyan
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: 40671325
Listed by Re/Max Twin City Realty Inc.

About 224 Colborne Street W

224 Colborne Street W is a Brantford triplex for sale. It was listed at $849900 in October 2024 and has 3 beds and 3 bathrooms.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this triplex.

Getting around the area will require a vehicle, as there are no nearby transit stops.

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