Legal triplex in Brantford offered at $659,000 with a strong 6.7% cap rate. Excellent income profile with projected annual income of $57,654.72 and net income of $44,284.74. Ideal opportunity for investors seeking solid cash flow with quality tenants already in place. Garage income projected at $300 per month adds further upside potential. Extensive capital improvements have been completed. In 2021 Unit 1 underwent a full renovation including a modern kitchen with new flooring, cabinetry, stainless steel appliances, and quartz countertops. The bathroom was fully updated with new flooring, toilet, reglazed tub, tiled surround, and new plumbing fixtures. Six new windows were installed and electrical wiring was updated with a new panel. The laundry room was fully upgraded in 2021 with new wiring, plumbing for a laundry sink, new appliances, new doors, new window, and a newly enclosed basement entry. In 2023 all four electrical meters were replaced and relocated. In 2024 Unit 3 received a full bathroom renovation with new flooring, toilet, vanity, and shower enclosure. Additional upgrades included new flooring throughout the kitchen and living room, fresh paint, new light fixtures, and updated kitchen appliances, countertop, sink, and faucet. Unit 2 received a new refrigerator and new bathroom window in 2024. Well maintained building with strong mechanical updates and continued care. Prime location close to amenities, transit, and major routes. Turnkey multi residential investment with stable income and future growth potential.
Details
X12835650
Detached/3
$659,999
Tenant
None
3 + 3
2 1/2 Storey
5
3
2000-2500 Sqft
4502.54 N/A
N/A
Triplex
Sale
Additional details
Radiant / Other
RC
$3857.91
2025
PT LT 35 N/S NELSON ST PL CITY OF BRANTFORD, SEPTEMBER 7, 1892 BRANTFORD CITY PT 2 2R8844; CITY OF BRANTFORD
N/A
N
4502.54
Partial Basement,Partially Finished
None
Hospital,Place Of Worship,School
Municipal
Rooms
Kitchen
Main Level
2.97 x 2.67
Living Room
Main Level
4.22 x 3.35
Bedroom
Main Level
3.2 x 3.61
Bathroom
Main Level
2.97 x 2.41
Other
Main Level
4.27 x 2.67
Kitchen
Second Level
3.71 x 4.37
Living Room
Second Level
4.85 x 4.19
Primary Bedroom
Second Level
2.77 x 4.11
Bedroom
Second Level
3.1 x 3
Bathroom
Second Level
2.08 x 1.34
Kitchen
Third Level
2.46 x 2.11
Living Room
Third Level
3.302 x 4.01
Family Room
Third Level
4.01 x 4.29
Bedroom
Third Level
1.75 x 3.86
Bathroom
Third Level
2.46 x 1.96
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FAQ
What is the total square footage of the X12835650 - 220 Nelson Street, Brantford, ON N3S 4C1?
The total square footage of this property is 2000-2500 SqFt.
What schools near to X12835650 - 220 Nelson Street, Brantford, ON N3S 4C1?