254 Brant Avenue Brantford, Ontario N3T 3J5
$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, $750.00, $1450.00. Gross income $73,908.00, 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:59646)
Property Details
| MLS® Number | 40654678 |
| Property Type | Office |
| Neigbourhood | Holmedale |
| Community Features | High Traffic Area |
Building
| Basement Type | Partial |
| Constructed Date | 1855 |
| Exterior Finish | Brick |
| Stories Total | 2 |
| Size Exterior | 3644.0000 |
| Size Interior | 3644 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Frontage | 68 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | C4 |
https://www.realtor.ca/real-estate/27595063/254-brant-avenue-brantford
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October 30 2024 12:13:39
Brantford Regional Real Estate Assn Inc
Royal LePage Action Realty
