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220 Nelson Street Brantford, Ontario N3S 4C1

5 Bedroom 3 Bathroom 2000 - 2500 sqft
None Radiant Heat

$659,999

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. (id:60365)

Property Details

MLS® Number X12835650
Property Type Multi-family
AmenitiesNearBy Hospital, Place Of Worship, Schools
ParkingSpaceTotal 5

Building

BathroomTotal 3
BedroomsAboveGround 5
BedroomsTotal 5
Appliances Microwave
BasementDevelopment Partially Finished
BasementType Partial (partially Finished)
CoolingType None
ExteriorFinish Brick
FoundationType Stone
HeatingFuel Other
HeatingType Radiant Heat
StoriesTotal 3
SizeInterior 2000 - 2500 Sqft
Type Triplex
UtilityWater Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
LandAmenities Hospital, Place Of Worship, Schools
Sewer Sanitary Sewer
SizeDepth 95 Ft ,1 In
SizeFrontage 43 Ft ,7 In
SizeIrregular 43.6 X 95.1 Ft
SizeTotalText 43.6 X 95.1 Ft
ZoningDescription Rc

Rooms

Level Type Dimensions
Second Level Kitchen 4.37 m x 3.71 m
Second Level Living Room 4.19 m x 4.85 m
Second Level Primary Bedroom 4.11 m x 2.77 m
Second Level Bedroom 3 m x 3.1 m
Second Level Bathroom 1.34 m x 2.08 m
Third Level Kitchen 2.11 m x 2.46 m
Third Level Living Room 4.01 m x 3.302 m
Third Level Family Room 4.29 m x 4.01 m
Third Level Bedroom 3.86 m x 1.75 m
Third Level Bathroom 1.96 m x 2.46 m
Main Level Kitchen 2.67 m x 2.97 m
Main Level Living Room 3.35 m x 4.22 m
Main Level Bedroom 3.61 m x 3.2 m
Main Level Bathroom 2.41 m x 2.97 m
Main Level Other 2.67 m x 4.27 m

https://www.realtor.ca/real-estate/29416673/220-nelson-street-brantford

Michael Lefebvre
Salesperson


Century 21 Heritage House Ltd
505 Park Road N Unit 216a
Brantford, Ontario N3R 7K8

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