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$1,150,000
Available - For Sale
Listing ID: X11895365
RENOVATED FOURPLEX on DEEP LOT & DETACHED 2.5 CAR GARAGE. Market Rents with 6% Cap rate. Tenants pay Heat & Hydro, Landlord pays water only. NEW Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Turnovers would simply be a clean and fresh paint. Approx $220k in upgrades. Welcome to 152 Terrace Hill Street, North Ward, Brantford. This property, meticulously renovated, offers a lucrative investment opportunity. With potential for a 5th unit addition and existing plans, it features 3-1 bedroom and 1-2 bedroom units, each self-contained with tenants handling expenses except water, ensuring robust cash flow. Recent upgrades include individual hot water tanks, heating systems, stainless steel appliances, washers/dryers, and basement waterproofing. A detached 2-1/2 car garage adds rental potential. Ideal for savvy investors seeking a turnkey property in a thriving rental market. Situated near hospitals, schools, university, shopping, parks, and bus routes, plus easy access to HWY 403, ideal for commuters. **EXTRAS** Situated near hospitals, schools, university, shopping, parks, and bus routes, plus easy access to HWY 403, ideal for commuters.
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $57,500 $115,000 $172,500 $230,000
First Mortgage $1,092,500 $1,035,000 $977,500 $920,000
CMHC/GE $30,043.75 $20,700 $17,106.25 $0
Total Financing $1,122,543.75 $1,055,700 $994,606.25 $920,000
Monthly P&I $4,807.77 $4,521.48 $4,259.82 $3,940.29
Expenses $0 $0 $0 $0
Total Payment $4,807.77 $4,521.48 $4,259.82 $3,940.29
Income Required $180,291.29 $169,555.55 $159,743.3 $147,760.83

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
EXP REALTY

152 TERRACE HILL Stre , Brantford, N3R 1G6, Brantford

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Fourplex
Area: Brantford
Municipality: Brantford
Neighbourhood: Dufferin Grove
Style: 2-Storey
Lot Size: x 188.08(Feet)
Approximate Age: 100+
Tax: $4,085
Maintenance Fee: $0
Beds: 4
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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