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22-24 Bond Street Brantford, Ontario N3R 4G5

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1097
2 Level, Multi-Unit Window Air Conditioner Forced Air

$2,485,000

Fabulous investment opportunity to own a 10 Unit Townhome Complex. This complex has been condominiumized with 10 separate titles (currently run as rental units). Each unit has 1097 sq ft, Kitchen, Living Room, Dining Room, Powder Room, 3 Bedrooms, a 4 Piece Main bathroom and a Rec Room on lower level. Each unit has a 1 car garage plus a driveway space. All units currently tenanted. Tenant pays utilities. Perfectly located close to parks, Public Transit, Shopping and Brantford General Hospital. Amazing opportunity to renovate and re-rent as tenants turnaround. Projected future rents with cosmetic renovations of $1800 each unit which would result in $78,040 NOI increase resulting in a $2.9M to $3M valuation! Buyer to complete own due diligence with regards to condo status and future use as condos. Building is being run as rental units. Dont miss this great chance to own this outstanding opportunity. (id:35073)

Business

Business Type Residential
Business Sub Type Residential

Property Details

MLS® Number H4064938
Property Type Multi-family
Equipment Type Water Heater
Features Paved Driveway
Parking Space Total 2
Rental Equipment Type Water Heater

Building

Appliances Dryer, Refrigerator, Stove, Washer
Architectural Style 2 Level, Multi-unit
Basement Development Finished
Basement Type Full (finished)
Construction Style Attachment Attached
Cooling Type Window Air Conditioner
Exterior Finish Vinyl Siding
Fire Protection Smoke Detectors
Fireplace Present No
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1097
Type Row / Townhouse
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Irregular 0 X 0
Size Total Text 0 X 0

https://www.realtor.ca/PropertyDetails.aspx?PropertyId=21203443

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