Overview
- Updated On:
- February 3, 2025
- 5 Bedrooms
- 2 Bathrooms
- 1,864 ft2
Description
This exceptional income-generating property brings in over $46,000 per year and offers a fantastic turnkey investment opportunity. Legally designated as a duplex, this cash-flowing property is situated in the heart of downtown Brantford, just a short walk from the casino and a variety of amenities, including Wilfrid Laurier University and Conestoga College campuses. Designed for convenience, the property features dedicated parking for each unit, accommodating up to four vehicles. A durable, low-maintenance metal roof adds to the long-term value. Each unit is separately metered for water and hydro, ensuring easy utility management. Currently, the lower unit is vacant, allowing for immediate possession or the opportunity to set a new rental rate. The upper unit is already rented at $2,000 per month, while the lower unit has the potential to bring in $1,850, both plus utilities. Additionally, there is the possibility of adding an auxiliary unit to further maximize cash flow. This is a rare opportunity to invest in a high-yield property in a prime location! Book you showing today!
- Principal and Interest
- Property Tax
- HOA fee