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Home ON Greater Brantford Brantford Echo Place
415 CHATHAM Street
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415 CHATHAM Street $934,900
$934,900
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415 CHATHAM Street
Brantford, Ontario N3S4J4

MLS® Number: 40605824
6
Bedrooms
3
Bathrooms
2604
Square Feet

Listing Description

CALLING ALL INVESTORS - An exceptional investment opportunity awaits you at 415 Chatham Street, Brantford. This triplex currently offers a yearly rental income of $72,600, with a potential cap rate of 3.41%!! With three fully occupied units, each comprising 2 bedrooms and 1 full bathroom, this property promises both immediate cash flow, currently over $2400/month (with the potential for more) and long-term value appreciation. This building is fully legal and permitted with all headaches taken care of. Updates include a newer roof, windows, all units freshly painted and updated, some plumbing and wiring also updated. A minor variance was done for parking, giving each unit its own exclusive parking space. The main and upper unit both have their own separate panel and the lower unit is wired for separate metering. You don’t want to miss out on adding this fantastic turnkey triplex to your portfolio. Check out the feature sheet for a full list of upgrades. (67656230)

Location Description

Colborne St E to Second Ave to Chatham St

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2
Square Footage
2604 sqft
Subdivision Name
2050 - Echo Place
Title
Freehold
Land Size
under 1/2 acre
Built in
1965
Annual Property Taxes
$3,475.57
Total Parking Spaces
5
Time on REALTOR.ca
14 days

Building

Bathrooms
Total
3
Interior Features
Basement Type
Full (Finished)
Building Features
Foundation Type
Brick
Structures
Shed
Total Units
3
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters, Radiant heat
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
Quiet Area
Amenities Nearby
Park, Schools, Shopping
Parking
Total Parking Spaces
5

Measurements

Square Footage
2604 sqft
Above Grade Finished
1736 sqft
Source: Other
Below Grade Finished
868 sqft
Source: Other

Land

Lot Features
Fencing
Fence
Frontage
50 ft
Land Depth
126 ft
Other Property Information
Zoning Description
R1C
Data provided by: Brantford Regional Real Estate Assn Inc 106 George Street, Brantford, Ontario N3T 2Y4

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