$699,000
$699,000
For more information regarding the value of a property, please contact us for a free consultation.
106-108 Clarence ST Brantford, ON N3T 2V1
6 Beds
4 Baths
Key Details
Sold Price $699,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 2000-2500
MLS Listing ID X12263257
Sold Date 07/29/25
Style 2-Storey
Bedrooms 6
Annual Tax Amount $3,544
Tax Year 2024
Property Sub-Type Fourplex
Property Description
Investor Alert! Unlock the potential of this fully renovated 4-unit property in Brantford's desirable Terrace Hill neighbourhood. Just minutes to Highway 403 and close to Wilfrid Laurier University, this turnkey multiplex offers excellent rental appeal with two 2 bedroom units and two 1 bedroom units. With three units currently leased and one ready to fill, there's immediate upside and long-term stability. Projected gross income of approximately $70,000 annually provides an ~8% cap rate and makes this a strong addition to any investment portfolio. Don't miss your chance to secure a cash-flowing asset in a high-demand location.
Location
Province ON
County Brantford
Area Brantford
Rooms
Family Room No
Basement Unfinished
Kitchen 4
Separate Den/Office 3
Interior
Interior Features None
Cooling None
Exterior
Parking Features Private
Pool None
Roof Type Unknown
Lot Frontage 43.0
Lot Depth 111.0
Total Parking Spaces 1
Building
Foundation Unknown
Others
Senior Community No
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP