This is a purpose-built fourplex — three 2-bedroom units and one 3-bedroom — on a large lot in Eagle Place with rear parking for eight vehicles. The building is fully tenanted, each unit has its own hydro meter and hot water tank, and there is a coin laundry room in the basement that generates extra income.
The building dates to the 1960s-1970s and shows its age in the common areas and basement. Corridor finishes, the entry vestibule, and the mechanical space are all original and functional but well past their cosmetic prime. Individual units have received basic touch-ups — paint and some flooring — but kitchens and bathrooms remain modest with white appliances and laminate counters.
For an investor, the bones are solid: separate metering, a large lot, balconies on every unit, and individual basement lockers. Anyone buying should budget for ongoing capital work, including the aging mechanical and common-area upgrades.
Purpose-built fourplex on large lot with rear parking for 8 vehicles
Separate hydro meters for each unit simplify utility billing
Each unit has a balcony and dedicated basement locker
On-site coin laundry provides additional income
Fully tenanted with stable occupancy
Cream brick exterior in structurally sound condition
Large lot with potential for future development review
From the listing
Listing courtesy of EXIT REALTY HARE (PEEL). Presented by Jeff Thibodeau, Broker, REAL Broker Ontario Ltd., Brokerage. Member, Brantford Regional Real Estate Association & the Canadian Real Estate Association (CREA). The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data via the Information Technology Systems Ontario (ITSO) board is deemed reliable but not guaranteed.
Welcome to this well-maintained, fully tenanted purpose-built 4-plex offering a solid investment opportunity in a highly convenient location close to transit, schools, parks, shopping, and everyday amenities. This property features a desirable unit mix of THREE spacious 2-bedroom apartments and ONE generous 3-bedroom unit, appealing to a wide range of tenants. Each unit is thoughtfully laid out and includes a 4 pc bathroom, full kitchen, living room, a balcony providing valuable outdoor space, along with a large dedicated locker located in the basement for added storage. Tenants enjoy the convenience of an onsite laundry room equipped with token-operated washer and dryer, generating additional income for the owner. Operational efficiency is enhanced with each unit having its own hot water tank rental, allowing for simplified utility management. The building also offers additional basement storage space reserved for landlord use, ideal for maintenance supplies or equipment. A rear parking lot provides ample parking for up to 8 vehicles, a significant asset for tenant retention and overall appeal. The property has been well cared for, reflecting pride of ownership and minimizing immediate capital expenditures for the next owner. Ideally situated in an established neighbourhood, this turnkey investment presents stable cash flow and a compelling opportunity for investors seeking a low-maintenance, income-producing property. Updates include; Roof Shingles (2022), Flooring in upstairs units 2019, Flooring in Main floor units 2023.
Eagle Place is the tight old Brantford grid south of the Grand, directly connected into downtown with no bridge crossing, and still one of the lowest detached entry points in the city.