Inside the home
This is a four-unit income property in Brantford's downtown east corridor — a three-storey Victorian brick building with two 2-bedroom units and two 3-bedroom units, each with its own kitchen and bathroom. Three units are currently tenanted. The listing reports a cap rate of 8.2% on recent rents. The building has had meaningful mechanical work done: new furnace in 2023, roof replaced in 2017, updated copper wiring with new panels, and updated plumbing throughout. Kitchens and bathrooms were renovated around 2012 — functional but now over a decade old. The attic unit has laminate flooring from a more recent update, but the sloped ceilings limit livable space significantly. Buyers should note the front porches need attention, the basement is fully unfinished, and several units rely on portable washing machines rather than dedicated laundry hook-ups. This is a working rental property with real income and real deferred maintenance — inspect carefully.
- Four separate units with individual kitchens and bathrooms
- Separate entrances for each unit
- Newer forced-air furnace (2023)
- Roof replaced 2017
- Updated copper wiring and new electrical panels
- Updated plumbing throughout
- Solid Victorian-era red brick exterior
- Rear yard access for lower units
Established 3 rented units 1 vacant unit 4 plex in downtown area of Brantford. Impressive 8.2% cap rate! Annual income was $69,000, and rents are now 1550+ 1281+1600. 4 water heaters are rented. Roof replaced in 2017. Furnace replaced in 2023. Kitchens renovated in 2012. Bathrooms renovated in 2012. All wiring has been updated to copper, with new electric panel. All plumbing has been updated in all units. Two 2 bedroom and 1 bath and two 3 bedroom and 1 bath. Lower units have back yard access. Potential for future development in Brantford's main corridor.