Inside the home
This four-unit brick building on a double lot near downtown Brantford is a mixed picture. Two units have been properly renovated — white shaker kitchens, stainless appliances, updated bathrooms with glass showers, and fresh LVP flooring throughout. The top-floor attic unit adds vaulted ceilings and a three-window gable that give it real character. The other two units are original, with dated oak-and-white cabinetry, older appliances, and finishes that haven't been touched in 20-plus years. That's the value-add story here — rents in those units have room to grow once they're brought up to the standard of the renovated ones. The double lot is the property's other major asset. The large paved parking area handles tenant needs, and the open grass lot beside it is unusually large for this part of the city. All four units are currently tenanted.
- Solid restored brick exterior on a rare double lot
- Two units fully renovated with modern kitchens and updated bathrooms
- Attic unit conversion with vaulted ceilings and good natural light
- Large paved on-site parking area
- Separate entrance for at least one unit
- Owned hot water tanks
- Updated roof, windows, plumbing and electrical per listing
Welcome to 169 Darling Street, a solid and well-maintained four-plex offering an excellent investment opportunity with immediate rental income. This fully tenanted property provides reliable cash flow while still offering future upside potential for investors looking to further improve the net operating income. The building features a durable and attractive restored brick exterior and sits on a rare double lot, providing ample on-site parking for tenants. Major updates have already been completed, including a newer roof, replacement windows, updated plumbing and electrical systems, and upgraded HVAC components, offering peace of mind and reduced maintenance for years to come. The property is also equipped with interconnected smoke alarms, enhancing safety and compliance. Two of the four units have been thoughtfully renovated within the past few years, showcasing modern updates that appeal to today’s tenants. Additionally, the property benefits from owned water heaters, helping to keep operating expenses manageable. With half of the units currently on updated rents and the remaining units presenting future rental growth potential, there is clear opportunity to further enhance the property’s income and overall return. Ideally located close to shopping, public transit, schools, and everyday amenities, 169 Darling Street is well-positioned to attract and retain tenants. With its strong income profile, attractive cap rate potential, and value-add opportunities, this turnkey four-plex is a compelling addition to any real estate portfolio.
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