Inside the home
This is a legal triplex in a Victorian-era cream brick building on a corner lot in Downtown Brantford. The listing shows a 6.7% cap rate with tenants already in place and a detached garage adding further rental income potential. Unit 1 received the most attention — a full kitchen renovation with two-tone shaker cabinets, quartz counters, stainless appliances, and updated bathroom work, all done around 2021. The main living space still has its original hardwood floors, tall ceilings, and a decorative marble fireplace surround. Unit 3 got fresh flooring, paint, and a new bathroom in 2024. Electrical meters were replaced across all four units in 2023. The exterior brick shows staining and some deterioration at the corners. Buyers should budget for masonry work and factor in the age of the building's envelope when reviewing the numbers.
- Legal triplex with documented 6.7% cap rate
- Unit 1 kitchen fully renovated with quartz counters and stainless appliances
- Original hardwood floors throughout main unit
- Ornamental marble fireplace surround is a period feature
- Detached oversized garage with rental income potential
- Multiple recent capital improvements including electrical panel and meter upgrades
- Tall ceilings and large windows in main unit
Legal triplex in Brantford offered at $659,000 with a strong 6.7% cap rate. Excellent income profile with projected annual income of $57,654.72 and net income of $44,284.74. Ideal opportunity for investors seeking solid cash flow with quality tenants already in place. Garage income projected at $300 per month adds further upside potential. Extensive capital improvements have been completed. In 2021 Unit 1 underwent a full renovation including a modern kitchen with new flooring, cabinetry, stainless steel appliances, and quartz countertops. The bathroom was fully updated with new flooring, toilet, reglazed tub, tiled surround, and new plumbing fixtures. Six new windows were installed and electrical wiring was updated with a new panel. The laundry room was fully upgraded in 2021 with new wiring, plumbing for a laundry sink, new appliances, new doors, new window, and a newly enclosed basement entry. In 2023 all four electrical meters were replaced and relocated. In 2024 Unit 3 received a full bathroom renovation with new flooring, toilet, vanity, and shower enclosure. Additional upgrades included new flooring throughout the kitchen and living room, fresh paint, new light fixtures, and updated kitchen appliances, countertop, sink, and faucet. Unit 2 received a new refrigerator and new bathroom window in 2024. Well maintained building with strong mechanical updates and continued care. Prime location close to amenities, transit, and major routes. Turnkey multi residential investment with stable income and future growth potential.