This 1896 yellow brick building on Darling Street has been converted into four rental units — two 2-bedroom and two bachelor suites — and is currently fully occupied at a reported $62,328 gross per year. Each unit has its own in-suite stacked laundry, and the kitchens and bathrooms across the units have been updated to varying degrees over the past decade. The lot runs deep with a long driveway, a detached garage, and a rear outbuilding that adds flexibility. Interior finishes are mixed — some units show clean, modern kitchens and tiled bathrooms while others are more basic. All units are tenant-occupied, so condition assessments are partially limited by clutter and furnishings. Buyers should note the landlord currently covers all utilities across two meters. Separating meters or negotiating utility responsibilities with future tenants would affect the net income picture. A review of major systems in a home this age is a reasonable step before committing.
Gross income is $62,328! Are you searching for a newly renovated home with rental potential to ease your expenses? Your search ends here. At 282 Darling Street, Brantford, this versatile 4-plex offers options as a single-family residence or an investment property. Utilize part of the space for your family while leasing out the remaining units, or rent out all four for maximum income potential! This 4-plex has two 2-bedroom units and 2 bachelor units. It sits on a large lot with a detached garage and a long driveway for lots of parking. All four units have in-suite laundry. The landlord currently pays all utilities; all utilities are split between 2 meters for the four units.
Listing courtesy of Revel Realty Inc. 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.