Investment Opportunity: Units 1 (main floor) and Unit 3 (2nd floor) are currently vacant for a the opportunity to screen and vet your own tenants! Plus, bonus income from a coin-operated washer and dryer, estimated at approximately $1,800 per year. This property also offers the opportunity to rent out a detached two-car garage with a loft area, which was previously leased for $200 per month, providing further income potential. Key Updates: Roof replacement in 2020, Garage roof/eaves updated in 2022, 2 new furnaces in 2022, On-demand hot water tank in 2023, Unit 1: Main bath shower/bathtub surround updated in 2023; macerating toilet installed in lower bathroom in 2022, Unit 2: Kitchen flooring updated in 2022, Common area flooring and paint refreshed in 2022, Main home eavestroughs replaced in 2022. The property offers convenient parking for three vehicles in the driveway, along with space for two additional vehicles in the garage. This well-maintained income property presents a solid investment opportunity with reliable cash flow and room for growth. Don’t miss the chance to add this asset to your portfolio.
Property Type:
Residential Income
Property SubType:
Multi-4 Unit
Listing General Location:
2041 - Terrace Hill, 2040 - Terrace Hill/E & N Wards
Bedrooms:
5
Bathrooms:
4.0
(Full:-/Half:-)
Lot Details:
39 x 67.74
Lot Depth:
67'8⅞"20.6 m
Lot Frontage:
39'11.9 m
Kitchens:
0
County Or Parish:
Brantford
Features:
Crops Included: No, Garage: No, New Construction: No
Construction:
Aluminum Siding
Basement:
Full, Partially Finished
Foundation:
Brick/Mortar, Stone
Roof:
Asphalt Shing
Number of Storeys:
2
Number of Buildings:
0
Total Floor Area:
2,504 sq. ft.233 m2
Finished Area Above Grade:
2,504 sq. ft.233 m2
Fireplace:
false
Laundry Features:
Coin Operated
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Cooling:
Central Air
Heating:
Forced Air, Natural Gas
Other,4 Fridges, 4 Stoves, 1 Washer, 1 Dryer, All In "as Is" Condition
Instant Hot Water, Refrigerator, Stove
false
No
WEST ST TO DUKE ST
No
HST Applicable To Sale Price:
No
Features:
Crops Included: No, Garage: No, New Construction: No
Lease to Own Equipment:
None
Zoning:
RC
Lot Site Features:
Irregular Lot, Place of Worship, Public Transit
Features:
Crops Included: No, Garage: No, New Construction: No
# Of Total Parking Spaces:
5.0
# Of Open Parking Spaces:
3.0
Driveway Parking:
Private Drive Triple+ Wide
Num Apartment Units:
0
Num Bachelor Units:
1
Num Efficiency Units:
0
Num Loft Units:
0
Num Other Units:
0
Num Penthouse Units:
0
Num Studio Units:
0
Listed Date:
Oct 03, 2024
Unit 2 Entrance.
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View of property entrance
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View of entrance to Unit 3
Kitchen with dark wood-type flooring, gray cabinets, under cabinet range hood, a sink, and gas range gas stove
Kitchen with dark wood-type flooring, baseboards, lofted ceiling, white appliances, and white cabinetry
Unfurnished room with visible vents, dark wood-type flooring, baseboards, and vaulted ceiling
Unfurnished room with lofted ceiling, baseboards, and dark wood-type flooring
Empty room featuring recessed lighting, a baseboard heating unit, baseboards, and dark wood-style flooring
Unfurnished room featuring recessed lighting, baseboards, and dark wood-style flooring
Empty room with dark wood finished floors, lofted ceiling, recessed lighting, and baseboards
Unfurnished bedroom featuring dark wood-type flooring, baseboards, and a closet
Bathroom with toilet, shower / bathing tub combination, baseboards, and wood finished floors
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Unit 1 Entrance.
Basement 2 pc bathroom
Finished below grade area featuring stairs
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Kitchen with blue cabinets, white range with gas cooktop, ornamental molding, a sink, and decorative backsplash
Kitchen with white range with gas stovetop and blue cabinets
Main floor Full bath with vanity, shower / tub combination, and toilet
Data was last updated May 22, 2025 at 01:50 AM (UTC)
Area Statistics
Listings on market:
30
Avg list price:
$749,950
Min list price:
$399,900
Max list price:
$3,299,000
Avg days on market:
46
Min days on market:
2
Max days on market:
362
Avg price per sq.ft.:
$312.57
These statistics are generated based on the current listing's property type
and located in
2040 - Terrace Hill/E & N Wards. Average values are
derived using median calculations.