Welcome to this remarkable ["2 1/2 Storey"] triplex located in the coveted neighborhood of Brantford. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $659,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
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.
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Hospital, Place Of Worship, School
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 220 Nelson Street, Brantford, ON N3S 4C1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
No schools found within 3 km of this property.
No current listings found in Brantford.
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