Property Details

16 TERRACE HILL Street, Brantford, Ontario, N3R1E9

16 TERRACE HILL Street, Brantford, Ontario, N3R1E9 (ID 40472025)
Representative
Brian  North portrait
Brian North
Broker
Century 21 Heritage House Ltd.
Cell: 519-754-7308

$799,900 - For sale

ID#:40472025

Welcome home to 16 Terrace Hill Street, a well maintained and updated 4-plex multi-unit investment property with a generous lot frontage that consists of one 3-bedroom unit, two 2-bedroom units, and one 1-bedroom unit. Set your own rents! Two units (units 3 & 4) have been completely redone (including plumbing & electrical) in 2023 and are vacant & ready for new tenants. The remaining two units are successfully leased with great tenants. Lower unit is equipped with laundry facility, Second floor unit has laundry provisions, main floor and third floor unit has no laundry. Laundry provisions roughed in at detached garage. A detached garage and Two driveways offer ample parking (7 spaces total). Updates include: Units 3 & 4 are completely renovated, 2nd & 3rd floor windows replaced (2023), Hydro updated June 2023 to separate panels, Waterlines replaced (2023), Carrier HVAC updated (approx 2015) heats and cools main & lower units, Roof (2012/2021), Back deck (2021). Located in the family friendly neighbourhood of Terrace Hill neighbourhood, close to excellent schools, public transit, shopping and all amenities! Incredible opportunity for a turn key investment at 6.8% cap rate! (id:2471)

Location DescriptionBrant Ave to West St to Terrace Hill

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Property Details
  • Property Address:16 TERRACE HILL Street, Brantford, Ontario, N3R1E9
  • Property Type:Multi-family
  • Title:Freehold
  • Lot Size:under 1/2 acre
  • Acreage:under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Driveway:Detached Garage
  • Parking Space Total:7
Structure Details for 16 TERRACE HILL Street, Brantford, Ontario, N3R1E9
  • Structure Style:Fourplex
  • Bedrooms:8
  • Bathrooms:4
  • Floor Space:2256
  • Heating Type:Natural gas, Baseboard heaters, Forced air
  • Storeys:2.5
  • Basement Type:Full (Finished)
  • Foundation Type:Poured Concrete
  • Cooling Type:Ductless, Wall unit
  • Rental Equipment:Water Heater
  • Exterior Type:Brick
Amenities for 16 TERRACE HILL Street, Brantford, Ontario, N3R1E9
  • Amenities Nearby:Hospital, Park, Public Transit, Schools, Shopping
Representative
Brian  North portrait
Brian North
Broker
Century 21 Heritage House Ltd.
Cell: 519-754-7308
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Listing Office: Re/Max Escarpment Realty Inc.

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16 TERRACE HILL Street, Brantford, Ontario, N3R1E9

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