Attention investors. Welcome to 254 Brant Ave, featuring an all brick building with 3467 sq. ft. of finished space. 2 separate ground floor commercial units (1 lease). Each unit has a 2 piece washroom, and shareable common lunchroom. Gross monthly rent $3109.00. Upstairs, three updated 1 bedroom apartments. Monthly rent $850.00, $1000.00, $1435.00. Gross monthly income $76,728.00. Expenses: Gas $3044.49, hydro $3106.33, water $926.32, building insurance $1894.00, property taxes $7189.00. Total expenses $16,160.14. Net operating income $60,567.86. Cap rate 6.1%. Beautifully maintained, fully leased mixed use commercial building located on one of Brantford's main arterial roads. Commercial unit has separate entrances in the rear and on the side. Paved parking with 7 spaces. Long term, excellent tenants provide a steady income stream and make this a great investment. This building is in pristine condition and would make an excellent addition to your property portfolio.
Royal LePage Action Realty
$999,900
254 Brant Avenue, Brantford, Ontario
0 Bedrooms
3467 Sqft
Property
MLS® Number: 40714402
Address: 254 Brant Avenue
City: Brantford
Exterior: Brick, Block
Utilities
Central Air: Yes
Heating: Forced Air, Natural Gas
Parking
Parking Spaces: 7
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Property Sale History
Travel and Neighbourhood
69/100Walk Score®
Somewhat Walkable
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Location
