Property Information:

Turn-key six-unit investment property in the heart of Bradford West Gwillimbury, offering approximately $88,000 in-place NOI with a clear path to roughly $110,000 - about a 25% lift - as two below-market suites turn over to market. One 3-bedroom and five 2-bedroom apartments, five of six fully modernized within the last three years to contemporary standards.Significant recent capital investment: renovated suites, newly re-done driveway and retaining wall, and full fire-code compliance - a stabilized, low-management holding for a passive investor. On-site coin laundry provides ancillary income, and the oversized lot delivers parking for 8+ vehicles, a rare and valuable feature for a multi-residential asset of this size.Walking distance to the Barrie GO line for direct rail to Union Station, and to downtown Bradford's shops, restaurants and everyday amenities. Positioned on the Highway 400 corridor between Vaughan and Barrie in one of Simcoe County's fastest-growing communities, where sustained population growth and roughly 3% area vacancy continue to drive rental demand.A broad-appeal suite mix that supports stable income through the cycle, paired with genuine turnover upside - an efficient, well-improved opportunity for investors seeking in-place yield plus a defined growth path in the northern GTA rental market. (id:27)

Building Features:

Style: Multiplex
Building Type: Other
Air Conditioning: Yes
Basement Type: N/A, N/A
Exterior Finish: Brick
Floor Space: 3000 - 3500 sqft
Flooring Type: Hardwood, Laminate
Foundation Type: Block
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Window air conditioner
Appliances:

Property Features:

Property Type: Multi-family
Bedrooms: 13
Bathrooms: 6
Amenities Nearby: Park, Public Transit, Schools
Community Features: School Bus
Floor Space (approx): 3000 - 3500 Square Feet
Irregular: Yes
Lot Depth: 156.8 Feet
Lot Frontage: 50 Feet
Lot Size: 50 x 156.8 FT
Structure Type: Shed
Utility Type: Sewer - Installed, Cable - Installed, Hydro - Installed
Zoning: R2
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 8

Rooms:

Bedroom Basement Level 3.00 m x 4.00 m
Bedroom Main Level 3.00 m x 4.00 m
Bedroom Upper Level 3.00 m x 4.00 m

Convert Measurement to:

Courtesy of: VANGUARD REALTY BROKERAGE CORP.

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Demographic Information of 71 JOHN STREET E, Bradford West Gwillimbury, Ontario, L3Z 1G3

Life Stage

Middle-Aged with Teens

Employment Type

Mixed

Average Household Income

$119,464.21

Average Number of Children

1.65

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.91 %

High school certificate or equivalent

28.94 %

Apprenticeship trade certificate/diploma

7.2 %

College/non-university certificate

25.11 %

University Degree

17.84 %

Commuter

Travel To Work

By Car

82.54 %

By Public Transit

7.07 %

By Walking

0.84 %

By Bicycle

0.0 %

By Other Methods

9.55 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

12.72 %

Houses

87.28 %

71 JOHN STREET E, Bradford West Gwillimbury, Ontario, L3Z 1G3