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$499,900

13 USHER Street, Brantford, Ontario, N3R 1B8

MLS® # 40851621

Brantford ON, N3R 1B8

MLS® # 40851621

Property Information:

Attention First Time home buyers and Investors - Don’t miss this one! A great investment opportunity in the heart of Brantford! This legal triplex with fire (retrofit) inspection completed in 2022 offers immediate income potential with the added benefit of a fourth self-contained unit, enhancing cash flow. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the others, this versatile property offers great flexibility. Currently offering 4 - 1 Bedroom, 1 bathroom units, This property is currently fully leased and generates a really good return. The best unit (#1) will be vacant at the end of August. This unit is currently split into 2 units, but could be easily converted back to 1 which would offer an excellent owner occupied 2 bedroom, 2 bathroom unit. Or keep it as 2 units and generate more income. This property offers 2 separate driveways and a detached garage. Tenants pay their own hydro (Separate meters), owner pays heat and water. Situated on a mature lot in an established neighbourhood, 13 Usher Street is conveniently located close to schools, parks, public transit, shopping, and major amenities, making it an attractive option for tenants. Each unit offers functional living space, while the property's strong rental income and good location make it a standout opportunity for savvy investors. Don't miss your chance to own a rare legal triplex with the added bonus of a fourth unit in one of Brantford's growing rental markets. This is a great investment opportunity at this price in the city of Brantford. (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Basement Development: Unfinished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 2124 sqft
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 4
  • Bathrooms: 3
  • Access Type: Highway access
  • Amenities Nearby: Hospital
  • Built in: 1906
  • Features: Southern exposure, Paved driveway
  • Floor Space (approx): 2124 Square Feet
  • Lot Depth: 92 Feet
  • Lot Frontage: 46 Feet
  • Zoning: NLR
  • Sewer: Municipal sewage system
  • Parking Type: Detached garage
  • No. of Parking Spaces: 5

Courtesy of: Re/Max Twin City Realty Inc

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 13 USHER Street, Brantford, Ontario, N3R 1B8

Demographic Information of 13 USHER Street, Brantford, Ontario, N3R 1B8

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$80,143.31

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.29 %

High school certificate or equivalent

37.16 %

Apprenticeship trade certificate/diploma

5.42 %

College/non-university certificate

19.75 %

University Degree

12.38 %

Commuter

Travel To Work

By Car

81.06 %

By Public Transit

8.84 %

By Walking

7.84 %

By Bicycle

0.25 %

By Other Methods

2.01 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

39.87 %

Houses

60.13 %

Own Vs. Rent