Property Information:

Rare investment opportunity! Welcome to this side-by-side bungalow triplex offering exceptional versatility and an impressive approximate 7.5%cap rate. The property features two original 2-bedroom, 1-bath units, each with a crawl space, plus a newly constructed (2022) 4-bedroom, 2-bath unit complete with a full basement. All three units are currently tenanted on month-to-month leases, providing immediate income withfuture flexibility. Each unit has been tastefully updated with modern finishes, is completely carpet free, and offers a functional layout that appealsto today's tenants and homeowners alike. Whether you're a savvy investor looking to expand your portfolio or a first-time buyer or downsizerhoping to offset your mortgage by living in one unit while collecting rental income from the others, this property offers outstanding potential.Ideally situated close to shopping, schools, parks, transit, and all everyday amenities, with convenient access to Highway 403 for commuters.Opportunities to own a property like this are few and far between. (id:27)

Building Features:

Style: Multiplex
Building Type: Triplex
Basement Development: Finished
Basement Type: Full
Exterior Finish: Brick, Vinyl siding
Floor Space: 2585 sqft
Foundation Type: Poured Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning, Wall unit
Appliances: Window Coverings

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Bedrooms: 8
Bathrooms: 4
Access Type: Road access
Amenities Nearby: Park, Public Transit, Schools
Community Features: Community Centre, School Bus
Floor Space (approx): 2585 Square Feet
Lot Depth: 40 Feet
Lot Frontage: 120 Feet
Zoning: RC
Sewer: Municipal sewage system
No. of Parking Spaces: 5

Courtesy of: RE/MAX Escarpment Golfi Realty Inc.

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Demographic Information of 101-103 SARAH Street, Brantford, Ontario, N3S 3A4

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$81,738.41

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

29.25 %

High school certificate or equivalent

36.29 %

Apprenticeship trade certificate/diploma

2.25 %

College/non-university certificate

24.26 %

University certificate (below bachelor)

0.26 %

University Degree

7.68 %

Commuter

Travel To Work

By Car

89.99 %

By Public Transit

2.69 %

By Walking

3.08 %

By Bicycle

0.0 %

By Other Methods

4.24 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

32.09 %

Houses

67.91 %

101-103 SARAH Street, Brantford, Ontario, N3S 3A4