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55 WINNIETT Street

$1,299,900

55 WINNIETT Street, Brantford, Ontario, N3T 1M6

MLS® # 40844507

Brantford ON, N3T 1M6

MLS® # 40844507

Property Information:

Attention Investors. Turn Key Opportunities like this don't come around often with a 7.8% cap rate. Fully leased and recently updated 5 plex featuring 1 - 3 bedroom unit and 4 - 2 bedroom units. Your clients will love the open concept main floor with quartz kitchen counter tops, new stainless steel appliances and hidden laundry room. wWindows, doors, electrical, plumbing, siding, facia updated 2021. Basement rim joist was also spray foamed for added R-value. With the potential to turn this multiplex into a condo development and sell the individual units, you won't want to miss your chance to see this investment. (id:27)

Building Features:

Style: Multiplex
Basement Development: Unfinished
Basement Type: Crawl space
Exterior Finish: Vinyl siding
Floor Space: 4720 sqft
Foundation Type: Poured Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: None

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Bedrooms: 11
Bathrooms: 5
Amenities Nearby: Park, Public Transit, Schools, Shopping
Floor Space (approx): 4720 Square Feet
Lot Frontage: 118 Feet
Zoning: F-RC
Sewer: Municipal sewage system
No. of Parking Spaces: 10

Courtesy of: Re/Max Twin City Realty Inc, Pay It Forward Realty

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⚠ Potential Investment Performance

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Market Price Trends

Location of 55 WINNIETT Street, Brantford, Ontario, N3T 1M6

Lifestyle
Neighbourhood

Demographic Information of 55 WINNIETT Street, Brantford, Ontario, N3T 1M6

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$79,195.96

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

30.83 %

High school certificate or equivalent

35.34 %

Apprenticeship trade certificate/diploma

7.36 %

College/non-university certificate

19.43 %

University Degree

7.04 %

Commuter

Travel To Work

By Car

81.47 %

By Public Transit

5.29 %

By Walking

5.43 %

By Bicycle

0.0 %

By Other Methods

7.81 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

50.55 %

Houses

49.45 %

Own Vs. Rent