220 Nelson Street Brantford, Ontario N3S 4C1
$659,999
Legal triplex in Brantford offered at $659,000 with a strong 6.7% cap rate. Excellent income profile with projected annual income of $57,654.72 and net income of $44,284.74. Ideal opportunity for investors seeking solid cash flow with quality tenants already in place. Garage income projected at $300 per month adds further upside potential. Extensive capital improvements have been completed. In 2021 Unit 1 underwent a full renovation including a modern kitchen with new flooring, cabinetry, stainless steel appliances, and quartz countertops. The bathroom was fully updated with new flooring, toilet, reglazed tub, tiled surround, and new plumbing fixtures. Six new windows were installed and electrical wiring was updated with a new panel. The laundry room was fully upgraded in 2021 with new wiring, plumbing for a laundry sink, new appliances, new doors, new window, and a newly enclosed basement entry. In 2023 all four electrical meters were replaced and relocated. In 2024 Unit 3 received a full bathroom renovation with new flooring, toilet, vanity, and shower enclosure. Additional upgrades included new flooring throughout the kitchen and living room, fresh paint, new light fixtures, and updated kitchen appliances, countertop, sink, and faucet. Unit 2 received a new refrigerator and new bathroom window in 2024. Well maintained building with strong mechanical updates and continued care. Prime location close to amenities, transit, and major routes. Turnkey multi residential investment with stable income and future growth potential. (id:50617)
Property Details
| MLS® Number | 40794874 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Park, Place Of Worship, Schools |
| Community Features | Quiet Area |
| Parking Space Total | 5 |
Building
| Bathroom Total | 3 |
| Bedrooms Total | 4 |
| Appliances | Microwave |
| Basement Development | Partially Finished |
| Basement Type | Partial (partially Finished) |
| Cooling Type | None |
| Exterior Finish | Brick |
| Foundation Type | Stone |
| Heating Type | Radiant Heat |
| Stories Total | 3 |
| Size Interior | 2267 Sqft |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| Detached Garage | |
| Open |
Land
| Acreage | No |
| Land Amenities | Hospital, Park, Place Of Worship, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 95 Ft |
| Size Frontage | 50 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Rc |
https://www.realtor.ca/real-estate/29413692/220-nelson-street-brantford
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March 02 2026 03:34:14
Brantford Regional Real Estate Assn Inc
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