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    For Sale - 190 Sheridan Street, Brantford, Ontario

    Est payment $3,309/mo
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    Views   1
    Time on Jump  53 day

    AI Summary *

    • Solid fourplex offering positive cash flow with over 8% cap rate.
    • Three units currently leased, with one vacant for potential tenants.
    • Spacious 2,980 sq. ft. property on a large 52 x 160 ft. lot.
    • Close to downtown, universities, parks, and public transport options.
    • Recent updates include new furnace, kitchens, flooring, and bathroom renovations.




    Excellent opportunity to acquire a solid fourplex with positive cashflow and over 8% caprate with future upside. 3 units currently leased out & 1 unit is vacant. This detached, fully brick two-storey property with rear extension offers approximately 2,980 sq. Ft. Above grade, plus an unfinished basement, on a large 52 x 160 ft. Lot. The building features four above-grade units, including two 2-bedroom units on the ground floor and two 1-bedroom units on the second floor. There is also a large shared storage room with potential to be converted into a common laundry area. The property includes separate hydro meters, 4 parking spots and has been professionally maintained previously. Current/estimated total rent is $68,307, with expenses of $13,084, resulting in net operating income of $55,223. Significant improvements have been completed in recent years, including a new furnace in 2025, updated kitchens, new flooring, painting, drywall repairs, bathroom renovations, and more. Large shared backyard that is fully fenced at the back, lots of potential for accessory or additional storage use. Very close to downtown to wilfred laurier university, conestoga college, casino, td civic centre, harmony square, the downtown strip & more. Close to bus-stops, laundromats, parks, trails, schools, library & more. One of the best multi-residential properties in the city offering all solid fundamentals, great to add to your investment portfolio.
    Listing IDX13136188
    Address190 Sheridan Street
    CityBrantford, Ontario
    Price$689,000
    Bed / Bath6 / 4 Full
    Style2-Storey, Fourplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features Separate Hydro MeterAmenities Fenced Yard, Public Transit, School, School Bus Route, ParkOwnership FreeholdBasement Unfinished, Partial BasementFoundation Stone, ConcreteHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer

    Parking 4.00
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    Listing Agency:  RE/MAX SUCCESS REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    190 Sheridan Street
    Brantford , Ontario
    6 4 $689,000
    Get more info