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    For Sale - 220 Nelson Street, Brantford, Ontario

    Est payment $3,169/mo
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    Time on Jump  31 day

    AI Summary *

    • Legal triplex with a strong 6.7% cap rate, excellent for investors.
    • Projected annual income of over $57,000 with quality tenants in place.
    • Significant recent renovations, including modern kitchens and updated bathrooms.
    • Garage income provides additional revenue potential each month.
    • Great location near amenities, transit, and major routes for convenience.




    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, 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.
    Listing IDX12835650
    Address220 Nelson Street
    CityBrantford, Ontario
    Price$659,999
    Bed / Bath5 / 3 Full
    Style2 1/2 Storey, Triplex
    ConstructionBrick
    Land Size4502.54
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features NoneAmenities Hospital, Place Of Worship, SchoolOwnership FreeholdBasement Partial Basement, Partially FinishedFoundation StoneHeating / Cooling RadiantHeating Fuel OtherSewer Sewer

    Parking 5.00
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    Listing Agency:  CENTURY 21 HERITAGE HOUSE LTD

    * 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.

    Hospital
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    Place of Worship
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    220 Nelson Street
    Brantford , Ontario
    5 3 $659,999
    Get more info