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11 HART STREET, Brant (Brantford Twp), Ontario

$799,000

5 bed · 4 bath

MLS® X13883690

Excellent investment opportunity at 9-11 Hart Street! This well-maintained triplex features a desirable unit mix of one one-bedroom, one two-bedroom, and one three-bedroom suite, offering an attractive 6.2% cap rate at the asking price. The property has benefited from extensive capital improvements, including a new roof with 50-year shingles (2020), significant interior renovations throughout all three units, updated kitchens, flooring, electrical improvements, masonry and exterior repairs, and plumbing upgrades. Additional improvements include central air conditioning at 11 Hart, exterior deck and stair upgrades, and ongoing mechanical maintenance. Each unit is separately metered for hydro, with the three-bedroom suite benefiting from dedicated basement laundry facilities. Offering a combination of strong in-place returns, substantial recent improvements, and a versatile unit mix, this property presents an attractive opportunity for investors seeking a stabilized multifamily asset with limited immediate capital requirements. (id:56426)

Sestino Kazimierz Christian Vinelli

Listed by EXP REALTY

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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The neighbourhood

About the area

Census figures and the live market for the area this home sits in, matched from the property’s own location on the map.

Population
104,688
Median household income
$79,500
Median home value
$552,000
Owner-occupied
66%
Homes for sale
869
Median list price
$574,900

Source: Statistics Canada 2021, LiveBy

Map of Brantford
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Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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