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196 MARLBOROUGH Street

$849,900

196 MARLBOROUGH Street, Brantford, Ontario, N3T 4T1

MLS® # 40723536

Brantford ON, N3T 4T1

MLS® # 40723536

Property Information:

Invest with confidence in this legal and conforming triplex located in a prime Brantford neighbourhood. This turnkey property features three self-contained 2-bedroom units, all well-maintained and with tenants paying their own utilities – a rare and desirable setup that maximizes your returns and minimizes your expenses. Each unit has their own parking space, access to laundry and separate yard space with two of the three units being fenced in Whether you're looking to expand your portfolio or begin your real estate investment journey, this solid income property offers long-term stability and immediate cash flow. Located close to schools, transit, shopping, and downtown amenities, this property is a smart addition for any investor. (id:27)

Building Features:

Style: Multiplex
Building Type: Triplex
Basement Development: Unfinished
Basement Type: Full
Exterior Finish: Aluminum siding
Floor Space: 1484 sqft
Foundation Type: Stone
Heating Type: Radiant heat
Heating Fuel: Natural gas
Cooling Type: Central air conditioning

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Bedrooms: 6
Bathrooms: 3
Amenities Nearby: Public Transit, Schools
Floor Space (approx): 1484 Square Feet
Lot Depth: 72 Feet
Lot Frontage: 102 Feet
Zoning: RC
Sewer: Municipal sewage system
Parking Type: Attached garage
No. of Parking Spaces: 3

Courtesy of: Re/Max Twin City Realty Inc.

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⚠ Potential Investment Performance

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Market Price Trends

Location of 196 MARLBOROUGH Street, Brantford, Ontario, N3T 4T1

Lifestyle
Neighbourhood

Demographic Information of 196 MARLBOROUGH Street, Brantford, Ontario, N3T 4T1

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$89,907.66

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.66 %

High school certificate or equivalent

35.08 %

Apprenticeship trade certificate/diploma

7.78 %

College/non-university certificate

22.61 %

University certificate (below bachelor)

0.01 %

University Degree

11.86 %

Commuter

Travel To Work

By Car

91.83 %

By Public Transit

4.03 %

By Walking

1.56 %

By Bicycle

0.0 %

By Other Methods

2.58 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

9.71 %

Houses

90.29 %

Own Vs. Rent