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135 Sherwood Drive Brantford, Ontario N3T 1N8

5 Bedroom 4 Bathroom 2731 sqft
None Forced Air

$689,000

Fully tenanted 4-plex in the heart of Brantford presents a strong investment opportunity with multiple revenue streams. In addition to the 4 rental units, the property includes a 749 sqft. detached garage generating extra revenue as storage to 1 tenant. The property has a wide 100ft frontage providing for a possible severance zoned to accommodate a semi-detached building. This could possibly create 4 additional units. The garage has its own electricity meter and gas for heat and is also able to finished into another residential unit. The house has 4 rental units: Three 1-bedroom/1-bath and one 2-bedroom+ den/1-bath. The building has Coin-operated laundry facilities and ample parking for tenants having enough room for 20+ vehicles. Gas furnace provides heating while 3 water heaters service the different units. Another key factor of this property is the opportunity to rezone all of it- if you were to demolish the building the zoning would change from the grandfathered residential into commercial. With its combination of residential income and commercial/development potential, this property is a perfect addition to any investment portfolio. (id:61499)

Property Details

MLS® Number 40854400
Property Type Multi-family
AmenitiesNearBy Airport, Hospital, Park, Public Transit, Schools, Shopping
Features Crushed Stone Driveway, Laundry- Coin Operated
ParkingSpaceTotal 29

Building

BathroomTotal 4
BedroomsTotal 5
BasementDevelopment Unfinished
BasementType Partial (unfinished)
ConstructedDate 1881
CoolingType None
ExteriorFinish Brick
FoundationType Poured Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 2731 Sqft
Type Fourplex
UtilityWater Municipal Water

Parking

Detached Garage

Land

AccessType Highway Access
Acreage No
LandAmenities Airport, Hospital, Park, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
SizeFrontage 100 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription F-m2, F-m1-16, F-r4a-45, F-rc-40, F-m1-17

https://www.realtor.ca/real-estate/30132879/135-sherwood-drive-brantford

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Matt James
Salesperson


Rock Star Real Estate Inc.
418 Iroquois Shore Road, Unit 103a
Oakville, Ontario L6H 0X7

Nadeem Ahmed
Salesperson


Rock Star Real Estate Inc.
418 Iroquois Shore Road, Unit 103a
Oakville, Ontario L6H 0X7

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