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RLP Maximum
7694 Islington Ave, 2nd Floor Suite 220
Vaughan, ON L4L 1W3
Tel: (905) 856-7514

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38 & 40 Niagara, Brantford, Ontario

Detached Home For Sale | X8147098Sale

Listing ID: X8147098
$974,999
4 Bedrooms
1,100 Sqft
Listing ID #X8147098
Property Description

Exceptional investment opportunity in Brantford! This property presents a prime chance for development and cash flow in a rapidly growing city. Featuring an existing duplex in top condition with market rents and a serviced lot approved for three additional units, this property allows for a total of five units upon completion, offering substantial revenue potential. With CMHC financing available post-construction, investors can employ a near-perfect BRRRR strategy to refinance most of their capital out while still maintaining positive cash flow. Approvals for severance and minor variances have been secured. Preliminary house concepts, cost estimates, and a CMHC proforma, is available. The existing legal duplex is turn-key, with two well-maintained units featuring separate laundry facilities and tenants responsible for utilities. Situated near downtown Brantford, this property benefits from its prime location near essential amenities, schools, parks, and transportation hubs.

Basic Details
Listing ID : X8147098
Listing Type : Sale
Price : $974,999
Type : .d.
Style : Bungalow
Square Footage : 1,100 Sqft
Map
Address Map
38 & 40
Niagara
St
US
ON
Brantford
N3R 4E2
Property Area
Brantford
Usher St.
Features
: Full
: 2
: 4
Rooms
4
2
Lower
4
2024
$2,576
More Details
100+
W
Gas
None
RC

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