$699,900
 $3,757 est/mo Sourced by Back At You

165 Sydenham Street , Brantford, ON N3R 3Z1

Brantford, ON N3R 3Z1

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Description

Welcome to 165 Sydenham St - a prime investment opportunity with significant income potential! This unique property is currently configured as five units, with (3) three of the (5) five units vacant and the possibility of having All Five (5) vacant upon the closing date for prospective buyers. Generating an annual income of $54,360, this property has the potential to reach $84,120 per year with the vacant units leased, making it a true income-generating powerhouse. Nestled on over half an acre of land with a 254 ft deep, L-shaped lot backing onto a ravine, this property offers no rear neighbours and is ideal for future development. A detached, heated workshop on-site is currently rented and could be converted into a garden suite/ADU, providing even more cash flow options. Whether you're an investor seeking strong rental income or a family interested in multi-generational living, 165 Sydenham St offers the flexibility and space to suit your needs. Centrally located with easy access to shopping, amenities, and public transit, this property combines convenience with opportunity. Don't miss out on this exceptional chance to invest in a property with development potential, vacant units ready for tenants, and incredible income prospects! Contact us today to explore this one-of-a-kind opportunity.

Details

MLS#40628211
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1890
Days On Site68
Listing Provided ByRock Star Real Estate Inc., Brokerage | Dan Jarnevic

Features

Bed(s)4
Bath(s)5
SQ Feet2,210
BasementY
Story(s)2
Units5
ZoningRC
Acreage0.57
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 8 minutes ago
ProvinceON
CountyBrantford
CityBrantford
Postal CodeN3R 3Z1
Area2040 Terrace Hill | E & N Wards
Subarea2041 Terrace Hill
Community Name2041 Terrace Hill
Listing VS Median (in 2041 Terrace Hill)
Price:
$699,900
low | high
Med:
$649,000
57.272467495356% of Average
SqFt:
2,210
low | high
Med:
1,486
82.760180995475% of Average
$ / SqFt:
$317
low | high
Med:
$437
12.094315723242% of Average
On Site:
68
low | high
Med:
19.000000
100% of Average
Sourced by Back At You
Listing Updated: September 23, 2024 at 1:36:07 PM PDT