181 Brant Avenue , Brantford Ontario

Sale $529,900.00  | 
Listing # 30709283
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Office Listing:

Zongwen (John) Ma

Laurel Hammer

Your Brant Home Team

Phone:  519.759.6800
Fax:  519.759.5900

Royal LePage Brant Realty, Brokerage (Independently owned and operated)

Brokerage

18 HOLIDAY DR
Brantford,  ON N3R7J4

Remarks:

Attention investors! 3,104 sq. ft. solid all brick commercial/residential duplex located on the Brantford business artery. Main floor convenience store (2,170 sq. ft.) and upstairs apartment (934 sq. ft.): 2 bedroom, 1 bathroom with separate entrance with newer laminate floor (2012), no carpet. Unfinished high ceiling basement with separate entrance for potential extra income. Total rents: $34,326.48/year, costs: $6,557.68/year, net income: $27,768.8/year, cap: 5.24%. Convenience store is leased at $1,760.54/month (5+5 year lease on the 4th year) + pay all utilities of the building; upper apartment is rented at $1,100/month (month to month). Landlord pays property tax ($5,318.92/year) and building insurance ($1,238.76/year). Only the property is for sale, convenience store business is not included but can be purchased separately. (id:27)

Investment

Lot Frontage: 40.0 Feet
Lot Depth: 71.0 Feet
No. of Parking Spaces: 4
Floor Space (approx): 3104.00 Square Feet
Zoning: C1

Property Features:

Amenities Nearby: Public Transit , Recreation , Schools
Community Features: Community Centre
Equipment Type: Water Heater
Features: Paved driveway
OwnershipType: Freehold
Parking Type: No Garage
Property Type: Multi-family
Rental Equipment Type: Water Heater
Utility Type: Water - Available

Building Features:

Architectural Style: 2 Level , Multi-Unit
Basement Development: Unfinished
Basement Type: Partial
Building Type: Duplex
Construction Style - Attachment: Detached
Cooling Type: Central air conditioning
Exterior Finish: Brick
Fire Protection: Fire alarm system
Foundation Type: Unknown
Heating Fuel: Natural gas
Heating Type: Forced air