$729,000
Available - For Sale
Listing ID: X13136188
190 Sheridan Street , Brantford, N3S 4P8, Brantford
| Excellent opportunity to acquire a solid fourplex with positive cashflow and Approximately 7.1% Caprate with future upside. This detached, fully brick two-storey property with rear extension offers approximately 2,980 sq. ft. above grade, plus an unfinished basement, on a large 52 x 160 ft. lot. The building features four above-grade units, including two 2-bedroom units on the ground floor and two 1-bedroom units on the second floor. There is also a large shared storage room with potential to be converted into a common laundry area. The property includes separate hydro meters, 4 parking spots and has been professionally maintained previously. Current total rent is $64,707, with expenses of $13,084, resulting in net operating income of $51,623. Significant improvements have been completed in recent years, including a new furnace in 2025, updated kitchens, new flooring, painting, drywall repairs, bathroom renovations, and more. Large shared backyard that is fully fenced at the back, lots of potential for accessory or additional storage use. Very Close to Downtown to Wilfred Laurier University, Conestoga College, Casino, TD Civic Centre, Harmony Square, the Downtown Strip & More. Close to Bus-Stops, Laundromats, Parks, Trails, Schools, Library & More. One of the Best Multi-Residential Properties in the City Offering All Solid Fundamentals, Great to Add to Your Investment Portfolio. |
| Price | $729,000 |
| Taxes: | $4486.44 |
| Occupancy: | Tenant |
| Address: | 190 Sheridan Street , Brantford, N3S 4P8, Brantford |
| Directions/Cross Streets: | Peel St & Sheridan St |
| Rooms: | 14 |
| Bedrooms: | 6 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Unfinished, Partial Base |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Ground | Bedroom | 9.84 | 9.84 | |
| Room 2 | Ground | Bedroom 2 | 10.5 | 9.84 | |
| Room 3 | Ground | Bedroom 3 | 8.2 | 7.87 | |
| Room 4 | Ground | Bedroom 4 | 8.2 | 7.54 | |
| Room 5 | Second | Bedroom 5 | 9.84 | 7.54 | |
| Room 6 | Second | Kitchen | 8.86 | 8.86 | |
| Room 7 | Ground | Kitchen | 7.22 | 7.87 | |
| Room 8 | Ground | Kitchen | 7.22 | 9.84 | |
| Room 9 | Second | Kitchen | 6.56 | 9.18 | |
| Room 10 | Second | Kitchen | 8.2 | 9.84 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Ground |
| Washroom Type 2 | 3 | Second |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 100+ |
| Property Type: | Fourplex |
| Style: | 2-Storey |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 4 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 2500-3000 |
| Property Features: | Fenced Yard, Public Transit |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Baseboard |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| RIGHT AT HOME REALTY |
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|
Lynn Tribbling
Sales Representative
Dir:
416-252-2221
Bus:
416-383-9525
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At a Glance:
| Type: | Freehold - Fourplex |
| Area: | Brantford |
| Municipality: | Brantford |
| Neighbourhood: | Dufferin Grove |
| Style: | 2-Storey |
| Approximate Age: | 100+ |
| Tax: | $4,486.44 |
| Beds: | 6 |
| Baths: | 4 |
| Fireplace: | N |
| Pool: | None |
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