220 Nelson Street, Brantford, ON N3S 4C1
Brantford, ON, N3S 4C1
About this property
Legal triplex in Brantford offered at $659,000 with a strong 6.7% cap rate. Excellent income profile with projected annual income of $57,654.72 and net income of $44,284.74. Ideal opportunity for investors seeking solid cash flow with quality tenants already in place. Garage income projected at $300 per month adds further upside potential. Extensive capital improvements have been completed. In 2021 Unit 1 underwent a full renovation including a modern kitchen with new flooring, cabinetry, stainless steel appliances, and quartz countertops. The bathroom was fully updated with new flooring, toilet, reglazed tub, tiled surround, and new plumbing fixtures. Six new windows were installed and electrical wiring was updated with a new panel. The laundry room was fully upgraded in 2021 with new wiring, plumbing for a laundry sink, new appliances, new doors, new window, and a newly enclosed basement entry. In 2023 all four electrical meters were replaced and relocated. In 2024 Unit 3 received a full bathroom renovation with new flooring, toilet, vanity, and shower enclosure. Additional upgrades included new flooring throughout the kitchen and living room, fresh paint, new light fixtures, and updated kitchen appliances, countertop, sink, and faucet. Unit 2 received a new refrigerator and new bathroom window in 2024. Well maintained building with strong mechanical updates and continued care. Prime location close to amenities, transit, and major routes. Turnkey multi residential investment with stable income and future growth potential.
Features & Amenities
- Basement: Partial Basement, Partially Finished
- Garage: Detached
- Cooling: None
- Heat Type: Radiant
- Heat Source: Other
- Style: 2 1/2 Storey
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Triplex |
| Architectural Style | 2 1/2 Storey |
| Bedrooms | 5 |
| Bathrooms | 3 |
| Lot Size | 4,503 Feet |
| Basement | Partial Basement, Partially Finished |
| Garage | Detached |
| Parking Spaces | 3 |
| Heat Type | Radiant |
| Heat Source | Other |
| Cooling | None |
| Sewer | Sewer |
| Annual Tax | $3,858 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- None
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2 1/2 Storey
- Construction Materials
- Brick
- Foundation Details
- Stone
- Roof
- Asphalt Shingle
- Basement
- Partial Basement, Partially Finished
Heating & Cooling
- Heat Type
- Radiant
- Heat Source
- Other
- Cooling
- None
Parking & Garage
- Garage Type
- Detached
- Garage
- Yes
- Parking Spaces
- 3
- Parking Total
- 5.00
- Covered Spaces
- 2
Lot & Land
- Lot Size Area
- 4502.54
- Lot Size Units
- Feet
- Lot Depth
- 95.05
- Lot Width
- 43.55
Community & Neighborhood
- Property Features
- Hospital, Place Of Worship, School
Financial & Tax
- Tax Annual Amount
- $3,858
- Tax Year
- 2025
- Tax Assessed Value
- $265,000
- Possession Type
- Immediate
- Possession Details
- Immediate
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 16
- Kitchens Above Grade
- 3
- Kitchens Total
- 3
- Bedrooms Above Grade
- 5
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- North
- County Or Parish
- Brantford
- Cross Street
- Murray St
- Directions
- Murray St to Nelson St
- Special Designation
- Unknown
- Showing Requirements
- Showing System
Location
220 Nelson Street, Brantford, ON N3S 4C1, Brantford, ON, N3S 4C1