Brantford, North Ward, N3R 4E2
$974,999
Listed by Rock Star Real Estate Inc., Brokerage.
Welcome to an exceptional investment opportunity in Brantford! This property presents a prime chance for development and cash flow in one of Ontario’s most rapidly growing City’s. 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, build cost estimate, and as-complete proforma, is available. Contact Listing Agent. 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. Don't miss out on this remarkable opportunity to expand your real estate portfolio and maximize returns!
Other,2 Fridges, 2 Stoves, 2 Washers, 2 Dryers
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