135 Sherwood DR, Brantford, ON N3T 1N8
135 Sherwood DR, Brantford, ON N3T 1N8
135 Sherwood DR, Brantford, ON N3T 1N8
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$689,000
Est. payment /mo
5 Beds
4 Baths
2,731 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-4 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 2,731 sqft

Price per Sqft $252

MLS Listing ID 40854400

Bedrooms 5

Abv Grd Liv Area 2,731

Year Built 1881

Annual Tax Amount $4,865

Property Sub-Type Multi-4 Unit

Source Cornerstone

Property Description

Fully tenanted 4-plex in the heart of Brantford presents a strong investment opportunity with multiple revenue streams. In addition to the 4 rental units, the property includes a 749 sqft. detached garage generating extra revenue as storage to 1 tenant. The property has a wide 100ft frontage providing for a possible severance zoned to accommodate a semi-detached building. This could possibly create 4 additional units. The garage has its own electricity meter and gas for heat and is also able to finished into another residential unit. The house has 4 rental units: Three 1-bedroom/1-bath and one 2-bedroom+ den/1-bath. The building has Coin-operated laundry facilities and ample parking for tenants having enough room for 20+ vehicles. Gas furnace provides heating while 3 water heaters service the different units. Another key factor of this property is the opportunity to rezone all of it- if you were to demolish the building the zoning would change from the grandfathered residential into commercial. With its combination of residential income and commercial/development potential, this property is a perfect addition to any investment portfolio.

Location

Province ON

County Brantford

Area 2067 - West Brant

Zoning F-M2, F-M1-16, F-R4A-45, F-RC-40, F-M1-17

Direction 403 exit King George Rd, turn left, continue to Brant Ave turn left, right on Colborne St W, right on Sherwood Dr.

Rooms

Basement Partial, Unfinished

Kitchen 0

Interior

Interior Features Other

Heating Forced Air, Natural Gas

Cooling None

Fireplace No

Laundry Coin Operated

Exterior

Parking Features Detached Garage, Gravel

Garage Spaces 4.0

Roof Type Asphalt Shing

Lot Frontage 100.0

Garage Yes

Building

Lot Description Irregular Lot, Airport, Ample Parking, Highway Access, Hospital, Park, Public Parking, Public Transit, Schools, Shopping Nearby

Faces 403 exit King George Rd, turn left, continue to Brant Ave turn left, right on Colborne St W, right on Sherwood Dr.

Story 2

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

Structure Type Brick

New Construction No

Others

Senior Community false

Tax ID 322780133

Ownership Freehold/None


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Listed by Rock Star Real Estate Inc.
Nearby School & Business

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Mike McCarthy
Mike McCarthy

Realtor | License ID: 4794661

+1(289) 919-5442 | mike@mikemccarthyrealty.com

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