190 Sheridan Street Brantford, Ontario N3S 4P8

6 Bedroom 4 Bathroom 2,500 - 3,000 ft2
None Baseboard Heaters, Forced Air, Not Known

$729,000

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. (id:63616)

Property Details

MLS® Number X13136188
Property Type Multi-family
Amenities Near By Public Transit, Schools, Park
Community Features School Bus
Equipment Type Water Heater
Parking Space Total 4
Rental Equipment Type Water Heater

Building

Bathroom Total 4
Bedrooms Above Ground 6
Bedrooms Total 6
Age 100+ Years
Amenities Separate Electricity Meters
Appliances Stove, Refrigerator
Basement Development Unfinished
Basement Type Partial (unfinished)
Cooling Type None
Exterior Finish Brick
Foundation Type Stone, Concrete
Heating Fuel Electric, Natural Gas
Heating Type Baseboard Heaters, Forced Air, Not Known
Stories Total 2
Size Interior 2,500 - 3,000 Ft2
Type Fourplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Fence Type Fenced Yard
Land Amenities Public Transit, Schools, Park
Sewer Sanitary Sewer
Size Depth 160 Ft
Size Frontage 52 Ft
Size Irregular 52 X 160 Ft
Size Total Text 52 X 160 Ft
Zoning Description Nlr (f9 A270 C40)

Rooms

Level Type Dimensions
Second Level Bedroom 5 3 m x 2.3 m
Second Level Kitchen 2.7 m x 2.7 m
Second Level Kitchen 2 m x 2.8 m
Second Level Kitchen 2.5 m x 3 m
Ground Level Bedroom 3 m x 3 m
Ground Level Bedroom 2 3.2 m x 3 m
Ground Level Bedroom 3 2.5 m x 2.4 m
Ground Level Bedroom 4 2.5 m x 2.3 m
Ground Level Kitchen 2.2 m x 2.4 m
Ground Level Kitchen 2.2 m x 3 m

https://www.realtor.ca/real-estate/29761786/190-sheridan-street-brantford

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