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135 Sherwood Drive
homes for sale · Brantford
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$689,000

135 Sherwood Drive

Brantford · MLS® X13654870

5429

House · Multi-family · 77 days on market

listed by MATT JAMES, ROCK STAR REAL ESTATE INC.

realtor's 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.

similar homes nearby

property details

type
House, Multi-family
bedrooms
5
bathrooms
4
parking
29
property tax
$4,865 / yr
days on market
77
MLS®
X13654870

features

  • Refrigerator
  • Stove
  • Dryer
  • Two Washers

monthly cost

$3,407/mo
Mortgage $3,002 · Tax $405

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$3,002/ monthly
loan $551,200
25-year amortization
total interest
$349,372
cash to close
$137,800
down payment; transfer tax and fees not included
total paid
$900,572

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
MATT JAMES
ROCK STAR REAL ESTATE INC.
call MATT · 519-217-5570
Powered by: REALTOR.ca

location

BrantfordGoogle Maps ↗

location

BrantfordGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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