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101-103 SARAH Street, Brantford — listed at $799,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Rare investment opportunity! Welcome to this side-by-side bungalow triplex offering exceptional versatility and an impressive approximate 7.5%cap rate. The property features two original 2-bedroom, 1-bath units, each with a crawl space, plus a newly constructed (2022) 4-bedroom, 2-bath unit complete with a full basement. All three units are currently tenanted on month-to-month leases, providing immediate income withfuture flexibility. Each unit has been tastefully updated with modern finishes, is completely carpet free, and offers a functional layout that appealsto today's tenants and homeowners alike. Whether you're a savvy investor looking to expand your portfolio or a first-time buyer or downsizerhoping to offset your mortgage by living in one unit while collecting rental income from the others, this property offers outstanding potential.Ideally situated close to shopping, schools, parks, transit, and all everyday amenities, with convenient access to Highway 403 for commuters.Opportunities to own a property like this are few and far between. (id:60164)
Does it have a basement, and is it finished?+
Yes — Finished, Full. A finished basement adds meaningful living space beyond the listed square footage.
What's the parking situation?+
This property includes 5 spaces.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,672, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Is 101-103 SARAH Street a good fit for a growing family?+
With 8 bedrooms and 4 bathrooms (2585 sq ft), there's room for kids plus a guest room or home office.
Is there air conditioning?+
Yes — central air conditioning, wall unit cooling is in place.
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