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Strong 7.43% cap rate with excellent upside potential. Large lot with private parking and separately metered units. Mix of spacious 2 bedroom and 1 plus den layouts. Extensively renovated between 2022 and 2025. Multiple complete kitchen renovations featuring new cabinets, quartz countertops, backsplashes, sinks, faucets, and stainless steel appliances. Multiple full bathroom renovations including new plumbing, flooring, drywall, vanities, toilets, and tiled tub and shower combinations. New flooring installed throughout several units along with fresh paint and updated light fixtures. Fourteen new windows installed across multiple units. Approximately 50 percent of the roof re shingled in 2022 with the remaining portion previously updated. Two new 1.5 ton air conditioning units installed in 2022. Major plumbing upgrade in 2022 with removal of old cast iron drain line and replacement with new ABS main drain from rear to front of property. Driveway and parking area re gravelled in 2023. 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Two units currently vacant with another becoming available, offering immediate opportunity to increase rents and further improve returns. Prime location close to downtown amenities, transit, and major corridors. 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Excellent income profile with projected annual income of $57,654.72 and net income of $44,284.74. Ideal opportunity for investors seeking solid cash flow with quality tenants already in place.  Garage income projected at $300 per month adds further upside potential. Extensive capital improvements have been completed. In 2021 Unit 1 underwent a full renovation including a modern kitchen with new flooring, cabinetry, stainless steel appliances, and quartz countertops. The bathroom was fully updated with new flooring, toilet, reglazed tub, tiled surround, and new plumbing fixtures. Six new windows were installed and electrical wiring was updated with a new panel. The laundry room was fully upgraded in 2021 with new wiring, plumbing for a laundry sink, new appliances, new doors, new window, and a newly enclosed basement entry. In 2023 all four electrical meters were replaced and relocated. In 2024 Unit 3 received a full bathroom renovation with new flooring, toilet, vanity, and shower enclosure. Additional upgrades included new flooring throughout the kitchen and living room, fresh paint, new light fixtures, and updated kitchen appliances, countertop, sink, and faucet. Unit 2 received a new refrigerator and new bathroom window in 2024. Well maintained building with strong mechanical updates and continued care. Prime location close to amenities, transit, and major routes. Turnkey multi residential investment with stable income and future growth potential.","PropertyType":"Multi-3 Unit","PropertyStyle":"other","listedOn":1772427600,"sortByDateTime":1772427600,"BrokeredBy":["Century 21 Heritage House Ltd"],"Details":{"Bathrooms":3,"Bedrooms":4,"Community":"East Ward","CommunityCode":2045,"LandSize":"50.07 x 95.05 FT | < 0.5 acres","CentralAC":false,"Water":"Municipal","GarageType":"Detached Garage","ParkingPlaces":5,"BedroomsAboveGround":4,"BedroomsBelowGround":0,"YearBuilt":0,"YearBuiltOptional":"","Extras":"Microwave","HeatingType":"Radiant","Exterior":"Brick","Basement":"Partial, Partially Fi","AnnualPropertyTaxes":3857.91,"MLSDistrict":false,"PossessionDate":false,"ExerciseGym":false,"ParkingDrive":false,"Use":false,"Employees":false,"FrontFootage":false},"Rooms":[],"OpenHouse":[],"Keywords":"Legal triplex in Brantford offered at $659,000 with a strong 6.7% cap rate. 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This designated heritage triplex sits on the edge of the downtown core, directly beside the iconic Bell Memorial and steps from major new residential developments approved and under construction. The area is undergoing significant transformation, with substantial public and private investment including the new sports and entertainment complex and expanded post-secondary institutions. This is a location positioned for long-term growth, traffic, and visibility. The building is currently configured as a 3-level residential triplex with one unit per floor. The main level is vacant and ready for immediate occupancy. The upper two units are rented, providing income in place. Three on-site parking spaces plus ample street parking support both residential or commercial use. Zoning is highly flexible. Under the current by-law the property is C2. Under the new zoning it falls within the Upper Downtown designation. Both allow a broad range of commercial and residential uses. 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