Rare opportunity to acquire a well-maintained 25-unit multi-residential apartment building on approximately 0.83 acres in Brantford. The property consists of 24 one-bedroom suites plus one one-bedroom + den, with 16 of the 25 units fully renovated since 2020, including updated appliances, fixtures and plumbing. Current residential rents total approximately $31,545/month ($378,540/year), with approximately $35,472 in identified annual rental upside as below-market units turn over. Additional laundry income is approximately $4,000/year. All suites are individually metered for electricity and water, creating further operating efficiency as legacy tenancies turn over. Major capital improvements include a TPO roof installed in 2016 and inspected in 2025, upgraded electrical panels, suite metering, water shut-off valves, a fire alarm panel replaced in 2024, and a remote-viewing security system. The property includes owned refrigerators and stoves for all 25 suites, two owned commercial hot water tanks, laundry equipment and other building equipment. Strong opportunity for investors seeking stable existing income with meaningful long-term rental and operational upside. Buyer to verify all measurements, zoning, income, expenses and property information.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
34848 sq. ft. Square Feet
Total Area:
34,848 sq. ft.3,237 m2
Lot Depth:
305'7"93.1 m
Lot Frontage:
32'4"9.85 m
Lot Shape:
Irregular
Bathrooms:
25.0
Water supply:
Municipal
Zoning:
R4B
Heating type:
Baseboard
Garage:
Outside/Surface
Parking Spaces:
25
Possession Details:
Flexible / To Be Arranged
HST Applicable To Sale Price:
Not Subject to HST
Development Charges Paid:
Unknown
Type Taxes:
Annual
Taxes:
$38,494 /
2025
Assessment:
$- /
-
Brantford
Brantford
No
Service contracts may include superintendent, garbage collection, snow/lawn maintenance, WiFi and other operating services. Buyer to review contracts and assume only if agreed.
25 refrigerators, 25 stoves, 2 coin-operated washers, 2 coin-operated dryers, 2 owned commercial-grade gas hot water tanks, surveillance/security system, snow blower, lawnmower and other owned building equipment.
Tenants' personal property and any items owned by service providers or contractors, if any.
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