261 Elgin Street Brantford, Ontario

11 Bedroom 8 Bathroom 4302
Forced Air


Great solid purpose built 4 Plex right in front of the Arrowdale Golf Course in Brantford. Centrally located with 5 Mins to HWY 403, Major shopping Mall nearby, bus routes, schools, and 6 mins to Laurier University. Currently has 1 -3 Bed unit, 2 -2 Bed Units and 1 apartment with 4 rooms (like bachelor units - 3 of 4 currently vacant with 4th unit moving out soon) with full bathrooms in each unit, common kitchen, common bathroom and common living room. Upgrades include 4 Separate Hydro meters, many newer windows and much more. Additionally, there is a vacant large attached garage with office. Great potential in the basement to develop into additional units or coin laundry or storage. Sky is the limit! Buyer to do own due diligence on future uses. This is a money maker with great future potential. Current gross income is over $82k per year with under market rents. Schedule your viewing today! GROSS RENTAL INCOME: $82,800 TAXES: $4,387.77 INSURANCE: $2000. EXPENSES: $12,387.77 (id:28103)

Property Details

MLS® Number 40257801
Property Type Multi-family
Amenities Near By Golf Nearby, Park, Public Transit, Schools, Shopping
Equipment Type None
Features Park/reserve, Golf Course/parkland
Parking Space Total 8
Rental Equipment Type None


Bathroom Total 8
Bedrooms Total 11
Basement Development Unfinished
Basement Type Full (unfinished)
Constructed Date 1950
Construction Style Attachment Detached
Exterior Finish Brick, Vinyl Siding
Fire Protection Unknown
Heating Type Forced Air
Stories Total 2
Size Interior 4302
Type Fourplex
Utility Water Municipal Water


Attached Garage


Access Type Highway Access, Highway Nearby
Acreage No
Land Amenities Golf Nearby, Park, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 132 Ft
Size Frontage 57 Ft
Size Irregular 0.18
Size Total 0.18 Ac|under 1/2 Acre
Size Total Text 0.18 Ac|under 1/2 Acre
Zoning Description R2, R4a



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