- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 40757671
- Photos (21)
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RENOVATED FOURPLEX on DOUBLE LOT with TONS of UPDATES. Market Rents with 6% Cap-Rate. Tenants pay Heat, Hydro & Water. UPDATED Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Approx $300k in upgrades. Turnovers would simply be a clean and fresh paint. All units re-rented to highly vetted tenants with no legacy tenants. Introducing a prime investment opportunity located at the corner of Mary and Peel: a brick 4-plex boasting an extra-large lot for potential expansion. While it may not be suitable for severance, there's room for growth, possibly transforming it into a 7-plex. Don't miss out on this investment opportunity with potential for growth and increased profitability. Located in a well-established neighborhood, residents benefit from proximity to local amenities such as shops, restaurants, and parks, fostering a convenient and comfortable lifestyle.
- Property Type:
- Commercial Sale
- Property SubType:
- Mixed, Building and Land
- Listing General Location:
- 2045 - East Ward, 2040 - Terrace Hill/E & N Wards
- Bedrooms:
- 0
- Bathrooms:
- - (Full:-/Half:-)
- Washrooms:
- 4
- Lot Details:
- 92 x 64
- Lot Depth:
- 64'
- Lot Frontage:
- 92'
- Frontage Type:
- North
- Kitchens:
- 0
- County Or Parish:
- Brantford
- Taxes:
- Signup
- Features:
- Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
- Construction:
- Brick
- Basement:
- Full
- Foundation:
- Concrete Block, Stone
- Number of Storeys:
- 2
- Total Floor Area:
- 3,207 sq. ft.
- Fireplace:
- false
- Water Supply:
- Municipal
- Sewer:
- Sewer (Municipal)
- See Schedule B
- See Schedule B
- false
- No
- Corner of Mary and Peel
- No
- Carbon Monoxide Detector(s)
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Association Fee 2:
- Signup
- Association Fee 2 Frequency:
- Signup
- Administrative Fee:
- Signup
- Features:
- Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
- Road Access Fee:
- Signup
- Insurance Expense:
- $2,640
- Expenses:
- Estimated
- Net Income:
- $71,710
- Zoning:
- RC
- Exposure / Faces:
- East
- Lot Site Features:
- Ample Parking, Schools
- Features:
- Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
- # Of Total Parking Spaces:
- 8.0
- # Of Open Parking Spaces:
- 8.0
- # Commercial Doors:
- 0
- Num Apartment Units:
- 0
- Num Bachelor Units:
- 0
- Num Efficiency Units:
- 0
- Num Loft Units:
- 0
- Num Other Units:
- 0
- Num Penthouse Units:
- 0
- Num Residential Units:
- 4
- Num Studio Units:
- 0
- Total Units:
- Signup
- Listed Date:
- Aug 08, 2025
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Virtual Tour 2
Additional Photos
Listed by EXP REALTY OF CANADA INC
Data was last updated August 23, 2025 at 05:50 PM (UTC)
Area Statistics
- Listings on market:
- 25
- Avg list price:
- $849,000
- Min list price:
- $498,900
- Max list price:
- $10,999,999
- Avg days on market:
- 65
- Min days on market:
- 15
- Max days on market:
- 162
- Avg price per sq.ft.:
- $281.08
These statistics are generated based on the current listing's property type
and located in
2040 - Terrace Hill/E & N Wards. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- MARK MAGA
- ROYAL LEPAGE STATE REALTY INC.
- 1 (905) 6166821
- Contact by Email
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