169 DARLING Street, Brantford, Ontario, N3S3W5
MLS: 40817185 | Fourplex (Freehold)
$799,000
Property Description
Welcome to 169 Darling Street, a solid and well-maintained four-plex offering an excellent investment opportunity with immediate rental income. This fully tenanted property provides reliable cash flow while still offering future upside potential for investors looking to further improve the net operating income. The building features a durable and attractive restored brick exterior and sits on a rare double lot, providing ample on-site parking for tenants. Major updates have already been completed, including a newer roof, replacement windows, updated plumbing and electrical systems, and upgraded HVAC components, offering peace of mind and reduced maintenance for years to come. The property is also equipped with interconnected smoke alarms, enhancing safety and compliance. Two of the four units have been thoughtfully renovated within the past few years, showcasing modern updates that appeal to today’s tenants. Additionally, the property benefits from owned water heaters, helping to keep operating expenses manageable. With half of the units currently on updated rents and the remaining units presenting future rental growth potential, there is clear opportunity to further enhance the property’s income and overall return. Ideally located close to shopping, public transit, schools, and everyday amenities, 169 Darling Street is well-positioned to attract and retain tenants. With its strong income profile, attractive cap rate potential, and value-add opportunities, this turnkey four-plex is a compelling addition to any real estate portfolio. (id:64974)
Quick Facts
- Property Type: Fourplex (Freehold)
- Bedrooms: 0
- Bathrooms: 0
- Living Area: 1,800 sq ft (167.2 m²)
- Above Grade: 1,800 sq ft (167.2 m²)
- Year Built: 1881
- Ownership: Freehold
- Attached: Yes
- Parking: 6.0 spaces (Open)
- Lot Size: 0.2600 acres (0.11 ha)
- Frontage: 85 ft (25.9 m)
Costs
- Annual Taxes: $3,964.00
Listing Provided by: Pay It Forward Realty
Board: Brantford Regional Real Estate Assn Inc
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air, Natural gas
- Cooling: None
- Basement: Finished, Full
Exterior & Construction
- Exterior: Brick
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Lot Size: 0.2600 acres (0.11 ha)
- Frontage: 85 ft (25.9 m)
- Features: Paved driveway
- Zoning: C3-1
Community & Neighbourhood
- Subdivision: 2045 - East Ward
Listing Information
Listing History
MLS listing activity for 169 DARLING Street, Brantford, Ontario, N3S3W5 — dates reflect when changes were recorded in the DDF
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
Nearby Homes ?Nearby Homes — Search CriteriaSearch Radius1 kmPrice Range±5%Match BedroomsYesMatch BathroomsYes
2 - 158 DARLING STREET, Brantford
Fourplex$1,700/mo
Listing Courtesy of TESA REAL ESTATE INC.
174-176 DARLING STREET, Brantford
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$5,532/yr taxListing Courtesy of CENTURY 21 HERITAGE HOUSE LTD
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219 DALHOUSIE STREET, Brantford
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$2,904/yr taxListing Courtesy of RE/MAX Escarpment Golfi Realty Inc.
129-131 MARKET Street, Brantford
Multi-family$1,199,000
$9,917/yr taxListing Courtesy of RE/MAX Escarpment Golfi Realty Inc.
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$3,000/yr taxListing Courtesy of RE/MAX TWIN CITY REALTY INC.
41 WELLINGTON Street, Brantford
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$13,219/yr taxListing Courtesy of Re/Max Twin City Realty Inc
38 NELSON Street, Brantford
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$3,000/yr taxListing Courtesy of Re/Max Twin City Realty Inc
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Listing Courtesy of RE/MAX PROFESSIONALS INC.
Similar Homes ?Similar Homes — Search CriteriaSearch Radius5 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes
135 SHERWOOD DRIVE, Brantford
Fourplex$799,900
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Similar Properties ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes
135 SHERWOOD DRIVE, Brantford
Fourplex$799,900
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#UPPER - 29 PONTIAC STREET, Brantford
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#LOWER - 29 PONTIAC STREET, Brantford
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2 - 158 DARLING STREET, Brantford
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112 - 24 HARRIS AVENUE, Brantford
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169 DARLING Street, Brantford, Ontario, N3S3W5