190 SHERIDAN Street, Brantford, Ontario, N3S4P8
MLS: 40830387 | Fourplex (Freehold)
$729,000
Property Description
Excellent opportunity to acquire a solid fourplex with positive cashflow and Approximately 7.1% Caprate with future upside. This detached, fully brick two-storey property with rear extension offers approximately 2,980 sq. ft. above grade, plus an unfinished basement, on a large 52 x 160 ft. lot. The building features four above-grade units, including two 2-bedroom units on the ground floor and two 1-bedroom units on the second floor. There is also a large shared storage room with potential to be converted into a common laundry area. The property includes separate hydro meters, 4 parking spots and has been professionally maintained previously. Current total rent is $64,707, with expenses of $13,084, resulting in net operating income of $51,623. Significant improvements have been completed in recent years, including a new furnace in 2025, updated kitchens, new flooring, painting, drywall repairs, bathroom renovations, and more. Large shared backyard that is fully fenced at the back, lots of potential for accessory or additional storage use. Very Close to Downtown to Wilfred Laurier University, Conestoga College, Casino, TD Civic Centre, Harmony Square, the Downtown Strip & More. Close to Bus-Stops, Laundromats, Parks, Trails, Schools, Library & More. One of the Best Multi-Residential Properties in the City Offering All Solid Fundamentals, Great to Add to Your Investment Portfolio
Quick Facts
- Property Type: Fourplex (Freehold)
- Bedrooms: 6
- Bathrooms: 4
- Living Area: 2,980 sq ft (276.9 m²)
- Above Grade: 2,980 sq ft (276.9 m²)
- Year Built: 1890
- Ownership: Freehold
- Attached: Yes
- Parking: 4.0 spaces
- Frontage: 52 ft (15.8 m)
- Basement: Unfinished, Partial
Costs
- Annual Taxes: $4,486.44
Detailed Features
Interior & Systems
- Heating: Forced air, Natural gas
- Cooling: None
- Basement: Unfinished, Partial
Exterior & Construction
- Exterior: Brick
- Fencing: Partially fenced
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Frontage: 52 ft (15.8 m)
- Features: Southern exposure, Paved driveway
- Zoning: NLR (F9 A270 C40)
Community & Neighbourhood
- Subdivision: 2045 - East Ward
Listing Information
Listing History
MLS listing activity for 190 SHERIDAN Street, Brantford, Ontario, N3S4P8 — dates reflect when changes were recorded in the DDF
Location & Neighborhood
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Mortgage & Cost Calculators
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190 SHERIDAN Street, Brantford, Ontario, N3S4P8