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190 Sheridan Street Brantford, Ontario N3S 4P8

6 Bedroom 4 Bathroom 2500 - 3000 sqft
None Baseboard Heaters, Forced Air, Not Known

$729,000

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. (id:61852)

Property Details

MLS® Number X13136188
Property Type Multi-family
AmenitiesNearBy Public Transit, Schools, Park
CommunityFeatures School Bus
EquipmentType Water Heater
ParkingSpaceTotal 4
RentalEquipmentType Water Heater

Building

BathroomTotal 4
BedroomsAboveGround 6
BedroomsTotal 6
Age 100+ Years
Amenities Separate Electricity Meters
Appliances Stove, Refrigerator
BasementDevelopment Unfinished
BasementType Partial (unfinished)
CoolingType None
ExteriorFinish Brick
FoundationType Stone, Concrete
HeatingFuel Electric, Natural Gas
HeatingType Baseboard Heaters, Forced Air, Not Known
StoriesTotal 2
SizeInterior 2500 - 3000 Sqft
Type Fourplex
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
FenceType Fenced Yard
LandAmenities Public Transit, Schools, Park
Sewer Sanitary Sewer
SizeDepth 160 Ft
SizeFrontage 52 Ft
SizeIrregular 52 X 160 Ft
SizeTotalText 52 X 160 Ft
ZoningDescription Nlr (f9 A270 C40)

Rooms

Level Type Dimensions
Second Level Bedroom 5 3 m x 2.3 m
Second Level Kitchen 2.7 m x 2.7 m
Second Level Kitchen 2 m x 2.8 m
Second Level Kitchen 2.5 m x 3 m
Ground Level Bedroom 3 m x 3 m
Ground Level Bedroom 2 3.2 m x 3 m
Ground Level Bedroom 3 2.5 m x 2.4 m
Ground Level Bedroom 4 2.5 m x 2.3 m
Ground Level Kitchen 2.2 m x 2.4 m
Ground Level Kitchen 2.2 m x 3 m

https://www.realtor.ca/real-estate/29761786/190-sheridan-street-brantford

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Ammar Kailani
Broker


Right At Home Realty
480 Eglinton Ave West
Mississauga, Ontario L5R 0G2

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