Hassan Nouman
135 Sherwood Drive, Brantford, ON N3T 1N8, Brantford, ON
+7 photos
$799,900

135 Sherwood Drive, Brantford, ON N3T 1N8, Brantford, ON

Brantford, ON N3T 1N8
5 beds 4 baths Fourplex

About this home

This tenanted 4-plex presents a fantastic investment opportunity with multiple revenue streams. In addition to the four rental units, the property includes an additional re-zoned lot, offering even more potential for future development or severance. Key Features: 4 rental units: Three 1-bedroom/1-bath units and one 2-bedroom + den unit. Additional income: A 749 sq/ft garage that generates extra revenue. Shared amenities: Coin-operated laundry facilities and ample parking for tenants. Heating: Gas heating in 3 units and electric heating in Unit 1. With its combination of residential and commercial potential, this property is a perfect addition to your portfolio. The seller has not lived on the property and makes no warranties or representations.

Property Score

46/ 100
Overall Property Score
fair

A blend of both buyer and investor metrics.

Score breakdown
Walkability
55/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
50/100fair
GO Transit, LRT, and bus access from this neighborhood.
Schools
65/100good
Based on local school rankings (Fraser Institute proxy).
Affordability
124% of city avgfair
Priced above Brantford's average of $645,000.
Appreciation Trend
+1.4%/yrgood
Brantford has seen +1.4% YoY price change.
Monthly Cash Flow
-$2,606/mopoor
Estimated -$2,606/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
1.70%poor
Net operating income divided by purchase price.
Basement Suite Potential
Not viablepoor
This property type typically can't add a basement suite.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X12883888
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.

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