Legal Triplex In Brantford! Assigned

  • $720,000
  • 5 beds
  • 3 baths
If you are looking for a multi-unit property to buy and hold for the long term, then look no further – This is your chance to acquire a legal triplex for the price of a single-family home!
This large, well-maintained triplex is centrally located near the downtown core in a nice tree-lined street, and is only minutes away from the city centre, hospitals, WLU & Conestoga Brantford. With $750+/month in positive cash flow, this property is a great addition for any investor looking to add a solid legal multiplex to their portfolio. There’s lots of potential to add value with a cosmetic update – all the mechanicals/roofs have already been taken care of in the last 6 years.
With one unit coming vacant, this is also a great opportunity for a First-time buyer/end-user to house hack – move into the vacant unit and have your tenants pay off your mortgage! This is also a perfect opportunity for an investor to refresh the unit and set market rents.
Closing is January 19th, 2022


  • All brick Detached Legal Triplex
  • Unit 1: 2 bedroom,1 bath, living room, kitchen -will come VACANT for the new owner
  • Unit 2: 2 bedroom,1 bath,living room,kitchen + laundry+access to basement for storage
  • Unit 3: Bachelor, 1 bath + Balcony
  • Current rent: $3593/month in rent all inclusive($1500, $1300, $793) – ⅔ units under market value.
  • All 3 units can eventually use a facelift after which rents will be over $4000. Not required right now as the property will cash flow $750+/month as is!!.
  • Lot: 29.3ft x 73ft – irregular lot
  • 3 parking spots
  • New Roof in 2015
  • New Windows in 2016
  • Furnace less than 6 years old
  • HWT rental($39/month)
  • Property Tax: 3362/yr
  • Buyer to assume tenants in 2 units – working professionals with demonstrated payment history.
  • Solid location with all-inclusive rents making this property very rentable. The current owner has never faced vacancy issues.


  • Purchase Price: $720,000
  • Down Payment(20%): $144,000
  • Expenses:
  • Mortgage @ 1.80% (30yr am): $2070
  • Prop. taxes: $280/month
  • Utilities: $347/month
  • (Gas – $96.25 ,Hydro & Water- $212 HWT- $39 )
  • Insurance: $120/month
  • Total Rent: $3593/month
Cash Flow: $776/month
If you are interested and serious, please contact Paul if you have any questions.
We will also consider offers sight unseen!
Please do not go directly to the address.
Realtors, add your commission amount and bring us a buyer!
Text Paul
  • With the following information:
  • 1) Offer price
  • 2) Deposit amount
  • 3) Name and Email
Brant Ave & Henrietta St
Brantford, Ontario
Assignment of Contract
Property Type:

Call (647) 955 2561 for more details

Property Location

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(647) 955 2561