4 Bedroom
2 Bathroom
2,585 sqft
Bungalow
Central Air Conditioning
Forced Air
$819,000
Rare investment opportunity! Welcome to this side-by-side bungalow triplex offering exceptional versatility and an impressive approximate 7.5% cap rate. The property features two original 2-bedroom, 1-bath units, each with a crawl space, plus a newly constructed (2022) 4-bedroom, 2-bath unit complete with a full basement. All three units are currently tenanted on month-to-month leases, providing immediate income with future flexibility. Each unit has been tastefully updated with modern finishes, is completely carpet free, and offers a functional layout that appeals to today's tenants and homeowners alike. Whether you're a savvy investor looking to expand your portfolio or a first-time buyer or downsizer hoping to offset your mortgage by living in one unit while collecting rental income from the others, this property offers outstanding potential. Ideally situated close to shopping, schools, parks, transit, and all everyday amenities, with convenient access to Highway 403 for commuters. Opportunities to own a property like this are few and far between. (id:56248)
Property Details
|
MLS® Number
|
40848933 |
|
Property Type
|
Single Family |
|
Amenities Near By
|
Park, Place Of Worship, Public Transit, Schools |
|
Community Features
|
Community Centre, School Bus |
|
Equipment Type
|
Water Heater |
|
Features
|
Sump Pump |
|
Parking Space Total
|
5 |
|
Rental Equipment Type
|
Water Heater |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Above Ground
|
2 |
|
Bedrooms Below Ground
|
2 |
|
Bedrooms Total
|
4 |
|
Architectural Style
|
Bungalow |
|
Basement Development
|
Finished |
|
Basement Type
|
Full (finished) |
|
Construction Style Attachment
|
Detached |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Brick, Vinyl Siding |
|
Foundation Type
|
Poured Concrete |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
1 |
|
Size Interior
|
2,585 Sqft |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Land
|
Access Type
|
Road Access |
|
Acreage
|
No |
|
Land Amenities
|
Park, Place Of Worship, Public Transit, Schools |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
40 Ft |
|
Size Frontage
|
120 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
Rc |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Basement |
Utility Room |
|
|
9'10'' x 9'6'' |
|
Basement |
Family Room |
|
|
11'6'' x 9'11'' |
|
Basement |
Bedroom |
|
|
10'8'' x 11'0'' |
|
Basement |
3pc Bathroom |
|
|
6'2'' x 6'9'' |
|
Basement |
Bedroom |
|
|
10'10'' x 10'2'' |
|
Main Level |
Living Room |
|
|
11'0'' x 11'8'' |
|
Main Level |
Eat In Kitchen |
|
|
11'5'' x 9'5'' |
|
Main Level |
4pc Bathroom |
|
|
5'2'' x 9'1'' |
|
Main Level |
Primary Bedroom |
|
|
10'10'' x 10'2'' |
|
Main Level |
Bedroom |
|
|
11'8'' x 9'1'' |
https://www.realtor.ca/real-estate/30044663/101-103-sarah-street-brantford