$4,999,999
Available - For Sale
Listing ID: X13709336
9 Linden Avenue , Brantford, N3S 7E3, Brantford
| Rare opportunity to acquire a well-maintained 25-unit multi-residential apartment building on approximately 0.83 acres in Brantford. The property consists of 24 one-bedroom suites plus one one-bedroom + den, with 16 of the 25 units fully renovated since 2020, including updated appliances, fixtures and plumbing. Current residential rents total approximately $31,545/month ($378,540/year), with approximately $35,472 in identified annual rental upside as below-market units turn over. Additional laundry income is approximately $4,000/year. All suites are individually metered for electricity and water, creating further operating efficiency as legacy tenancies turn over. Major capital improvements include a TPO roof installed in 2016 and inspected in 2025, upgraded electrical panels, suite metering, water shut-off valves, a fire alarm panel replaced in 2024, and a remote-viewing security system. The property includes owned refrigerators and stoves for all 25 suites, two owned commercial hot water tanks, laundry equipment and other building equipment. Strong opportunity for investors seeking stable existing income with meaningful long-term rental and operational upside. Buyer to verify all measurements, zoning, income, expenses and property information. |
| Price | $4,999,999 |
| Taxes: | $38494.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 9 Linden Avenue , Brantford, N3S 7E3, Brantford |
| Postal Code: | N3S 7E3 |
| Province/State: | Brantford |
| Legal Description: | PT ONEIDA MISSION SCHOOL LT BRANTFORD CI |
| Directions/Cross Streets: | WAYNE GRETZKY PKWY & COLBORNE ST E |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - Over 20 Units |
| Building Percentage: | T |
| Total Area: | 34848.00 |
| Total Area Code: | Square Feet |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Water Expense: | $16708 |
| Net Income Before Debt: | $275269 |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | No |
| Washrooms: | 25 |
| Outside Storage: | T |
| Rail: | N |
| Crane: | F |
| Heat Type: | Baseboard |
| Central Air Conditioning: | No |
| Sewers: | Sanitary+Storm |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CENTURY 21 ATRIA REALTY INC. |
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Arthur Sercan & Jenny Spanos
Sales Representative
Dir:
416-723-4688
Bus:
416-445-8855
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Brantford |
| Municipality: | Brantford |
| Neighbourhood: | Dufferin Grove |
| Tax: | $38,494 |
| Baths: | 25 |
| Fireplace: | N |
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