16 Terrace Hill Street Brantford, Ontario N3R 1E9

8 Bedroom 4 Bathroom 2256
Ductless, Wall Unit Baseboard Heaters, Forced Air


Welcome home to 16 Terrace Hill Street, a well maintained and updated 4-plex multi-unit investment property with a generous lot frontage that consists of one 3-bedroom unit, two 2-bedroom units, and one 1-bedroom unit. Set your own rents! Two units (units 3 & 4) have been completely redone (including plumbing & electrical) in 2023 and are vacant & ready for new tenants. The remaining two units are successfully leased with great tenants. Lower unit is equipped with laundry facility, Second floor unit has laundry provisions, main floor and third floor unit has no laundry. Laundry provisions roughed in at detached garage. A detached garage and Two driveways offer ample parking (7 spaces total). Updates include: Units 3 & 4 are completely renovated, 2nd & 3rd floor windows replaced (2023), Hydro updated June 2023 to separate panels, Waterlines replaced (2023), Carrier HVAC updated (approx 2015) heats and cools main & lower units, Roof (2012/2021), Back deck (2021). Located in the family friendly neighbourhood of Terrace Hill neighbourhood, close to excellent schools, public transit, shopping and all amenities! Incredible opportunity for a turn key investment at 6.8% cap rate! (id:40058)

Property Details

MLS® Number 40472025
Property Type Multi-family
Amenities Near By Hospital, Park, Public Transit, Schools, Shopping
Equipment Type Water Heater
Parking Space Total 7
Rental Equipment Type Water Heater


Bathroom Total 4
Bedrooms Total 8
Basement Development Finished
Basement Type Full (finished)
Cooling Type Ductless, Wall Unit
Exterior Finish Brick
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Baseboard Heaters, Forced Air
Stories Total 3
Size Interior 2256
Type Fourplex
Utility Water Municipal Water


Detached Garage


Acreage No
Land Amenities Hospital, Park, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 150 Ft
Size Frontage 60 Ft
Size Total Text Under 1/2 Acre
Zoning Description R4b (24u), Rc



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