163 Bruce St
Brantford, N3S 4Z3
FOR SALE
$939,990
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4 + 4
BEDROOMS5
BATHROOMS2 + 1
KITCHENS12 + 6
ROOMSX9512311
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Property Description
9.38% CAPRATE Estimated! Legal 3-Unit Vacant Multi-Residential Property. The Best You Have Ever Seen. Easy $8,500+/month Rental Income. Minimal Expenses Under $1,000/m. Huge 3,123 Sqft Living Space. 3 Gas Meters. 3 Hydro Meters. 3 Water Meters. Triple Wide Driveway 3 Parking Spots . 3 Laundry Rooms, 3 Tankless Hot Water Heaters. 3 Kitchens. Never Lived in After Reno's. Start Fresh. Over $400k+ Spent in 2023 & 2024. City Completed Occupancy Permit. 3 ESA Certificates Completed. Total 8 Bedrooms & 5 Full Bathrooms. Unit 1 (2 Bed 2 Bath), Unit 2 (2 Bed 1 Bath), Unit 3 (4 Bed 2 Bath). 5 Year Warranty on All Kitchen & Appliances. 5 Year Warranty on All 3 Laundry Sets. Fully Fenced. Carpet Free. No Inside Common Areas. Basement Set Up to Rent as Room Rental. 3 Bathtubs & 2 Double Glass Stand-Up Showers. Steel Roof. Almost Everything You See, Touch, Feel is New (Flooring, Painting, Tiling, Kitchen Cabinets & Counters, Bathrooms, Drywall, Exhaust Fans, Baseboards & Trims, Light Fixtures, Potlights, Most Doors, Most Handles). New Major Works (Electrical, Plumbing, Water Lines, Plumbing, Structural Supporting, Insulation Top to Bottom). New 1" Water Service Line to the Property. New Outdoor Concrete. New Basement Entrance. New Custom Built Shed. Newly Landscaped Backyard With Huge Interlocking Patio Stone Area. New Almost Everything. Rent with Confidence to the Tenants of Your Choice and Make Positive Cashflow. Live in One Unit, Househack, Rent The Other Two Units And Live For Free. Walking Distance to Bus Stop. Worry Free, Headache Free, New & Inspected & Warranties Will Relieve You From Tons of Stress & Create a More Enjoyable Seemless & Hands-Off Passive Cashflow Positive Experience. Don't Miss Out on Adding This High Quality, Presentable, & Affordable Building to Your Portfolio, or as a Start to Your Portfolio, to Help You Set Your Self Up For Success.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-25 | 2024-10-24 | 29 | $1,099,000 | - | Terminated |
Extras
Great Rental Because it is Close to the Casino, Lynden Mall, Costco Warehouse & Gas Bar (OPENING Nov. 8, 2024), Schools, Trails, Downtown Brantford, Hospital, Parks, Community Centres & More.
Property Features
Hospital, Public Transit, School, School Bus Route
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Property Details
Street
City
Property Type
Triplex, 1 1/2 Storey
Approximate Sq.Ft.
1500-2000
Lot Size
33' x 125'
Acreage
< .50
Fronting
South
Taxes
$3,043 (2024)
Basement
Finished, Sep Entrance
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Ground | 9.97' x 9.06' | Vinyl Floor |
| Br | Ground | 10.79' x 9.06' | Vinyl Floor |
| Kitchen | Ground | 8.76' x 14.04' | Vinyl Floor |
| Br | 2nd | 15.91' x 12.70' | Vinyl Floor |
| Br | 2nd | 9.32' x 10.53' | Vinyl Floor |
| Kitchen | Ground | 12.83' x 11.88' | Vinyl Floor |
| Br | Bsmt | 11.94' x 13.68' | Vinyl Floor |
| Br | Bsmt | 10.10' x 10.43' | Vinyl Floor |
| Br | Bsmt | 10.10' x 10.47' | Combined W/Living |
| Br | Bsmt | 9.12' x 10.47' | Vinyl Floor |
| Kitchen | Bsmt | 14.34' x 11.94' |
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Brantford Market Statistics
Brantford Price Trend
163 Bruce St is a 4-bedroom 5-bathroom home listed for sale at $939,990, which is $340,046 (56.7%) higher than the average sold price of $599,944 in the last 30 days (November 17 - December 16). During the last 30 days the average sold price for a 4 bedroom home in Brantford declined by $239,056 (28.5%) compared to the previous 30 day period (October 18 - November 16) and down $204,989 (25.5%) from the same time one year ago.Inventory Change
There were 22 4-bedroom homes listed in Brantford over the last 30 days (November 17 - December 16), which is up 4.8% compared with the previous 30 day period (October 18 - November 16) and up 57.1% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Brantford typically sold ($13,144) (2.2%) below asking price over the last 30 days (November 17 - December 16), which represents a $28,756 increase compared to the previous 30 day period (October 18 - November 16) and ($13,018) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Brantford over the last 30 days (November 17 - December 16) stood at 40.9%, down from 57.1% over the previous 30 days (October 18 - November 16) and down from 107.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Brantford stood at 40 days when successfully sold over the last 30 days (November 17 - December 16), compared to 110 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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