Welcome to this stunning fully renovated 24-unit , six storey apartment building with market rents. This building has been turned over with 21 of the units fully renovated with upgrades including a full electrical upgrade with separately metered hydro in every unit. Ductless spilts providing heat and air-conditioning. Also secondary heat in all rooms with electrical baseboard. All 21 of the renovated units have brand new kitchens and stainless steel appliances. Quartz counter tops, designer backsplash, new flooring , paint, lighting, paint, all new doors and fully renovated bathrooms. the underground garage features a heated driveway, remote entry and rentable spots. All common areas have new flooring, baseboards, lights and security cameras installed throughout. The elevator is frequently maintained and has been completely remodelled inside. Added income with coin operated laundry and over 20 extra storage units built for tenants. Additional annual income form Rogers with cellular towers on top of building. The building is situated on a desirable corner lot, close to hospital, shopping, grocery restaurants, and bus routes. Not only is this an amazing opportunity, the sellers have secured a large assumable (for qualified buyers) CMHC mortgage at 3.75% for 10 years fixed with 40 year amortization. The current process for the CMHC could be up to two years which makes this assumable mortgage very desirable for any buyer. Please contact the listing agent for all info. (id:4555)
PROPERTY SPECS
Listing ID 40510960
Address 65 ST. GEORGE Street
City Brantford, ON
Price $6,995,000
Bed / Bath 24 / 24 Full
Construction Aluminum siding, Brick
Status For sale
EXTENDED FEATURES
Year Built1965AppliancesGarage door openerBasementFullBasement DevelopmentPartially finishedParking24Amenities NearbyHospital, Park, Playground, Public Transit, Schools, ShoppingFeaturesAutomatic Garage Door Opener, Laundry- Coin operated, Paved driveway, Shared DrivewayOwnershipFreeholdCoolingDuctlessFire ProtectionSecurity systemFoundationPoured ConcreteHeatingBaseboard heatersHeating FuelElectricUtility WaterMunicipal waterDate Listed2023-11-09 21:01:24Days on Market191Parking24