13 Bedroom
6 Bathroom
3,000 - 3,500 ft2
Window Air Conditioner
Forced Air
$1,424,900
Fully leased six-unit investment property in central Bradford West Gwillimbury, generating in-place NOI of $101,942 (a 7.15% cap rate at list price), supported by a certified rent roll and certified income and expense statement. One 3-bedroom and five 2-bedroom suites, five of six fully renovated to modern standards within the last three years. Two suites were recently re-leased, and the one remaining original suite is rented well below market, offering further upside on natural turnover.Significant capital already invested: renovated suites, a new driveway, retaining wall and rear parking lot, on-site coin laundry for ancillary income, and full fire-code compliance. The 7,933 SF R2-zoned lot (50 x 156.75 ft) provides parking for 8+ vehicles.Walking distance to downtown Bradford's shops and services and minutes from the Barrie GO line, with direct rail service to Union Station. Located on the Highway 400 corridor between Vaughan and Barrie in one of Simcoe County's fastest-growing communities.Stabilized income today with a defined value-add path. A well-improved asset for investors seeking yield in the northern GTA rental market. (id:50033)
Property Details
|
MLS® Number
|
N13474990 |
|
Property Type
|
Multi-family |
|
Community Name
|
Bradford |
|
Amenities Near By
|
Park, Public Transit, Schools |
|
Community Features
|
School Bus |
|
Parking Space Total
|
8 |
|
Structure
|
Shed |
Building
|
Bathroom Total
|
6 |
|
Bedrooms Above Ground
|
13 |
|
Bedrooms Total
|
13 |
|
Appliances
|
Water Heater |
|
Basement Features
|
Apartment In Basement, Separate Entrance |
|
Basement Type
|
N/a, N/a |
|
Cooling Type
|
Window Air Conditioner |
|
Exterior Finish
|
Brick |
|
Flooring Type
|
Hardwood, Laminate |
|
Foundation Type
|
Block |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
3 |
|
Size Interior
|
3,000 - 3,500 Ft2 |
|
Type
|
Other |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Park, Public Transit, Schools |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
156 Ft ,9 In |
|
Size Frontage
|
50 Ft |
|
Size Irregular
|
50 X 156.8 Ft |
|
Size Total Text
|
50 X 156.8 Ft|under 1/2 Acre |
|
Zoning Description
|
R2 |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Basement |
Bedroom |
3 m |
4 m |
3 m x 4 m |
|
Main Level |
Bedroom |
3 m |
4 m |
3 m x 4 m |
|
Upper Level |
Bedroom |
3 m |
4 m |
3 m x 4 m |
Utilities
|
Cable
|
Installed |
|
Electricity
|
Installed |
|
Sewer
|
Installed |
https://www.realtor.ca/real-estate/29937021/71-john-street-e-bradford-west-gwillimbury-bradford-bradford