Brantford
Brantford
Listed For $974,999
Get Pre-approvedTerminated Apr 2024
Exceptional investment opportunity in Brantford! This property presents a prime chance for development and cash flow in a rapidly growing city. Featuring an existing duplex in top condition with market rents and a serviced lot approved for three additional units, this property allows for a total of five units upon completion, offering substantial revenue potential. With CMHC financing available post-construction, investors can employ a near-perfect BRRRR strategy to refinance most of their capital out while still maintaining positive cash flow. Approvals for severance and minor variances have been secured. Preliminary house concepts, cost estimates, and a CMHC proforma, is available. The existing legal duplex is turn-key, with two well-maintained units featuring separate laundry facilities
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