190 Sheridan Street, Brantford ON

About 190 Sheridan Street

Excellent opportunity to acquire a solid fourplex with positive cashflow and Approximately 7.1% Caprate with future upside. This detached, fully brick two-storey property with rear extension offers approximately 2,980 sq. ft. above grade, plus an unfinished basement, on a large 52 x 160 ft. lot. The building features four above-grade units, including two 2-bedroom units on the ground floor and two 1-bedroom units on the second floor. There is also a large shared storage room with potential to be converted into a common laundry area. The property includes separate hydro meters, 4 parking spots and has been professionally maintained previously. Current total rent is $64,707, with expenses of $13,084, resulting in net operating income of $51,623. Significant improvements have been completed in recent years, including a new furnace in 2025, updated kitchens, new flooring, painting, drywall repairs, bathroom renovations, and more. Large shared backyard that is fully fenced at the back, lots of potential for accessory or additional storage use. Very Close to Downtown to Wilfred Laurier University, Conestoga College, Casino, TD Civic Centre, Harmony Square, the Downtown Strip & More. Close to Bus-Stops, Laundromats, Parks, Trails, Schools, Library & More. One of the Best Multi-Residential Properties in the City Offering All Solid Fundamentals, Great to Add to Your Investment Portfolio (id:56071). Get more information on 190 Sheridan Street

Property Features

Features:  Southern exposure, Paved driveway
Rental Equipment:  Water Heater
Directions:  Hwy 403 to Brantford, Exit on Wayne Gretzky & Head South, Right (West) on Elgin St, Left on Murray St (South), Right (West) on Sheridan St.
Zoning Description:  NLR (F9 A270 C40)
Interior Size:  2980 sqft
Fence:  Partially fenced
Access:  Road access
Lot:  under 1/2 acre
Exterior Finish:  Brick
Water:  Municipal water, Municipal sewage system
Heating / Cooling:   Natural gas / None
Age:  1890
Constructed Date:  1890
Basement:  Partial (Unfinished) Unfinished

Rooms & Sizes