This is your chance to purchase a vacant duplex in one of the hottest real estate and growth markets in Ontario! This property boasts tons of potential with exceptionally large units, 100ftx150ft lot size, an unfinished and dry basement with high basement height and separate entrance, and vacancy to immediately renovate and set your own rents. In close vicinity (Approx. 2km away) there is a sub-division with many new developments and where average property prices over the past 6 months were approximately $1mil.
Take advantage of this undervalued and vacant duplex immediately ready for “forced appreciation” renovations. There is a subdivision within 2km where the past 10 transactions average home sale prices were $1mil. Thus, this location is attractive to future developers as development in Brantford moves west. As this area continues to be re-developed, this property has great immediate and future potential. This property is located in a quiet/rural area of Brantford and is a 7 minute walk from the Brantford Municipal airport and is only a 2 minute drive to the nearest public school.
This property requires cosmetic renovations to modernize the interior aesthetic. Moreover, there is a basement with large basement height (approx. 7ft buyer to confirm), large unfinished square footage and a separate entrance allowing for potential to create a 2 or 3 bedroom in-law suite.
The suburban detached market in the Brantford is hot! Get your hands on a vacant, detached multi-family property with great flipping, BRRRR, buy-and-hold and long-term upside potential today!