Welcome to 165 Sydenham St - a prime investment opportunity with significant income potential! This unique property is currently configured as five units, with (3) three of the (5) five units vacant and the possibility of having All Five (5) vacant upon the closing date for prospective buyers. Generating an annual income of $54,360, this property has the potential to reach $84,120 per year with the vacant units leased, making it a true income-generating powerhouse. Nestled on over half an acre of land with a 254 ft deep, L-shaped lot backing onto a ravine, this property offers no rear neighbours and is ideal for future development. A detached, heated workshop on-site is currently rented and could be converted into a garden suite/ADU, providing even more cash flow options. Whether you're an investor seeking strong rental income or a family interested in multi-generational living, 165 Sydenham St offers the flexibility and space to suit your needs. Centrally located with easy access to shopping, amenities, and public transit, this property combines convenience with opportunity. Don't miss out on this exceptional chance to invest in a property with development potential, vacant units ready for tenants, and incredible income prospects! Contact us today to explore this one-of-a-kind opportunity.
MLS# | 40628211 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1890 |
Days On Site | 101 |
Listing Provided By | Rock Star Real Estate Inc., Brokerage | Dan Jarnevic |
Bed(s) | 4 |
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Bath(s) | 5 |
SQ Feet | 2,210 |
Basement | Y |
Story(s) | 2 |
Units | 5 |
Zoning | RC |
Acreage | 0.57 |
Province | ON |
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County | Brantford |
City | Brantford |
Postal Code | N3R 3Z1 |
Area | 2040 Terrace Hill | E & N Wards |
Subarea | 2041 Terrace Hill |
Community Name | 2041 Terrace Hill |
Listing VS Median (in 2041 Terrace Hill) | |
Price: $699,900 low | high Med: $599,900 SqFt: 2,210 low | high Med: 2,255 $ / SqFt: $317 low | high Med: $266 On Site: 101 low | high Med: 156.000000 |