13 SHERIDAN STREET, Brantford, Ontario
$469,900
- 6 Beds
- 3 Baths
13 Sheridan Street is a classic piece of Brantford history that has stood the test of time since 1880. This aluminum-sided triplex is located in a great spot where tenants can easily walk to shops, parks, and city bus routes. Each of the three units has 2 bedrooms, which is a popular size for people looking to live in this busy area. This property is a steady performer that is already making money for its owner with a solid 4% cap rate. The building is set up to help keep the owner's job simple. The units have their own separate hydro meters. One unit uses gas heat while the other two use electric heat. The middle unit currently has its utilities included in the rent, and the landlord pays for the hot water heaters. This setup provides a mix of predictable income and established management that works well for a local investor. Because it is so close to downtown, it is easy to keep these units filled. The property comes with long-term tenants who have lived there for a while, providing a very steady start for a new owner. If you are looking for an investment that is already up and running in a convenient location, 13 Sheridan Street is a great choice. It is a straightforward way to grow your portfolio in a part of the city that people always need. (id:50212)
- Listing ID: X12898984
- Property Type: Multi-family
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Listing provided by ROYAL LEPAGE ACTION REALTY
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 13 SHERIDAN STREET in Brantford Ontario. It was last modified on March 19th, 2026. Contact The TanTeam to schedule a viewing or to discover other Brantford real estate for sale.