249 MURRAY Street

About this home

Freehold 6-unit mixed-use property on an oversized 130’ x 133’ lot at the intersection of Murray Street and Sheridan in Brantford’s East Ward. Three of six units currently occupied and generating income with a clear path to a 7.16% stabilized cap rate through lease-up of three vacant, move-in-ready commercial units — no renovation required. Occupied units include an established commercial laundromat tenant on the main floor, a gymnastics studio (1,972 sq ft facing Murray St), and two upper-level residential apartments (2-bed and 1-bed). Three vacant commercial units offer immediate value-add: Unit 4 (1,054 sq ft) features excellent street frontage ideal for retail, professional, or service use; Unit 6 (1,836 sq ft) offers large rear yard access, perfect for trades, contractors, or storage-dependent business. Two-storey building with ample on-site parking, high traffic visibility, and proximity to Hwy 403 and Brantford’s downtown revitalization corridor. Municipal water and sewer. Zoned H-C7-3. Full financial package including rent roll, lease terms, and pro-forma analysis available to qualified buyers upon execution of confidentiality agreement. Ideal for the investor seeking diversified revenue streams with built-in upside, or an owner-occupier looking to operate from one unit while collecting rent on the rest. (id:66966)

Details

Type

Other

Size

17491 sq ft

Basement

None

Property tax

$13,128

Neighbourhood

East Ward

Municipality

Brantford

Interior

Fireplace

No

Heating, cooling and services

Water and sewer

Municipal sewage system

Building and exterior

Building area

17,491 square feet

Location

Location is approximate. See nearby homes on the map