65 GEORGE Street, Brantford ON N3T 2Y3 Photo 1

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65 GEORGE Street - Totally renovated church (2011), steps from Laurier main campus, this student residence has 43 rooms, divided into 3 & 4 bedroom condos with separate batrhooms and living rooms. Fully rented on 12 & 8 month leases for 2019 & 2020. Cap rate approx 6.24%. A great investment opportunity. Rent increase for next year is 2%.

Property Details

  • ID: 30742853
  • Status: Active with Contingency
  • New Construction: No
  • Lot Size: 0.00 x 198.00
  • Property ID: 101435524
  • Storeys: 0
  • Living Area: 20,000
  • County: Brantford
  • Style: Other
  • Parking Type Description: Other 21 cars
  • Lot Area: 0.50 Acres
  • Neighbourhood: Downtown Core

Features

Air Conditioning Type Yes
Features Area Influences Public Transit
Garage Type None
Heat Type Electric Forced Air
Other Water Expense - 4023.56, Water - Municipal, Use - Apts-13 To 20 Units, Total Area Code - Acres, Sq Ft Range - 10,000+, Sprinklers - Yes, Sewers - Sanitary & Storm, Rail - No, Property Type - Commercial, Property Sub Type - Investment, Occupancy - Tenant, Lot Front - 198.00, Lot Depth - 0.00, Location - Urban, Industrial Area Code - Sq. M. Divisible, Freestanding Y/N - 1, Franchise Y/N - 0, Chattels Y/N - 1, Category - Apartment, Basement Y/N - 1, Air Conditioning - Central Air
Listed By John Dignan of CENTURY 21 Professional Group Inc., Brokerage*