$1,399,900
For sale: Multiplex

Incredible 8-unit apartment building in immaculate condition!! Excellent return from a great unit mix consisting of 3 x 2-Br Units, 3 x 1-Br Units, 2 x 3-Br Units. Located on a quiet residential street in a desirable neighborhood in the heart of south-central Brantford, northeast of the downtown core and only a few blocks from City Hall, Wilfrid Laurier University and Conestoga College, which makes for easy renting. Great tenants, sufficient onsite parking, onsite laundry room. With a Walk Score of 82 (Very Walkable), daily errands are a breeze without needing a car. A rare opportunity to acquire a meticulously maintained multi-residential asset in a high-demand rental market.
Sold data
Multiplex homes in Brantford took a median of 32 days to sell over the last 730 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 78, across 45 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 69 days.
The median sale price was $599,900.
Homes sold for about 4.0% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
Based on 45 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Brantford has 43 Fraser Institute–rated schools (38 elementary and 5 secondary), averaging 4.4/10.
School ratings from the Fraser Institute's Ontario school report cards.
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