135 SHERWOOD DRIVE, Brantford
$689,000
For sale: Multiplex
- Property type
- Fourplex
- Bedrooms / bathrooms
- 5 bedrooms, 4 bathrooms
- Living area
- 3,000 sqft
- MLS®
- MLS® X13654870
Fully tenanted 4-plex in the heart of Brantford presents a strong investment opportunity with multiple revenue streams. In addition to the 4 rental units, the property includes a 749 sqft. detached garage generating extra revenue as storage to 1 tenant. The property has a wide 100ft frontage providing for a possible severance zoned to accommodate a semi-detached building. This could possibly create 4 additional units. The garage has its own electricity meter and gas for heat and is also able to finished into another residential unit. The house has 4 rental units: Three 1-bedroom/1-bath and one 2-bedroom+ den/1-bath. The building has Coin-operated laundry facilities and ample parking for tenants having enough room for 20+ vehicles. Gas furnace provides heating while 3 water heaters service the different units. Another key factor of this property is the opportunity to rezone all of it- if you were to demolish the building the zoning would change from the grandfathered residential into commercial. With its combination of residential income and commercial/development potential, this property is a perfect addition to any investment portfolio.
Sold data
Multiplex homes in Brantford — recent sold market
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 69 days.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.
- Median days to sell
- 32
- Median sale price
- $599,900
- Sale-to-list ratio
- 96.0%
- Sold above asking
- 7%
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
Schools in Brantford
Brantford has 43 Fraser Institute–rated schools (38 elementary and 5 secondary), averaging 4.4/10.
- Rated schools
- 43
- Elementary
- 38
- Secondary
- 5
- Average rating
- 4.4 / 10
Top-rated schools in Brantford
- St. Peter — elementaryFraser rating 7.6/10
- Assumption — secondaryFraser rating 6.9/10
- St Gabriel — elementaryFraser rating 6.9/10
- St. John's — secondaryFraser rating 6.6/10
- Fairview — elementaryFraser rating 6.3/10
- North Park — secondaryFraser rating 6.3/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 135 SHERWOOD DRIVE
$635,000
Multiplex5+441,500–2,000 sqft133 DUNDAS STREET W, Thamesford, Zorra
$689,000
Multiplex6434 YOUNG Street, Woodstock - South, Woodstock
$699,000
Multiplex631,500–2,000 sqft114 PEARL STREET, Brantford
$699,399
Multiplex7+132,500–3,000 sqft106 HIGH STREET, South F, London South
$649,900
Detached622,000–2,500 sqft196 KING STREET, 451 - Downtown, St. Catharines
$857,000
Detached5+241,500–2,000 sqft17 GREENFIELD COURT, South X, London South
$920,000
Detached5+142,500–3,000 sqft57 CHEEVERS ROAD, Brantford
$648,999
Detached5+221,100–1,500 sqft434720 WEST HILL LINE, Beachville, South-West Oxford