$799,000
For sale: Multiplex

Welcome to 169 Darling Street, a solid and well-maintained four-plex offering an excellent investment opportunity with immediate rental income. This fully tenanted property provides reliable cash flow while still offering future upside potential for investors looking to further improve the net operating income. The building features a durable and attractive restored brick exterior and sits on a rare double lot, providing ample on-site parking for tenants. Major updates have already been completed, including a newer roof, replacement windows, updated plumbing and electrical systems, and upgraded HVAC components, offering peace of mind and reduced maintenance for years to come. The property is also equipped with interconnected smoke alarms, enhancing safety and compliance. Two of the four units have been thoughtfully renovated within the past few years, showcasing modern updates that appeal to today’s tenants. Additionally, the property benefits from owned water heaters, helping to keep operating expenses manageable. With half of the units currently on updated rents and the remaining units presenting future rental growth potential, there is clear opportunity to further enhance the property’s income and overall return. Ideally located close to shopping, public transit, schools, and everyday amenities, 169 Darling Street is well-positioned to attract and retain tenants. With its strong income profile, attractive cap rate potential, and value-add opportunities, this turnkey four-plex is a compelling addition to any real estate portfolio.
Sold data
Multiplex homes in Brantford took a median of 33 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 44 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 68 days.
The median sale price was $609,900.
Homes sold for about 3.9% below asking on average, so there was room to negotiate.
About 5% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
Based on 44 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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