$1765.80 Per Sq Foot $2,550 est/mo Sourced by Back At You

108 Elgin Street,Brantford, ON N3S 5A3

Brantford ON, N3S 5A3

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Description

Introducing 108 Elgin, a gem located in the dynamic mix of residential and industrial zones. This dual-zoned (C7 and RIC) property has been extensively updated, including electrical systems, ceilings, plumbing, walls, flooring, and exterior features. These enhancements render it highly adaptable for various business opportunities. Its prime location ensures easy access to downtown areas and major highways. Currently, it hosts a successful Fish and Chip take-out restaurant, with a tenant in place on a 2-year lease, contributing $2000 monthly. Tenants are responsible for their own utility costs and cover 50% of the property taxes. The property also includes five parking spaces for convenience. A significant aspect of this property is the potential for development; city regulations allow for a two-storey secondary commercial unit of up to 225 square meters on the rear lot. Additionally, there exists the possibility to request a zoning change to residential, offering further development opportunities.

Details

MLS#40608783
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site27
Listing Provided ByReal Broker Ontario Ltd. | Rebecca Johnson

Features

SQ Feet269
BasementY
Story(s)1
ZoningC7, R1C
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 5 minutes ago
ProvinceON
CountyBrantford
CityBrantford
Postal CodeN3S 5A3
Area2040 Terrace Hill | E & N Wards
Subarea2045 East Ward
Community Name2045 East Ward
Listing VS Median (in 2045 East Ward)
Price:
$475,000
low | high
Med:
$499,919
44.753894736842% of Average
SqFt:
269
low | high
Med:
691
100% of Average
$ / SqFt:
$1,766
low | high
Med:
$723
100% of Average
On Site:
27
low | high
Med:
19.000000
100% of Average
Sourced by Back At You
Listing Updated: June 24, 2024 at 10:59:40 AM PDT