Excellent investment opportunity at 9-11 Hart Street! This well-maintained triplex features a desirable unit mix of one one-bedroom, one two-bedroom, and one three-bedroom suite, offering an attractive 6.2% cap rate at the asking price. The property has benefited from extensive capital improvements, including a new roof with 50-year shingles (2020), significant interior renovations throughout all three units, updated kitchens, flooring, electrical improvements, masonry and exterior repairs, and plumbing upgrades. Additional improvements include central air conditioning at 11 Hart, exterior deck and stair upgrades, and ongoing mechanical maintenance. Each unit is separately metered for hydro, with the three-bedroom suite benefiting from dedicated basement laundry facilities. Offering a combination of strong in-place returns, substantial recent improvements, and a versatile unit mix, this property presents an attractive opportunity for investors seeking a stabilized multifamily asset with limited immediate capital requirements.
Address
11 Hart Street
List Price
$799,000
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Triplex
Style of Home
2-Storey
Transaction Type
Sale
Area
Brant
Sub-Area
Brantford Twp
Bedrooms
5
Bedrooms (Total)
5
Rooms Above Grade
18
Bathrooms
4
Floor Area
2500-3000 Sq. Ft.
Lot Depth
78.67
Lot Size Units
Feet
Lot Width
65.17
Parcel Number
321590045
Occupant Type
Tenant
Cross Street
West St & Grey St
MLS® Number
X13883690
Listing Brokerage
EXP REALTY
Basement Area
Unfinished
Postal Code
N3T 3S9
Parking Places (Total)
3
Parking Spaces
3
Tax Amount
$4,600.00
Tax Year
2025
Interior Features
Separate Hydro Meter, Ventilation System
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Other
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
None
Construction Materials
Brick
Direction Faces
West
Fireplace
No
Foundation Details
Concrete
Garage
No
Garage Type
None
Kitchens Total
3
Kitchens Above Grade
3
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
LTS 6 & 7, PL 343 ; BRANTFORD CITY
Waterfront
No
Waterfront
None
Sewer
Sewer