9 LINDEN AVENUE

Rare opportunity to acquire a well-maintained 25-unit multi-residential apartment building on approximately 0.83 acres in Brantford. The property consists of 24 one-bedroom suites plus one one-bedroom + den, with 16 of the 25 units fully renovated since 2020, including updated appliances, fixtures and plumbing. Current residential rents total approximately $31,545/month ($378,540/year), with approximately $35,472 in identified annual rental upside as below-market units turn over. Additional laundry income is approximately $4,000/year. All suites are individually metered for electricity and water, creating further operating efficiency as legacy tenancies turn over. Major capital improvements include a TPO roof installed in 2016 and inspected in 2025, upgraded electrical panels, suite metering, water shut-off valves, a fire alarm panel replaced in 2024, and a remote-viewing security system. The property includes owned refrigerators and stoves for all 25 suites, two owned commercial hot water tanks, laundry equipment and other building equipment. Strong opportunity for investors seeking stable existing income with meaningful long-term rental and operational upside. Buyer to verify all measurements, zoning, income, expenses and property information. (id:67197)

Price

$4,999,999

Property Type

Multi-family

Transaction Type

For sale

Bathrooms

25

Parking

25

MLS® Number

X13709336

Interior Size

34848 sqft

Building Type

Multi-Family

Bathrooms

25

Cooling

None

Fireplace

No

Heating

Baseboard heaters

Interior Size

34848 sqft

Water

Municipal water

Size Frontage

32 ft ,3 in

Size Depth

305 ft ,6 in

Acreage

No

• Irregular lot size