Asking Price:
$1,424,900
Ref# N13474990
Available for Sale » Residential | Multiplex
71 John E Street (John Street/Colborne Street)
Bradford, Bradford West Gwillimbury
71 John E Street (John Street/Colborne Street)
Bradford, Bradford West Gwillimbury
Fully leased six-unit investment property in central Bradford West Gwillimbury, generating in-place NOI of $101, 942 (a 7.15% cap rate at list price ), supported by a certified rent roll and certified income and expense statement. One 3-bedroom and five 2-bedroom suites, five of six fully renovated to modern standards within the last three years. Two suites were recently re-leased, and the one remaining original suite is rented well below market, offering further upside on natural turnover.Significant capital already invested: renovated suites, a new driveway, retaining wall and rear parking lot, on-site coin laundry for ancillary income, and full fire-code compliance. The 7, 933 SF R2-zoned lot (50 x 156.75 ft ) provides parking for 8+ vehicles.Walking distance to downtown Bradford's shops and services and minutes from the Barrie GO line, with direct rail service to Union Station. Located on the Highway 400 corridor between Vaughan and Barrie in one of Simcoe County's fastest-growing communities.Stabilized income today with a defined value-add path. A well-improved asset for investors seeking yield in the northern GTA rental market.
Property Features
- Bedroom(s): 13
- Bathroom(s): 6
- Kitchen(s): 6
- Total Room(s): 24
- Estimated annual taxes: $7928.12
- Square footage: 3000-3500
- Basement: Apartment,Separate Entrance
- Multiplex / Multiplex
- Garage Type: None
- Garage Spaces: None
- Parking Drive Spaces: 8
- Parking/Drive: Private
- Occupancy: Tenant
FEATURES
- Family Room
- Park
- Public Transit
- School
- School Bus Route
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Fully leased six-unit investment property in central Bradford West Gwillimbury, generating in-place NOI of $101, 942 (a 7.15% cap rate at list price ), supported by a certified rent roll and certified income and expense statement. One 3-bedroom and five 2-bedroom suites, five of six fully renovated to modern standards within the last three years. Two suites were recently re-leased, and the one remaining original suite is rented well below market, offering further upside on natural turnover.Significant capital already invested: renovated suites, a new driveway, retaining wall and rear parking lot, on-site coin laundry for ancillary income, and full fire-code compliance. The 7, 933 SF R2-zoned lot (50 x 156.75 ft ) provides parking for 8+ vehicles.Walking distance to downtown Bradford's shops and services and minutes from the Barrie GO line, with direct rail service to Union Station. Located on the Highway 400 corridor between Vaughan and Barrie in one of Simcoe County's fastest-growing communities.Stabilized income today with a defined value-add path. A well-improved asset for investors seeking yield in the northern GTA rental market.
The above information is deemed reliable, but is not guaranteed. Search facilities other than by a consumer seeking to purchase or lease real estate, is prohibited.
Request More Information
We only collect personal information strictly necessary to effectively market / sell the property of sellers,
to assess, locate and qualify properties for buyers and to otherwise provide professional services to
clients and customers.
We value your privacy and assure you that your personal information is safely stored, securely transmitted, and protected. I/We do not sell, trade, transfer, rent or exchange your personal information.
All fields are mandatory.
Request More Information
We only collect personal information strictly necessary to effectively market / sell the property of sellers,
to assess, locate and qualify properties for buyers and to otherwise provide professional services to
clients and customers.
We value your privacy and assure you that your personal information is safely stored, securely transmitted, and protected. I/We do not sell, trade, transfer, rent or exchange your personal information.
All fields are mandatory.
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Property Rooms
| Floor | Room | Dimensions | Description |
| Upper | Bedroom | 3 x 4 | Hardwood Floor |
| Main | Bedroom | 3 x 4 | Hardwood Floor |
| Basement | Bedroom | 3 x 4 | Laminate |
Appointment Request
We only collect personal information strictly necessary to effectively market / sell the property of sellers,
to assess, locate and qualify properties for buyers and to otherwise provide professional services to
clients and customers.
We value your privacy and assure you that your personal information is safely stored, securely transmitted, and protected. I/We do not sell, trade, transfer, rent or exchange your personal information.
All fields are mandatory.
Appointment Request
We only collect personal information strictly necessary to effectively market / sell the property of sellers,
to assess, locate and qualify properties for buyers and to otherwise provide professional services to
clients and customers.
We value your privacy and assure you that your personal information is safely stored, securely transmitted, and protected. I/We do not sell, trade, transfer, rent or exchange your personal information.
All fields are mandatory.