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220 NELSON Street

220 NELSON Street

Brantford, Ontario

4 bed • 3 bath • Multi-family

$659,999

Legal triplex in Brantford offered at $659,000 with a strong 6.7% cap rate. Excellent income profile with projected annual income of $57,654.72 and net income of $44,284.74. Ideal opportunity for investors seeking solid cash flow with quality tenants already in place. Garage income projected at $300 per month adds further upside potential. Extensive capital improvements have been completed. In 2021 Unit 1 underwent a full renovation including a modern kitchen with new flooring, cabinetry, stainless steel appliances, and quartz countertops. The bathroom was fully updated with new flooring, toilet, reglazed tub, tiled surround, and new plumbing fixtures. Six new windows were installed and electrical wiring was updated with a new panel. The laundry room was fully upgraded in 2021 with new wiring, plumbing for a laundry sink, new appliances, new doors, new window, and a newly enclosed basement entry. In 2023 all four electrical meters were replaced and relocated. In 2024 Unit 3 received a full bathroom renovation with new flooring, toilet, vanity, and shower enclosure. Additional upgrades included new flooring throughout the kitchen and living room, fresh paint, new light fixtures, and updated kitchen appliances, countertop, sink, and faucet. Unit 2 received a new refrigerator and new bathroom window in 2024. Well maintained building with strong mechanical updates and continued care. Prime location close to amenities, transit, and major routes. Turnkey multi residential investment with stable income and future growth potential.

Price History

Schools

Secondary

  • St. Mary Catholic Learning Centre0.5 km

    Catholic · Brant Haldimand Norfolk CDSB

  • St. Mary Catholic Learning Centre Day0.5 km

    Catholic · Brant Haldimand Norfolk CDSB · 135 students

    Grade 10 literacy: 70% met the provincial standard

  • Grand Erie Learning Alternatives0.9 km

    Public · Grand Erie DSB · 145 students

Elementary

  • King George School0.5 km

    Public · Grand Erie DSB · 370 students

    Grade 3 reading: 76% met the provincial standard · Grade 6 math: 16% met the provincial standard

  • Major Ballachey Public School0.8 km

    Public · Grand Erie DSB · 310 students

    Grade 3 reading: 35% met the provincial standard · Grade 6 math: 22% met the provincial standard

  • Central Public School0.8 km

    Public · Grand Erie DSB · 210 students

    Grade 3 reading: 57% met the provincial standard · Grade 6 math: 23% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N3S

Population
27,527
Private dwellings
12,070
Median age
39.2
Average household size
2.4
Median household income
$68,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Multi-family in Brantford · last 12 months

Median sold price
$592,076
Homes sold
898
Median days on market
25
Sale-to-list price
98.2%

Based on 898 recorded sales of multi-family properties in Brantford over the last 12 months.

Location

Mortgage Calculator

$132,000

Estimated Monthly Payment

$3,242

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $3,242/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $165/mo

Estimates only. Consult a financial advisor.

R

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