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135 SHERWOOD Drive

135 SHERWOOD Drive

Brantford, Ontario

5 bed • 4 bath • Multi-family

$689,000

Fully tenanted 4-plex in the heart of Brantford presents a strong investment opportunity with multiple revenue streams. In addition to the 4 rental units, the property includes a 749 sqft. detached garage generating extra revenue as storage to 1 tenant. The property has a wide 100ft frontage providing for a possible severance zoned to accommodate a semi-detached building. This could possibly create 4 additional units. The garage has its own electricity meter and gas for heat and is also able to finished into another residential unit. The house has 4 rental units: Three 1-bedroom/1-bath and one 2-bedroom+ den/1-bath. The building has Coin-operated laundry facilities and ample parking for tenants having enough room for 20+ vehicles. Gas furnace provides heating while 3 water heaters service the different units. Another key factor of this property is the opportunity to rezone all of it- if you were to demolish the building the zoning would change from the grandfathered residential into commercial. With its combination of residential income and commercial/development potential, this property is a perfect addition to any investment portfolio.

Price History

Schools

Elementary

  • Agnes Hodge Public School1.1 km

    Public · Grand Erie DSB · 715 students

    Grade 3 reading: 60% met the provincial standard · Grade 6 math: 23% met the provincial standard

  • ÉÉC Sainte-Marguerite-Bourgeoys-Brantfrd1.2 km

    French Catholic · CS catholique MonAvenir · 205 students

    Grade 3 reading: 59% met the provincial standard · Grade 6 math: 18% met the provincial standard

  • Dufferin Public School1.3 km

    Public · Grand Erie DSB · 315 students

    Grade 3 reading: 74% met the provincial standard · Grade 6 math: 42% met the provincial standard

Secondary

  • Brantford Collegiate Institute and Vocational School1.3 km

    Public · Grand Erie DSB · 1155 students

    Grade 10 literacy: 80% met the provincial standard

  • Assumption College School High School1.8 km

    Catholic · Brant Haldimand Norfolk CDSB · 1865 students

    Grade 10 literacy: 91% met the provincial standard

  • St. Mary Catholic Learning Centre2.5 km

    Catholic · Brant Haldimand Norfolk CDSB

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 N3T

Population
37,406
Private dwellings
14,602
Median age
38.8
Average household size
2.6
Median household income
$86,000

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
$594,000
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

$137,800

Estimated Monthly Payment

$3,385

Investment Analysis

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

Mortgage: $3,385/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $172/mo

Estimates only. Consult a financial advisor.

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