71 John Street E, Bradford West Gwillimbury, Ontario L3Z 1G3

Listed for:
$1,480,000
13 beds
5 baths
Listed 31 days ago
Other for rent: 71 John Street E, Bradford West Gwillimbury, Ontario L3Z 1G3

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About

John Street/Colborne Street Turn-key six-unit investment property in the heart of Bradford West Gwillimbury, offering approximately $88,000 in-place NOI with a clear path to roughly $110,000 - about a 25% lift - as two below-market suites turn over to market. One 3-bedroom and five 2-bedroom apartments, five of six fully modernized within the last three years to contemporary standards.Significant recent capital investment: renovated suites, newly re-done driveway and retaining wall, and full fire-code compliance - a stabilized, low-management holding for a passive investor. On-site coin laundry provides ancillary income, and the oversized lot delivers parking for 8+ vehicles, a rare and valuable feature for a multi-residential asset of this size.Walking distance to the Barrie GO line for direct rail to Union Station, and to downtown Bradford's shops, restaurants and everyday amenities. Positioned on the Highway 400 corridor between Vaughan and Barrie in one of Simcoe County's fastest-growing communities, where sustained population growth and roughly 3% area vacancy continue to drive rental demand.A broad-appeal suite mix that supports stable income through the cycle, paired with genuine turnover upside - an efficient, well-improved opportunity for investors seeking in-place yield plus a defined growth path in the northern GTA rental market. (id:27476)

Property Highlights

MLS® Number
N13474990
Type
Multi-family
Community Name
Bradford
Land Size
50 x 156.8 FT|under 1/2 acre
Parking Space Total
8

Building

Building Type
Other
Storeys
2.50
Square Footage
3000 - 3500 sqft
Bathrooms Total
5
Bedrooms Above Ground
13
Bedrooms Total
13
Amenities
Park, Public Transit, Schools
Exterior Finish
Brick
Fireplace Present
No
Basement Type
N/A, N/A
Basement Features
Apartment in basement, Separate entrance
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Window air conditioner

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

Bedroom
Basement
3 m x 4 m
Bedroom
Main level
3 m x 4 m
Bedroom
Upper Level
3 m x 4 m

Location

Learn more about this property
More info:
Sutton Group Innovative Realty Inc.
MLS® number:
N13474990
Agent:
Darya Strilyana
Phone:
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