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$ 1,424,900
Est. payment /mo
Active
71 John ST E Bradford West Gwillimbury, ON L3Z 1G3
13 Beds
6 Baths
7,759 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision Bradford
MLS Listing ID N13474990
Style 2 1/2 Storey
Bedrooms 13
Annual Tax Amount $7,928
Tax Year 2025
Lot Size 7,759 Sqft
Property Sub-Type Multiplex
Property Description
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.
Location
Province ON
County Simcoe
Area Simcoe
Rooms
Family Room Yes
Basement Apartment, Separate Entrance
Kitchen 6
Interior
Interior Features Other
Heating Yes
Cooling Window Unit(s)
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Pool None
Waterfront Description None
Roof Type Asphalt Shingle
Lot Frontage 50.0
Lot Depth 156.75
Total Parking Spaces 8
Building
Unit Features Park,Public Transit,School,School Bus Route
Foundation Block
Others
ParcelsYN No
Listed by VANGUARD REALTY BROKERAGE CORP.