396 Oxford Avenue Crystal Beach, Ontario L0S 1B0


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7 Bedroom 3 Bathroom 3200
Window Air Conditioner Baseboard Heaters, Forced Air


Location, location, location! Amazing opportunity for a triplex on a double lot with a 2 car garage! This investment really is ideal. Large units in a solid building, moments from the beach, restaurants and shopping. Main floor features a large 3 bedroom apartment that is currently vacant. Both upper apartments are spacious and feature 3rd floor walkups and 2 bedrooms each. Each with their own hydro meter. Lower unit also has gas with a gas forced air furnace. This triplex has been maintained well, and is solid with a newer roof. With some updating this property could be really awesome and very easy to rent. Large detached 2 car garage provides additional rental opportunity or added benefit for owner and/or tenant. This would make a great opportunity to owner occupy the main floor and have 2 tenants assist with paying the mortgage! Even to use the main floor as a summer getaway and have the rent subsidize it? A perfect way to start your real estate portfolio! Lower unit is currently vacant and has been owner occupied in the past. Expenses show account for the hydro and gas bills for this unit which in theory, could be the responsibility of the next tenant, reducing expenses even further. Upper rear rent has the hydro included, although it does have a separate meter. Current cap rate projected to be 6.3% once main floor is occupied. The rental market remains strong, and Crystal Beach is an area experiencing a rejuvenation, so this may be an opportunity you've been waiting for? (id:48305)

Property Details

MLS® Number 40381781
Property Type Multi-family
Amenities Near By Beach, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Community Features School Bus
Features Park/reserve, Beach, Paved Driveway
Structure Porch


Bathroom Total 3
Bedrooms Total 7
Appliances Water Meter
Basement Development Unfinished
Basement Type Crawl Space (unfinished)
Constructed Date 1921
Construction Material Wood Frame
Cooling Type Window Air Conditioner
Exterior Finish Aluminum Siding, Metal, Vinyl Siding, Wood, Hardboard
Fire Protection Smoke Detectors
Foundation Type Block
Heating Fuel Electric, Natural Gas
Heating Type Baseboard Heaters, Forced Air
Stories Total 2
Size Interior 3200
Type Triplex
Utility Water Municipal Water


Detached Garage


Access Type Road Access
Acreage No
Land Amenities Beach, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 85 Ft
Size Frontage 69 Ft
Size Total Text Under 1/2 Acre
Zoning Description R2b


Cable Available
Electricity Available
Natural Gas Available
Telephone Available


*All information provided by the Brantford Regional Real Estate Association (BRREA) and ITSO for the highest sales volume and highest number of completed transactions since January 1, 2015. All Brantford MLS® House Listings come from the various systems operated by Real Estate Boards and Associations across Canada. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used underlicense. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.



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