42
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Est. payment /mo
13 Beds
5 Baths
New
71 John ST E Bradford West Gwillimbury, ON L3Z 1G3
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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
Property Sub-Type Multiplex
Property Description
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.
Location
Province ON
County Simcoe
Area Simcoe
Zoning R2
Rooms
Family Room Yes
Basement Apartment, Separate Entrance
Kitchen 6
Interior
Interior Features Other
Cooling Window Unit(s)
Inclusions All ELF, Furnaces, Water Heaters, Outdoor Structures, Fire Safety System.
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 50.0
Lot Depth 156.75
Total Parking Spaces 8
Building
Foundation Block
Others
Senior Community No
ParcelsYN No
Listed by VANGUARD REALTY BROKERAGE CORP.
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