Investors: Get $2,568/mo revenue on a $199,900 ask Kitchener Ontario N3S 4E2

Investor needs to sell due to personal circumstances and seeks a relatively fast close. This is a Brantford property, currently rented to students (adhering to all local by-laws and safety codes). It is a cash cow and has been well maintained.

Cap rate at asking price is >11%

Brantford is ranked as #5 top towns to invest in Ontario by several investment research firms and multiple newspapers. It is expected to have significant value appreciation over the next 5 years due to the Toyota plant being built 20 minutes away in Woodstock and several other local growth factors.

It is unlikely that this deal will last long so a fast response is recommended.