Sold conditionally
61 days on Market

254 Darling St, Brantford, Ontario N3R 0A2

Detached
3 + 1
2
~1500-2000 sqft
$524,900
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Detached
3 + 1
2
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$306/sqft

Est. Mortgage$2,254/mo

Tax Amount (2024)$2,635/yr

Days On Market61 days


Description

Grand VACANT duplex in the heart of Brantford on an extra deep 132' lot! 254 Darling Street is a welcomeaddition to any investor's portfolio, as a house-hacking option or to provide an in-law suite for a familymember. A front and rear setup where this duplex offers a full sized 2 storey 3 bed, 1 bath unit in the front(w/ basement storage) and a two level oversized bachelor in the rear w/ updated finishes. Units includeseparate hydro meters & are uniquely connected at the interior basement level also maintaining separate hotwater heaters with a sump pump. Generating projected monthly rents of $3400 ($2200-main, $1200-rear)while passing on utilities to tenants with an estimated positive cash flow position of ~$900 with 20% down.This property offers plenty of upside with the ability to consider building out a garage suite or to convert themain house into a 4 bedroom unit using the large dining room on the main floor. Great cash flowing assetwith ADU upside potential in a declining interest rate environment where rental rates are stable and graduallyclimbing! Property is a must see!


Property Details

Style2-Storey
View-
Age of property100+
SqFt~1500-2000 SqFt
Lot Size3,927 SqFt(132 x 29.75)
Parking Spaces3
MLS ®NumberX9419818
Community NameEast Ward
Data SourceTRREB
Listing byREVEL REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Sep Entrance, Unfinished

Features

Lot size: 3,927 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 2

Total parking spaces 3


Property listed by REVEL REALTY INC., Brokerage
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Population and Demographics

Overview

Total population 8202
Average household income $81,869

Age (%)

20 to 34
26%
50 to 64
21%
0 to 19
20%
35 to 49
18%
65 and plus
14%

Household composition (%)

Single family
53%
Single person
39%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
92%
Others
5%
French
1%

House tenancy (%)

Renters
52%
Owners
48%

Schools and amenities

Estimated Budget