81 East Ave, Brantford, Ontario N3S 3L6
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
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Price/Sqft$300/sqft
Est. Mortgage$2,770/mo
Tax Amount (2024)$3,479/yr
Days On Market45 days
Description
AFFORDABLE HOUSING! This is a triplex. If you have a client that wants to live in this building in unit 1, the rents from the other 2 tenants will pay the whole mortgage!!! The buyer can legally issue an N11 to the tenant in unit 1 informing them he is moving into that apartment. $50 k down leaves a $600k mortgage payment of ($600k x$5/ $1000 (4%) $3000). The rents from the other 2 apt are $1333 and $1600. That's $2933 to pay the mortgage. The tenants pay their own utilities. So the buyers monthly cost is Insurance and Taxes. You cant get more affordable than that. Also the back apt was just renovated in 2024. 2 of the gas furnaces were just put in in 2023 and 2024.
Property Details
Interior
Features
Main Floor
Kitchen
3.66 x 3.66Living Room
3.05 x 3.66Bedroom
3.35 x 2.74Bathroom
4-Piece
Exterior
Features
Parking
Garage spaces -
Garage type -
Total parking spaces 2
