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15 days on Market

81 East Ave, Brantford, Ontario N3S 3L6

$644,900
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Detached
1
1
~2145 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$300/sqft

Est. Mortgage$2,770/mo

Tax Amount (2024)$3,479/yr

Days On Market15 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

StyleTwo Story
View-
Age of property-
SqFt~2145 SqFt
Lot Size-
Parking Spaces2
MLS ®Number40672550
Community NameEast Ward
Data SourceITSO

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air
Basement: Partial, Unfinished

Main Floor

Kitchen

3.66 x 3.66

Living Room

3.05 x 3.66

Bedroom

3.35 x 2.74

Bathroom

4-Piece


Features

Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

Now
ListedFor Salefor$644,900Active
15 days on market
Listing by itso®
history photo preview18
Now
ListedFor Salefor$644,900Active
22 days on market
Listing by itso®
history photo preview18
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Property listed by Royal LePage Action Realty, Brokerage
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