81 East Ave, Brantford, Ontario N3S 3L6

This is a great way to get into owning real estate. This is a triplex. There is a vacant one bedroom totally renovated in 2024 with a new bathroom & kitchen. New gas forced air furnace and central air. It is located at the back of the property on the main floor level behind the 2 story house and has its own laundry. Covered porch and access to back yard (fenced) Live in the vacant back unit and use the rents from the other 2 apts to help pay the mortgage. ( Rents: main floor 1 bedroom $777 and upper 2 bedroom $1333. Total $2110) Note: Tenants pay their own Gas, hydro and water. All appliances are included. Buy $644900. Down payment 7.5% ($48k). mortgage $600k at $5 per thousand is $3000 per month. The tenanted apts bring in $1333 and $777 ($2110). Tenants pay their own gas, hydro and water. Taxes are $300 per month. Buyers cost for the vacant unit is $1200 per month. ($890 plus $300) plus utilities

Inclusions: Dryer,Refrigerator,Stove,Washer