A rare opportunity for investors, this versatile property offers strong income potential with an impressive 8.8% cap rate. Ideal for multi-generational living or generating rental income, the home features two above-ground units. The upper unit includes 2 bedrooms + den, 1 bathroom, a full kitchen, living room, and in-suite laundry. The lower unit offers 2 bedrooms, a spacious rec room in basement, its own kitchen, living area, and separate laundry. Both units are filled with natural light and have individual hydro meters for added convenience. Thoughtful modern updates complement the home’s original charm and character, with two new windows in the lower unit. The property is currently vacant, providing flexibility for investors to set market rents or for buyers to move in and customize the space to their needs.
| MLS # | 40823861 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 119 |
| Listing Provided By | Keller Williams Complete Realty | Cecilia Ingram |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,855 |
| Basement | Y |
| Zoning | RC |
| Acreage | 0.06 |
| Water Front | Yes |
| Property View | Yes |
| Appliances | Water Heater, Dryer, Range Hood, Refrigerator, Stove, Washer |
|---|---|
| Rooms Total | 14 |
| Interior Features | Built-In Appliances, In-Law Floorplan, Water Meter |
| Cooling | Central Air |
| Cooling Yes / No | No |
| Heating | Forced Air |
| Heating Yes / No | Yes |
| Laundry Features | In-Suite, Multiple Locations |
| Lot Features | Urban, Park, Public Transit, Schools |
|---|---|
| Construction Materials | Brick |
| Roof | Asphalt Shing |
| Foundation Details | Block |
| Waterfront Features | River/Stream |
| Patio And Porch Features | Porch |
| Open Parking Yes / No | Yes |
|---|
| Utilities | Electricity Connected |
|---|---|
| Sewer | Sewer (Municipal) |
| Tax Annual Amount | 3749 |
|---|
| Province | ON |
|---|---|
| Region | Brantford |
| City | Brantford |
| Postal Code | N3T 3G2 |
| Area | 2040 Terrace Hill | E & N Wards |
| Subarea | 2043 Downtown Core |
| Community Name | 2043 Downtown Core |
| School District | Brantford Collegiate Institute |
| Elementary School | Central Public School |
| High School | Brantford Collegiate Institute |
| Listing VS Median (in 2043 Downtown Core) | |
Price: $518,000 low | high Med: $369,900 sqft: 1,855 low | high Med: 724 $ / sqft: $279 low | high Med: $511 On site: 119 low | high Med: 85 | |
| Province | ON |
|---|---|
| Region | Brantford |
| City | Brantford |
| Postal Code | N3T 3G2 |
| Area | 2040 Terrace Hill | E & N Wards |
| Subarea | 2043 Downtown Core |
| Community Name | 2043 Downtown Core |
| School District | Brantford Collegiate Institute |
| Elementary School | Central Public School |
| High School | Brantford Collegiate Institute |
| Listing VS Median (in 2043 Downtown Core) | |
Price: $518,000 low | high Med: $369,900 sqft: 1,855 low | high Med: 724 $ / sqft: $279 low | high Med: $511 On site: 119 low | high Med: 85 | |