$999,000

For saleJust listed

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10 Marie Avenue, Brantford - Multi-family for Sale

10 Marie Avenue, Brantford, Ontario, N3S1K2

8 beds4 baths5 parking ft²

69 SHERIDAN Street, Brantford, Ontario, N3T2R1

2 bd2 ba1,474 ft²Lot size 4,356 sq ft (0.10 ac)

Listed by Flux Realty

112 GRAND RIVER Avenue, Brantford, Ontario, N3T4X4

For saleJust listed

2 days ago

$500K

112 GRAND RIVER Avenue, Brantford, Ontario, N3T4X4

4 bd2 ba2 pk1,694 ft²Lot size 3,659 sq ft

Listed by Re/Max Twin City Realty Inc

93 West Street, Brantford, Ontario, N3T3E8

For sale

12 days ago

$999K

93 West Street, Brantford, Ontario, N3T3E8

4 bd4 ba8 pk2,250 ft²

Listed by Real Broker Ontario Ltd.

23 Brenda Court, Brantford, Ontario, N3R2L8

For sale

14 days ago

$825K

23 Brenda Court, Brantford, Ontario, N3R2L8

8 bd4 ba4 pk4,250 ft²

Listed by ROYAL LEPAGE BRANT REALTY

Investment analysis

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$999,000

Brantford

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69 × 126 ft (8,694 sq ft) lot size

Overview

This multi-family property in Brantford is for sale offering roughly 1,750 sq ft of space. It has been on the market 5 days, fresher than the Brantford average of 63 days.

Multi-Family Properties for Sale in Brantford →All real estate in Brantford →

Description

Turnkey investment Fourplex is centra Brantford. Four 2 bedroom 1 bath units with a spacious layout. Two units on main level and two units on 2nd level. Good quality tenants in 3 units and vacant 4th unit awaiting new tenants in high rental demand area. Financials attached. (id:66096)

Property Details

MLS®: X14133404
Property Type: Multi-family
Zoning: Residential Mid Rise (RMR)
Bedrooms: 8
Beds (above / below): 8 above · 0 below
Bathrooms: 4
Parking: 5
Interior Size: 1,750 ft²
Lot Size: 69 × 126 ft (8,694 sq ft)
Frontage: 69 ft
Storeys: 2
Basement: Partial
Heating: Radiant heat, Other
Cooling: None
Garage: No Garage
Property Tax: $5,424/yr
Listed: 5 days ago

Rooms

Flat

Living room: 4.88 x 3.48 meters
Bedroom: 3.48 x 2.65 meters
Bedroom 2: 3.56 x 2.2 meters
Kitchen: 3.75 x 2.95 meters
Bathroom: 2.5 x 1.47 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Foundation: Concrete
Exterior: Brick
Lot Features: Flat site

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Brantford listings, avg age

63d

Price / ft²

$571

List price

$999K

Haho

This 8-bed multi-family in Brantford has been listed for 5 days, which is 58 days fresher than the city average of 63. Act while there is still low competition.

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD. · NAUSHIN KEMP

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N3S)

This home lists at $999,000, about 14.6× the local median household income of $68,500.

Carrying it typically needs a household income of about $195,140 (20% down, 25-yr amortization, stress-tested) — roughly 185% above the area median.

Median household income: $68,500
Population: 27,527
Median age: 39.2
Owner / renter: 61% / 39%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA N3S)

$999,000· $571/ft²

For sale

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Full Cost Breakdown

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Down Payment7.50% · $74,900

Min 7.50%50%

Mortgage payment$5,123/mo

↳ CMHC premium ($36,964 capitalized)

Property tax (est.)$452/mo

Total monthly$5,575

Cash Needed to Close

Down payment (7.50%)$74,900

Land transfer tax$16,455

Est. closing costs$5,497

Total cash needed$96,852

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