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$425,000
Brantford
148 ALBION Street, Brantford, Ontario, N3T3M9
This multi-family property in Brantford is for sale offering roughly 1,372 sq ft of space. It has been on the market 33 days, fresher than the Brantford average of 63 days.
INVESTOR OPPORTUNITY! This vacant duplex presents an excellent opportunity for investors or buyers looking for a mortgage helper. Featuring two separate 1-bedroom, 1-bathroom units, this property offers flexibility for a variety of investment strategies, whether you're looking to add to your rental portfolio or live in one unit while generating rental income from the other. The lower unit has recently been refreshed with updated flooring and a renovated bathroom, offering a move-in-ready space for future occupants. The property also features a large fenced-in yard, providing valuable outdoor space and added appeal for tenants. Ideally located close to downtown Brantford, schools, universities, shopping, everyday amenities, public transit routes, and the hospital, this property offers convenient access to many of the city's key destinations. With both units currently vacant, the new owner has the flexibility to establish their own rental strategy from day one. A great opportunity to secure a versatile duplex in a convenient Brantford location with strong potential for both investors and owner-occupiers. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 33 days on market, against an average age of 63 days across the listings currently for sale in this city
This 2-bed multi-family in Brantford has been listed for 33 days, which is 30 days fresher than the city average of 63. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $425,000, about 4.9× the local median household income of $86,000.
Carrying it typically needs a household income of about $83,017 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA N3T)
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Loading rates, 30-yr amortization
Cash Needed to Close
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