$629,900

For sale

25 WAYNE Drive, Brantford - Single Family for Sale

25 WAYNE Drive, Brantford, Ontario, N3R2Y6

4 beds2 baths6 parking1,998 ft²Listed 21 days ago

Overview

This 4-bedroom, 2-bathroom home in Brantford is for sale offering roughly 1,998 sq ft of space. Its $629,900 asking price sits right in line with the $649,900 median in Brantford. It has been on the market 21 days, fresher than the Brantford average of 63 days.

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Description

Wonderful Fairview location in North Brantford! Close to everything! Situated on a large approximately 60ft x 153ft lot, this versatile property offers parking for five vehicles and an oversized detached garage built in 2007, with hydro. The main level features three bedrooms, hardwood flooring, an eat-in kitchen, a separate dining room with pantry, and updated front casement windows with Eclipse California Shutters. The spacious lower level is ideal for a large family or offers excellent potential for rental income. It includes a separate rear entrance, recreation room, office, bedroom, bath with a large walk-in tiled shower, and an area already plumbed for a future kitchenette. Live in a wonderful, established neighbourhood while a potential tenant helps offset your monthly expenses. A fantastic opportunity for homeowners, investors, or multigenerational families! (id:66096)

Property Details

MLS®: 40871895
Property Type: Single Family
Zoning: R1A
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 6
Interior Size: 1,998 ft²
Frontage: 59 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage
Ownership: Freehold
Property Tax: $4,067.53/yr
Listed

Rooms

Lower level

3pc Bathroom
Bedroom: 9'8'' x 11'1''
Office: 10'2'' x 10'11''
Recreation room: 19'3'' x 18'10''

Main level

Bedroom: 8'4'' x 9'1''
Bedroom: 8'6'' x 10'9''
Bedroom: 10'8'' x 11'2''
4pc Bathroom
Dining room: 9'2'' x 9'9''
Kitchen: 10'10'' x 11'8''
Living room: 11'2'' x 19'8''

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Hood Fan, Garage door opener
Foundation: Poured Concrete
Exterior: Brick Veneer

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

21d

Brantford listings, avg age

63d

Price / ft²

$315

List price

$630K

Homes here sell faster than most markets

Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 4-bed single family in Brantford has been listed for 21 days, which is 42 days fresher than the city average of 63. Act while there is still low competition.

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Listed by Coldwell Banker Momentum Realty · Michael Deangelis

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N3R)

This home lists at $629,900, about 7.6× the local median household income of $83,000.

Carrying it typically needs a household income of about $123,042 (20% down, 25-yr amortization, stress-tested) — roughly 48% above the area median.

Median household income: $83,000
Population: 35,858
Median age: 45.6
Owner / renter: 71% / 30%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA N3R)

$629,900· $315/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment6.03% · $37,990

Min 6.03%50%

Mortgage payment$3,282/mo

↳ CMHC premium ($23,676 capitalized)

Property tax (est.)$339/mo

Total monthly$3,621

Cash Needed to Close

Down payment (6.03%)$37,990

Land transfer tax$9,073

Est. closing costs$4,390

Total cash needed$51,453

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