$779,900
Brantford
42 SPRING Street, Brantford, Ontario, N3T4M5
This multi-family property in Brantford is for sale offering roughly 2,706 sq ft of space. It has been on the market 21 days, fresher than the Brantford average of 64 days.
INVESTMENT OPPORTUNITY IN SOUGHT-AFTER HOLMEDALE! A rare opportunity to own one property featuring two separate residential dwelling units, offering excellent potential for investors, multi-generational living, or homeowners looking for additional rental income to help offset their mortgage. The property includes a charming, well-maintained 3-bedroom, 2-bathroom two-storey home, along with a newer, self-contained 1-bedroom, 1-bathroom two-storey unit built in 2024. The main home welcomes you with a front foyer and convenient closet, leading into a spacious living room with high ceilings and laminate flooring. The eat-in kitchen offers ample cabinetry and comes equipped with a fridge, stove, dishwasher and microwave. At the rear of the home, a versatile bonus space features a 4-piece bathroom and main-floor laundry, with flexibility for an additional bedroom, home office, mudroom or extra living space. Upstairs, you'll find three generously sized bedrooms and a 3-piece bathroom. Outside, enjoy a welcoming front porch, a nice-sized yard and patio, plus a single-wide driveway with parking for two vehicles. The second dwelling offers modern, independent living with its own private entrance, a comfortable main-floor living area, kitchen equipped with a fridge, stove and microwave, and convenient main-floor laundry. Ductless split units on each floor provide heating and cooling for year-round comfort. This unit also features a front outdoor space and is designed for privacy and independence. Ideally situated in the desirable Holmedale neighbourhood, the property is close to the Grand River, scenic trails, parks, schools, shopping, dining and everyday amenities. Whether you're expanding your investment portfolio, exploring multi-generational living, or looking to live in one unit while generating rental income from the other, this unique property offers flexibility and exciting possibilities. Two separate dwellings. Multiple possibilities. One great opportunity! (id:66096)
Features and services as supplied by the listing brokerage.
Active: 21 days on market, against an average age of 64 days across the listings currently for sale in this city
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.
This 4-bed multi-family in Brantford has been listed for 21 days, which is 43 days fresher than the city average of 64. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $779,900, about 9.1× the local median household income of $86,000.
Carrying it typically needs a household income of about $152,342 (20% down, 25-yr amortization, stress-tested) — roughly 77% above the area median.
Source: Statistics Canada, 2021 Census (FSA N3T)
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