$549,900

$559,900For salePrice drop↓ $10,000 (2%)

45 EAST Avenue, Brantford - Multi-family for Sale

45 EAST Avenue, Brantford, Ontario, N3S3L2

4 beds2 baths2 parking1,780 ft²Listed 48 days ago

Overview

This multi-family property in Brantford is for sale offering roughly 1,780 sq ft of space. It has been on the market 48 days, fresher than the Brantford average of 63 days.

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Description

Beautiful classic Brantford brick legal duplex on a quiet, tree-lined historic street. This well-maintained century home features two bright, self-contained 2-bedroom apartments, each with its own laundry and separate hydro meter. The home has been extensively updated while keeping its original character, including the original keystones and classic brick exterior. Both units have updated kitchens, bathrooms and flooring, along with updated electrical, windows and roof. The furnace has been updated and there is a brand new on-demand water heater. Outside, the large fenced backyard has a deck and plenty of room to enjoy. The private side driveway offers parking for two cars, with additional street parking available. A great location just steps from Wilfrid Laurier University lecture halls, the YMCA, downtown, Grand River trails, parks and shopping. This legal duplex, featuring two 2-bedroom units, separate hydro and a great lot, makes this a solid opportunity for an investor or an owner looking to live in one unit and rent out the other. Book your showing today! (id:66096)

Property Details

MLS®: 40864215
Property Type: Multi-family
Zoning: RC
Bedrooms: 4
Bathrooms: 2
Parking: 2
Interior Size: 1,780 ft²
Frontage: 37 ft
Units: 2
Storeys: 2
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Ownership: Freehold
Property Tax: $2,796/yr
Listed: 48 days ago

Features

Foundation: Poured Concrete
Exterior: Brick
Lot Features: Crushed stone driveway

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

48d

Brantford listings, avg age

63d

Price / ft²

$309

List price

$550K

Haho

This 4-bed multi-family in Brantford has been listed for 48 days, which is 15 days fresher than the city average of 63. Act while there is still low competition.

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Listed by Voortman Realty Inc. · Sarah Vanderveen

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N3S)

This home lists at $549,900, about 8.0× the local median household income of $68,500.

Carrying it typically needs a household income of about $107,415 (20% down, 25-yr amortization, stress-tested) — roughly 57% 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)

$549,900· $309/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,990.00

Min 5.45%50%

Mortgage payment$2,882/mo

↳ CMHC premium ($20,796 capitalized)

Property tax (est.)$233/mo

Total monthly$3,115

Cash Needed to Close

Down payment (5.45%)$29,990

Land transfer tax$7,473

Est. closing costs$4,150

Total cash needed$41,613

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