Description

Well cared for 3 unit building on busy thoroughfare. Great opportunity for an owner occupier. 1 main floor commercial unit with beautifully finished basement with walk up entrance and 2 residential apartments. The 2nd floor residential Apartment is vacant, main floor Apartment has long term Tenant. Rents available upon request. (id:66096)

Property Details

MLS®: 40814421
Property Type: Retail
Zoning: IC
Interior Size: 1,272 ft²
Frontage: 42 ft
Building Area: 1,272 ft²
Storeys: 2
Basement: Full
Ownership: Freehold
Property Tax: $2,654.26/yr
Listed: 224 days ago

Features

Lot Features: Visual exposure

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

224d

Brantford listings, avg age

63d

Price / ft²

$464

List price

$590K

Haho

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Area context

Neighbourhood profile (N3T)

This home lists at $590,000, about 6.9× the local median household income of $86,000.

Carrying it typically needs a household income of about $115,248 (20% down, 25-yr amortization, stress-tested) — roughly 34% above the area median.

Median household income: $86,000
Population: 37,406
Median age: 38.8
Owner / renter: 66% / 34%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA N3T)

$590,000· $464/ft²

For sale

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Financing

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60 COLBORNE Street West, Brantford - Retail for Sale