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81 East Avenue, Brantford, Ont, N3S 3L6 $644,900

(519) 757 7042

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1 Bedroom 1 Bathroom 2145 sqft
2 Level Central Air Conditioning Forced Air

$644,900

AFFORDABLE HOUSING! This is a triplex. If you have a client that wants to live in this building in unit 1, the rents from the other 2 tenants will pay the whole mortgage!!! The buyer can legally issue an N11 to the tenant in unit 1 informing them he is moving into that apartment. $50 k down leaves a $600k mortgage payment of ($600k x$5/ $1000 (4%) $3000). The rents from the other 2 apt are $1333 and $1600. That's $2933 to pay the mortgage. The tenants pay their own utilities. So the buyers monthly cost is Insurance and Taxes. You cant get more affordable than that. Also the back apt was just renovated in 2024. 2 of the gas furnaces were just put in in 2023 and 2024. (id:51992)

Property Details

MLS® Number 40672550
Property Type Single Family
Amenities Near By Hospital, Shopping
Features Paved Driveway, Shared Driveway
Parking Space Total 2

Building

Bathroom Total 1
Bedrooms Above Ground 1
Bedrooms Total 1
Appliances Dryer, Refrigerator, Stove, Washer
Architectural Style 2 Level
Basement Development Unfinished
Basement Type Partial (unfinished)
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Brick
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2145 Sqft
Type House
Utility Water Municipal Water

Land

Acreage No
Land Amenities Hospital, Shopping
Sewer Municipal Sewage System
Size Frontage 50 Ft
Size Total Text Under 1/2 Acre
Zoning Description Rc

Rooms

Level Type Dimensions
Main Level 4pc Bathroom Measurements not available
Main Level Bedroom 11'0'' x 9'0''
Main Level Kitchen 12'0'' x 12'0''
Main Level Living Room 10'0'' x 12'0''