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$ 644,900
Est. payment /mo
Active
81 EAST Avenue Brantford, ON N3S3L6
1 Bed
1 Bath
2,145 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,145 sqft
Price per Sqft $300
Subdivision 2044 - Victoria/Arthur
MLS® Listing ID 40672550
Style 2 Level
Bedrooms 1
Originating Board Brantford Regional Real Estate Assn Inc
Property Description
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:24570)
Location
Province ON
Rooms
Extra Room 1 Main level Measurements not available 4pc Bathroom
Extra Room 2 Main level 11'0'' x 9'0'' Bedroom
Extra Room 3 Main level 12'0'' x 12'0'' Kitchen
Extra Room 4 Main level 10'0'' x 12'0'' Living room
Interior
Heating Forced air,
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 2
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Architectural Style 2 Level
Others
Ownership Freehold
Listed by Royal LePage Action Realty
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