254 Darling Street Active

Brantford,ON N3S 3X4

$ 524900

3 Beds

2 Baths

1548 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 1,548 sqft

Price per Sqft $339

MLS Listing ID 40667073

Bedrooms 3

Annual Tax Amount $2,635

Property Description

Grand VACANT duplex in the heart of Brantford on an extra deep 132' lot! 254 Darling Street is a welcome
addition to any investor's portfolio, as a house-hacking option or to provide an in-law suite for a family
member. A front and rear setup where this duplex offers a full sized 2 storey 3 bed, 1 bath unit in the front
(w/ basement storage) and a two level oversized bachelor in the rear w/ updated finishes. Units include
separate hydro meters & are uniquely connected at the interior basement level also maintaining separate hot
water heaters with a sump pump. Generating projected monthly rents of $3400 ($2200-main, $1200-rear)
while passing on utilities to tenants with an estimated positive cash flow position of ~$900 with 20% down.
This property offers plenty of upside with the ability to consider building out a garage suite or to convert the
main house into a 4 bedroom unit using the large dining room on the main floor. Great cash flowing asset
with ADU upside potential in a declining interest rate environment where rental rates are stable and gradually
climbing! Property is a must see!

Location

Province ON

County Brantford

Area 2040 - Terrace Hill/E & N Wards

Zoning RC

Rooms

Kitchen 0

Interior

Heating Radiant

Cooling None

Laundry In-Suite

Exterior

Garage Detached Garage

Garage Spaces 1.0

Waterfront No

Roof Type Asphalt Shing

Building

Lot Description Hospital,Library,Place of Worship,Public Parking,Rec./Community Centre,Schools

Story 2

Foundation Stone

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick Veneer,Vinyl Siding

New Construction No

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