OPEN HOUSE
Sat Nov 02, 1:00pm - 3:00pm
UPDATED:
10/31/2024 11:28 AM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,548 sqft
Price per Sqft $339
MLS Listing ID 40666622
Style Two Story
Bedrooms 4
Full Baths 2
Abv Grd Liv Area 1,835
Originating Board Hamilton - Burlington
Annual Tax Amount $2,635
Property Description
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
Direction Dalhousie St & Murray St
Rooms
Basement Separate Entrance, Full, Unfinished
Kitchen 2
Interior
Interior Features Accessory Apartment, In-Law Floorplan, Separate Hydro Meters
Heating Radiant
Cooling None
Fireplace No
Appliance Water Heater, Dryer, Range Hood, Refrigerator, Stove, Washer
Laundry Lower Level
Exterior
Garage Detached Garage
Garage Spaces 1.0
Waterfront No
Roof Type Asphalt Shing
Lot Frontage 29.75
Lot Depth 132.0
Parking Type Detached Garage
Garage Yes
Building
Lot Description Urban, Hospital, Library, Place of Worship, Public Parking, Rec./Community Centre, Schools
Faces Dalhousie St & Murray St
Foundation Stone
Sewer Sewer (Municipal)
Water Municipal
Architectural Style Two Story
Structure Type Brick Veneer,Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 321310179
Ownership Freehold/None
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