UPDATED:
10/27/2024 08:03 PM
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
Abv Grd Liv Area 1,835
Originating Board Hamilton - Burlington
Annual Tax Amount $2,635
Property Description
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 0
Interior
Interior Features Accessory Apartment, Separate Hydro Meters
Heating Radiant
Cooling None
Fireplace No
Appliance Dryer, Refrigerator, Stove, Washer
Laundry In-Suite
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 Hospital, Library, Place of Worship, Public Parking, Rec./Community Centre, Schools
Faces Dalhousie St & Murray St
Story 2
Foundation Stone
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick Veneer,Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 321310179
Ownership Freehold/None
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