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, Brantford
$518,000
8.8% CAP RATE FULLY VACANT TWO-INCOME UNITS MULTI-GENERATIONAL LIVING PRICED TO MOVEA rare opportunity offering immediate income potential, multi-generational flexibility, and long-term upside. This fully vacant property features two self-contained above-ground units, giving you the freedom to set market rents, accommodate extended family, or move in and make it your own right away. The upper unit offers 2 bedrooms plus a den, a bright and functional living space, full kitchen, bathroom, and in-suite laundry - a comfortable, light-filled layout suited for both family living and strong rental appeal. The lower unit includes 2 bedrooms, a spacious rec room, its own kitchen and living area, separate laundry, and enhanced natural light with two new windows - a versatile secondary suite ideal for tenants or extended family. Both units benefit from separate hydro meters, providing clear and simple expense management. Thoughtful updates blend modern function with the home's original character, creating a solid, low-maintenance property with meaningful upside. With vacant possession, you get immediate flexibility - generate income right away, create multi-generational living, or design your investment strategy without delay. Opportunities with this level of versatility, income potential, and control are rarely available.**INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 100+ |
| Size | 1500-2000 sq. ft. |
| Property Tax | $3,749 |
| Lot Size | 32.1 ft x 82.96 ft |
| mls© Number | X13089788 |
| Listed By | Keller Williams Complete Realty |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,651
- Property tax
- $312
- Heat allowance
- $150
- Housing costs
- $3,114 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$96,000
gross annual household income
- Payment at 4%
- $2,180 / mo
- Cash down
- $103,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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