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Listed 4 months ago

129 West Street

, Brantford

$518,000

Detached|2-Storey
4 | 2 | 1
About this home

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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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. Age100+
Size1500-2000 sq. ft.
Property Tax$3,749
Lot Size32.1 ft x 82.96 ft
mls© NumberX13089788
Listed ByKeller 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.

Down payment20% · $103,600
25-yr amortization

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 check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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