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, Brantford
$650,000
Opportunities like this are few and far between. Take a look at this beautiful, historic property located in one of Brantford's heritage districts: 273-275 Brant Avenue. This property was originally two semi-detached residential homes, now merged on title. With proper due diligence and conversations with the powers that be, there is potential to separate the property back into two distinct addresses, or to explore a conversion to full residential or full commercial use. Whether you're interested in restoring the original division, maintaining the current mixed-use setup, or reconfiguring the property entirely, there is flexibility here, all depending on your vision and the necessary approvals. Better yet, the property will be delivered with vacant possession. The current zoning allows for a plethora of uses. It could even make sense as student housing given the proximity to Laurier. Step into 273, the residential unit, and you're welcomed by a large living room, kitchen, a three-piece bathroom, and a main floor bedroom. Upstairs, there are three more bedrooms and a two-piece bathroom. Next door at 275, the current commercial use unit offers a spacious front room, a second large room, a fully functional kitchen, and a three-piece bathroom. The upper level is completely open concept, ready to be customized to your needs. A rare find on Brant Avenue, the lot is generously sized with ample parking, which is another major bonus. The current owners are ready to move on and are looking for the right buyer to write the next chapter of this unique property's story. Don't delay Call your REALTOR today.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $7,923 |
| Lot Size | 32.33 ft x 121.75 ft |
| mls© Number | X13144978 |
| Listed By | Real Broker Ontario Ltd. |
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%
- $3,327
- Property tax
- $660
- Heat allowance
- $150
- Housing costs
- $4,137 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$127,000
gross annual household income
- Payment at 4%
- $2,735 / mo
- Cash down
- $130,000
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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