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Price Change$399,900

83 Stanley Street

, Brantford

$369,900

Detached|2-Storey
3 | 3 | 4
About this home

Beautiful Echo Place...Brantford's Hidden Gem!! Affordable, centrally located and income potential???? Yes please!! This 2 storey 6 bedroom home is currently duplexed but could provide a number of options for its next owner. Live in one unit and and enjoy the additional unit for extended family, rent it out or convert the entire place to a single family home with tons of living space for the whole family. Ideally located in the hub of the city with great access to major highways, north end amenities and the downtown sector, this property has so much to offer. Additional features offered include separate entrances and separate hydro meters, plenty of parking, 3 bedrooms on the main level as well as 3 bedrooms on the upper level, 2 kitchens and full bathrooms on both main and upper levels. (Upper unit has 2 -2pc baths - sink/shower and sink/toilet.). Endless possibilities for income or personal use.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. Age51-99
Size1500-2000 sq. ft.
Property Tax$3,414
Lot Size39.99 ft x 108.9 ft
mls© NumberX13235096
Listed ByROYAL LEPAGE ACTION REALTY

Listing History

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  • 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%
$1,893
Property tax
$284
Heat allowance
$150
Housing costs
$2,328 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $73,980
25-yr amortization

Income needed

$72,000

gross annual household income

Payment at 4%
$1,557 / mo
Cash down
$73,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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