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Listed 2 months ago

101 Sarah Street

, Brantford

$819,000

Detached|Bungalow
2 | 2 | 5
About this home

Rare investment opportunity! Welcome to this side-by-side bungalow triplex offering exceptional versatility and an impressive approximate 7.5% cap rate. The property features two original 2-bedroom, 1-bath units, each with a crawl space, plus a newly constructed (2022) 4-bedroom, 2-bath unit complete with a full basement. All three units are currently tenanted on month-to-month leases, providing immediate income with future flexibility. Each unit has been tastefully updated with modern finishes, is completely carpet free, and offers a functional layout that appeals to today's tenants and homeowners alike. Whether you're a savvy investor looking to expand your portfolio or a first-time buyer or downsizer hoping to offset your mortgage by living in one unit while collecting rental income from the others, this property offers outstanding potential. Ideally situated close to shopping, schools, parks, transit, and all everyday amenities, with convenient access to Highway 403 for commuters. Opportunities to own a property like this are few and far between.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$3,672
Lot Size120 ft x 40 ft
mls© NumberX13574434
Listed ByRE/MAX ESCARPMENT GOLFI REALTY INC.

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%
$4,192
Property tax
$306
Heat allowance
$150
Housing costs
$4,648 / mo

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

Down payment20% · $163,800
25-yr amortization

Income needed

$143,000

gross annual household income

Payment at 4%
$3,446 / mo
Cash down
$163,800

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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