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, Brantford
$819,000
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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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $3,672 |
| Lot Size | 120 ft x 40 ft |
| mls© Number | X13574434 |
| Listed By | RE/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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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