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, Brantford
$499,900
Endless Potential in the Desirable Terrace Hill/East Ward! This charming all brick two storey home offers exceptional flexibility for investors, multi-generational families, or buyers looking to convert it back into a spacious single family residence. Currently configured as a legal duplex, the property features a 1 bedroom main floor unit and a 2 bedroom upper unit, providing excellent income potential or the opportunity to live in one unit while renting the other. Full of character and possibilities, this home could be transformed back into a traditional family home to suit your needs. Situated in the sought after Terrace Hill/East Ward, you'll enjoy a mature neighbourhood known for its character homes, tree lined streets, and convenient access to schools, parks, shopping, transit, downtown Brantford, and Highway 403. Whether you're expanding your investment portfolio or searching for a home with future versatility, this property is one you won't want to miss.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $2,566 |
| Lot Size | 33 ft x 82.5 ft |
| mls© Number | X13600502 |
| Listed By | RE/MAX ESCARPMENT 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%
- $2,559
- Property tax
- $214
- Heat allowance
- $150
- Housing costs
- $2,923 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$90,000
gross annual household income
- Payment at 4%
- $2,104 / mo
- Cash down
- $99,980
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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