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Listed 28 days ago

367 Nelson Street

, Brantford

$422,000

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

Welcome to this detached home, offering over 2,000 sq. ft. of living space, perfect for those who love to customize and make a property their own. The same owner for 20 years, this residence is ready for its next chapter. Set on a large lot in the desirable Echo Place location, the home provides great outdoor space and excellent potential for future improvements. With its generous size and flexible layout, it's ideal for renovators, handy homeowners looking for an opportunity to add value or for first-time buyers who want room to grow. The home also offers the possibility of creating an in-law suite, making it a fantastic fit for multigenerational living, extended family, or rental income potential. If you've been searching for a detached home with space and real opportunity, this is the one to see.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. Age51-99
Size2000-2500 sq. ft.
Property Tax$3,653
Lot Size59 ft x 126 ft
mls© NumberX13674712
Listed ByROYAL LEPAGE BRANT REALTY

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%
$2,160
Property tax
$304
Heat allowance
$150
Housing costs
$2,614 / mo

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

Down payment20% · $84,400
25-yr amortization

Income needed

$80,000

gross annual household income

Payment at 4%
$1,776 / mo
Cash down
$84,400

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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