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Listed 16 days ago

124 West Street N

, Brantford

$850,000

Detached|3-Storey
5 | 3 | 4
About this home

Welcome to this spacious and versatile detached property offering exceptional potential for a growing family, investor, or entrepreneur. Featuring 6 bedrooms plus an office, a formal living room, formal dining room, multiple bathrooms, and a spacious eat-in kitchen with granite countertops, this home provides plenty of room for comfortable family living.The fully finished basement offers valuable additional living space, ideal for a recreation room, guest accommodations, home office, or potential income-generating use, subject to applicable requirements.Enjoy the convenience of a detached garage, extra-long driveway with ample parking, and a large fully fenced backyard.A unique feature of this property is its potential for commercial/daycare use. Daycare is a permitted use, making this an excellent opportunity for buyers looking for a detached property that may be converted into a childcare centre, subject to all required municipal, zoning, building, fire, Ministry of Education, and other applicable approvals.Whether you're searching for a spacious family home, an investment opportunity, or a property with daycare conversion potential, this property offers flexibility, space, and exciting possibilities.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style3-Storey
Approx. Age31-50
Size1500-2000 sq. ft.
Property Tax$4,533
Lot Size40 ft x 168 ft
mls© NumberX13711496
Listed ByRCIB REAL ESTATE LIMITED.

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%
$4,351
Property tax
$378
Heat allowance
$150
Housing costs
$4,878 / mo

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

Down payment20% · $170,000
25-yr amortization

Income needed

$150,000

gross annual household income

Payment at 4%
$3,577 / mo
Cash down
$170,000

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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