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Listed 13 days ago

20 Wells Avenue

, Brantford

$425,000

Detached|2-Storey
3 | 2 | 0
About this home

Move-in ready and fully updated two-storey home in the sought-after Terrace Hill neighbourhood. Ideally located close to parks, schools, and everyday amenities. This charming home offers 3 spacious bedrooms upstairs, 2 bathrooms, and convenient main floor laundry. The bright and inviting interior has been tastefully updated throughout, making it perfect for families or first-time buyers looking for a turnkey property. The unfinished basement provides endless possibilities for additional living space, a home gym, workshop, or extra storage. Step outside to enjoy the fenced backyard featuring a deck that's perfect for entertaining, relaxing, or summer BBQs. Although this property does not have a driveway, there is easy access to street parking. A time-exempt parking pass can be purchased from the city for $32.74annually. A fantastic opportunity to own a beautifully updated home in a family-friendly neighborhood!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$3,273
Lot Size24.75 ft x 115 ft
mls© NumberX13722444
Listed ByROYAL LEPAGE ACTION 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%
$2,175
Property tax
$273
Heat allowance
$150
Housing costs
$2,598 / mo

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

Down payment20% · $85,000
25-yr amortization

Income needed

$80,000

gross annual household income

Payment at 4%
$1,788 / mo
Cash down
$85,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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