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New3 days ago

115 Tenth Avenue

, Brantford

$399,900

Detached|Bungalow
2 | 1 | 2
About this home

An opportunity to get into the market, build equity, and make a home your own! Welcome to 115 Tenth Avenue, a 2-bedroom detached bungalow located in the established Eagle Place neighbourhood of Brantford. Offering approximately 976 sq. ft. above grade plus a full basement, this home is an ideal option for first-time buyers, downsizers, renovators, or investors looking for a property with plenty of potential. The main floor features a spacious 18-foot living room, separate dining area, kitchen with plenty of cabinetry and storage, a 4-piece bathroom, and two bedrooms. The second bedroom offers two closets and currently houses the laundry, which could be relocated to the basement to return the room to full bedroom use. Downstairs, the approximately 37' x 26' basement provides a substantial amount of additional space and features six egress-sized windows, creating exciting possibilities for future finishing or reconfiguration. With its layout and separate rear access, the property may also offer potential for a secondary dwelling unit or duplex conversion, subject to applicable zoning, permits and municipal approvals. Outside, enjoy a concrete side patio and a large, regularly shaped backyard measuring approximately 50' wide by 56' deep-plenty of room to create your own outdoor space. This home is ready for its next owner to bring their vision. Rather than paying a premium for someone else's renovations, here's your chance to purchase a detached home, renovate at your own pace, and create something that truly works for you.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$2,967
Lot Size40.3 ft x 113.31 ft
mls© NumberX13753038
Listed ByREVEL 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%
$2,047
Property tax
$247
Heat allowance
$150
Housing costs
$2,444 / mo

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

Down payment20% · $79,980
25-yr amortization

Income needed

$75,000

gross annual household income

Payment at 4%
$1,683 / mo
Cash down
$79,980

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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