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Tory Akene

toryinrealty@gmail.com +1(289) 814-8679

$ 599,900

Est. payment -/mo

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Active Under Contract

212 Chatham Street Brantford, ON N3S 4G8

5 Beds

2 Baths

2,060 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,060 sqft

Price per Sqft $291

MLS Listing ID 40831383

Bedrooms 5

Full Baths 2

Abv Grd Liv Area 2,060

Year Built 1900

Annual Tax Amount $2,227

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Single Family Residence

Source Brantford

Property Description

Fully renovated duplex with separate utilities and exceptional income potential. Currently vacant, offering the perfect opportunity for investors to set their own rents or for owner-occupiers looking to live in one unit while having the second unit help pay the mortgage. Unit 1 features 3 bedrooms and 1 bathroom, while Unit 2 offers 2 bedrooms + den and 1 bathroom. With projected market rents, the property is estimated to generate just under $50,000 in gross annual income and over $46,000 net income with a 7.4% Cap Rate Notable updates include new plumbing, electrical and breaker panels. One furnace replaced in 2023. Roof and majority of windows approximately 8 years old. 3 bedroom unit features two brand new exterior doors, while remaining windows, doors and roof were updated approximately 8 years ago. Turn-key opportunity with strong cash flow potential and flexibility for investors or multi-generational living.

Location

Province ON

County Brantford

Area 2040 - Terrace Hill/E & N Wards

Zoning C7-2, RC

Rooms

Basement Partial, Unfinished

Kitchen 2

Interior

Interior Features Built-In Appliances

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Appliance Dryer, Range Hood, Stove, Washer

Exterior

Roof Type Asphalt Shing

Lot Frontage 32.0

Lot Depth 132.0

Garage No

Building

Lot Description Urban, Public Transit

Foundation Block, Brick/Mortar

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick,Metal/Steel Siding

New Construction No

Others

Senior Community false

Tax ID 321370348

Ownership Freehold/None

Listed by Re/Max Twin City Realty Inc

Nearby Locations

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Contact Us

+1(289) 814-8679

toryinrealty@gmail.com

https://linktr.ee/ToryInRealty