81 East Avenue Brantford, Ontario N3S 3L6
$644,900
AFFORDABLE HOUSING! This is a triplex. If you have a client that wants to live in this building in unit 1, the rents from the other 2 tenants will pay the whole mortgage!!! The buyer can legally issue an N11 to the tenant in unit 1 informing them he is moving into that apartment. $50 k down leaves a $600k mortgage payment of ($600k x$5/ $1000 (4%) $3000). The rents from the other 2 apt are $1333 and $1600. That's $2933 to pay the mortgage. The tenants pay their own utilities. So the buyers monthly cost is Insurance and Taxes. You cant get more affordable than that. Also the back apt was just renovated in 2024. 2 of the gas furnaces were just put in in 2023 and 2024. (id:42029)
Property Details
| MLS® Number | 40672550 |
| Property Type | Single Family |
| AmenitiesNearBy | Hospital, Shopping |
| Features | Paved Driveway, Shared Driveway |
| ParkingSpaceTotal | 2 |
Building
| BathroomTotal | 1 |
| BedroomsAboveGround | 1 |
| BedroomsTotal | 1 |
| Appliances | Dryer, Refrigerator, Stove, Washer |
| ArchitecturalStyle | 2 Level |
| BasementDevelopment | Unfinished |
| BasementType | Partial (unfinished) |
| ConstructionStyleAttachment | Detached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick |
| FoundationType | Stone |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 2145 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Hospital, Shopping |
| Sewer | Municipal Sewage System |
| SizeFrontage | 50 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | Rc |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | 4pc Bathroom | Measurements not available | ||
| Main Level | Bedroom | 11'0'' x 9'0'' | ||
| Main Level | Kitchen | 12'0'' x 12'0'' | ||
| Main Level | Living Room | 10'0'' x 12'0'' |
https://www.realtor.ca/real-estate/27629104/81-east-avenue-brantford
Interested?
Contact us for more information
William Austin
Salesperson
766 Colborne Street East
Brantford, Ontario N3S 3S1
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November 08 2024 06:23:51
Brantford Regional Real Estate Assn Inc
Royal LePage Action Realty