24 DUKE St

Brantford | | N3T 3T4
  • 5 + 1
  • 5
  • 0

Ask: $675,000 $649,900

Est. Mtg $2,203 /mo
  • Days on market

    55

  • Status

    Pc

Listing Broker RE/MAX ESCARPMENT REALTY INC.
Since listed: 0 views

Home details

MLS #:

X9382489

Property type:
Fourplex
Style:
2-Storey
Taxes:
$4,236
Possession:
Flexible
Lot Front:
39.0   Feet
Lot Depth:
67.74   Feet
Basement:
Part Fin |
Driveway Pkg:
3
Heat:
Gas | Forced Air

Description


24 DUKE St, , Brantford, Ontario is a Fourplex property in Brantford and in the community in the N3T 3T4 postal code


Investment Opportunity: Fully Rented Turnkey Income Property! Featuring four units, two of which have been recently updated. The property boasts a respectful tenant profile and currently generates an impressive gross income of $59,004 annually from residential units alone. Additionally, there is potential income from a coin-operated washer and dryer, estimated at approximately $1,800 per year. This property also offers the opportunity to rent out a detached two-car garage with a loft area, which was previously leased for $200 per month, providing further income potential. Key Updates: Roof replacement in 2020, Garage roof/eaves updated in 2022, 2 new furnaces in 2022, On-demand hot water tank in 2023, Unit 1: Main bath shower/bathtub surround updated in 2023; macerating toilet installed in lower bathroom in 2022, Unit 2: Kitchen flooring updated in 2022, Common area flooring and paint refreshed in 2022, Main home eavestroughs replaced in 2022. The property offers convenient parking for three vehicles in the driveway, along with space for two additional vehicles in the garage. This well-maintained income property presents a solid investment opportunity with reliable cash flow and room for growth. Don't miss the chance to add this asset to your portfolio..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-10 2024-11 $675,000 $649,900 Pc X9382489

Comparables

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sold Date Address List Price sold Price DOM
2023-08 367 Colborne St, $549,900 $537,000 26
2023-03 15 Jaffray St, $1,250,000 $1,250,000 18
2021-11 27 William St, $849,000 $810,000 179
2021-10 12 Gibson St, $499,999 $485,000 15
2021-10 358 1/2 Carton St, $650,000 $665,000 30
2021-06 64 Pine St S, $659,999 $630,000 39
2020-11 147 Binscarth Rd, $625,000 $750,000 10
2020-05 166 Geneva St, $446,900 $438,000 106
2019-09 4 Gibson Pl, $460,000 $404,000 44

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Brantford :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 24 DUKE St

Based on available 3rd party data

$2691

Approximate costs per month

Mortgage
$2203 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$353 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker RE/MAX ESCARPMENT REALTY INC.
Data Source: TRREB

Payment calculator

$2556 monthly. In association with: TD Bank
%
  • Principal and Interest
    2203 /mo
  • Property Taxes
    $353 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Angela Aiello, Realtor

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