55 Willow St

Brant | Paris | N3L 2K8
  • 5 + 5
  • 10
  • 0

$1,600,000

Est. Mtg $5,425 /mo
  • Days on market

    34

  • Status

    New

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

Home details

MLS #:

X9304925

Property type:
Multiplex
Style:
2-Storey
Taxes:
$11,736
Possession:
Immediate
Lot Front:
132.0   Feet
Lot Depth:
125.0   Feet
Basement:
Full | Unfinished
Driveway Pkg:
10
Heat:
Gas | Forced Air

Description


55 Willow St, , Brant, Ontario is a Multiplex property in Brant and in the Paris community in the N3L 2K8 postal code


Charming 10-Unit Apartment Building built in 1870 offering spacious 1 bedroom apartments with storage lockers and parking for 10+ vehicles. Nestled in one of Paris most vibrant neighborhoods, this exceptional building offers a terrific investment opportunity for savvy investors looking to expand your portfolio in a growing city. Original architectural details including high ceilings and stately trimwork is blended with modern updates to demonstrate the elevated market rent the units will garner with some sweat equity. Two suites feature private exterior access and can be considered premium ground floor apartments with proper upgrade. Shared coin operated laundry available on site for additional income. Lots of potential for income growth with further improvements to original condition units. Separate hydro meters. The close proximity to Paris' budding downtown core with restaurants and shopping offers a desirable area to consistently attract quality tenants..

Extras

A new high density residential development is occurring on neighbouring property to the south with additional low density subdivisions being constructed around Paris. Recent survey and planning report can be provided. Do not go direct..


History

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List Date End Date List Price End Price Status MLS #
2024-09 2024-09 $1,600,000 $1,600,000 New X9304925

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Brant :

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


Estimated running costs for 55 Willow St

Based on available 3rd party data

$6538

Approximate costs per month

Mortgage
$5425 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$978 p/m
Maintenance
$0 p/m

Amenities:

Features:

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

Payment calculator

$6403 monthly. In association with: TD Bank
%
  • Principal and Interest
    5425 /mo
  • Property Taxes
    $978 /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

Gerry Crokidas, Realtor

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