85 Park Ave

Brantford | | N3S 5H4
  • 8 + 0
  • 4
  • 0

Ask: $900,000 $1,000,000

Est. Mtg $3,390 /mo
  • Days on market

    237

  • Status

    Pc

Listing Broker ROYAL LEPAGE BRANT REALTY
Since listed: 0 views

Home details

MLS #:

X9367819

Property type:
Fourplex
Style:
3-Storey
Taxes:
$5,682
Possession:
Flexible
Lot Front:
33.0   Feet
Lot Depth:
108.9   Feet
Basement:
Finished | Full
Driveway Pkg:
1
Heat:
Gas | Radiant

Description


85 Park Ave, , Brantford, Ontario is a Fourplex property in Brantford and in the community in the N3S 5H4 postal code


This VACANT legal 4-plex is a fantastic investment opportunity! Occupied will operate at an 8% cap rate! Featuring four spacious 2-bedroom units, each offering ample living space. With all units currently vacant, investors have the unique advantage of selecting their own tenants and renting at market rates. Additionally, this property is perfect for an owner-occupant, allowing you to live in one unit while generating income from the others, effectively covering your living expenses and enjoying cost free living! All units are separately metered for hydro and gas allowing for minimal expenses to the property owner and very strong cashflow . This is a great opportunity for investors and aspiring home owners. Can be sold vacant or can fill units with people on waiting list..

Extras

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History

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List Date End Date List Price End Price Status MLS #
1984-03 2024-02 $71,500 $70,000 Sld X7644123
1996-06 2024-02 $159,900 $159,900 Exp X7933497
2001-02 2024-02 $179,900 $179,900 Exp X7921751
2003-07 2024-01 $189,900 $180,000 Sld X7473495
2017-05 2024-02 $349,900 $344,900 Sld X7768645
2017-07 2024-12 $499,000 $499,000 Exp X11244862
2019-10 2019-11 $399,900 $399,900 Ter X4621749
2019-11 2019-11 $424,900 $424,900 Ter X4628202
2019-12 2019-12 $1,695 $1,700 Lsd X4653313
2024-07 2024-09 $925,000 $925,000 Exp X9033748
2024-09 2024-10 $900,000 $1,000,000 Pc X9367819

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

Brantford :

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


Estimated running costs for 85 Park Ave

Based on available 3rd party data

$3999

Approximate costs per month

Mortgage
$3390 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$473 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Other
Listing Broker ROYAL LEPAGE BRANT REALTY
Data Source: TRREB

Payment calculator

$3864 monthly. In association with: TD Bank
%
  • Principal and Interest
    3390 /mo
  • Property Taxes
    $473 /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

Darshan Kakar, Realtor

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