82 Marlborough Street, Brantford, ON N3T 2S3, Brantford, ON

82 Marlborough Street, Brantford, ON N3T 2S3, Brantford, ON photo 2

82 Marlborough Street, Brantford, ON N3T 2S3, Brantford, ON photo 3

82 Marlborough Street, Brantford, ON N3T 2S3, Brantford, ON photo 4

82 Marlborough Street, Brantford, ON N3T 2S3, Brantford, ON photo 5

+7 photos

$499,000

82 Marlborough Street, Brantford, ON N3T 2S3, Brantford, ON

Brantford, ON N3T 2S3

6 beds 3 baths Detached

About this home

Calling All Investors, First time home buyers & DIY enthusiasts!! Cleverly designed TRIPLEX in the heart of Brantford walking distance to Conestoga College! *RENTAL INCOME - $4350* All three units occupied & paying $1450/mo rent + Hydro each! All units have 2-bed 1 bath layout all have separate entrances, private outdoor areas, 3 separate hot water tanks, 3 separate 100-amp breaker panels, separate pony panels in the kitchen, separate hydro meters (tenants pay hydro). Main floor divided into two units both units approx 1550 sqft w/ upgraded wood flooring. Full bsmt w/ W/O entrance & patio approx 1550 sqft. Perfect opportunity for investors to add management & increase value! Ideal for first time buyers looking to purchase a triplex occupy one unit & rent the other two! Live on a budget, earn sweat equity & Cashflow! Lots of opportunity to add value & profit!

Property Score

71/ 100

Overall Property Score

great

A blend of both buyer and investor metrics.

Score breakdown

Walkability

55/100good

Score based on neighborhood density, downtown proximity, and walkable amenities.

Transit Access

50/100fair

GO Transit, LRT, and bus access from this neighborhood.

Schools

65/100good

Based on local school rankings (Fraser Institute proxy).

Affordability

77% of city avggreat

Priced below Brantford's average of $645,000.

Appreciation Trend

+1.4%/yrgood

Brantford has seen +1.4% YoY price change.

Monthly Cash Flow

+$847/mogood

Estimated $847/mo at 20% down, 5% rate, 25-yr amortization.

Cap Rate

7.65%excellent

Net operating income divided by purchase price.

Basement Suite Potential

+$1,350/moexcellent

Existing/legal suite estimated at $1,350/mo additional income.

Move-In Ready

Avggreat

Estimate. Use the listing description and photos to assess actual condition.

MLS^® # X12754118

Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.

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