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Home ON Greater Brantford Brantford East Ward
81 EAST Avenue
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81 EAST Avenue $644,900
$644,900
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81 EAST Avenue
Brantford, Ontario N3S3L6

MLS® Number: 40665417
4
Bedrooms
3
Bathrooms
2145
Square Feet

Listing Description

This is a fire rated brick triplex. Unit 1 is rented for $777. A new gas furnace was installed in 2023. It is a long term tenant and the market rent would be $1500. It is the main floor of the original house. Unit 2 is rented for $1333; it is a 2 bed with a balcony. The bathroom was redone about 3 years ago with an oversized shower. It is the total upstairs of the main house. Unit 3 is on the main floor of an addition to the back of the house. it has a covered porch and access to half of the back yard. The unit was totally renovated in 2024 ceiling to floor plus a new f/a gas furnace and central air. I have used a projected rent of $1600. Note: Tenants pay all utilities, gas, hydro and water (separate meters). rent $44450 less costs Taxes $3479, insurance $3000 and water heater rentals $432.n Tot Expense $6911. Net Income $37609 5.85 CAP RATE. (68269941)

Location Description

Colborne E, south onto Park, east [left onto East]

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2
Square Footage
2145 sqft
Subdivision Name
2084 - Icomm/Market
Title
Freehold
Land Size
0.14 ac|under 1/2 acre
Annual Property Taxes
$3,479
Total Parking Spaces
1
Time on REALTOR.ca
19 days

Building

Bathrooms
Total
3
Interior Features
Basement Type
Partial (Unfinished)
Building Features
Features
Paved driveway
Foundation Type
Stone
Structures
Porch
Total Units
3
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Amenities Nearby
Hospital, Public Transit
Parking
Total Parking Spaces
1

Measurements

Square Footage
2145 sqft
Above Grade Finished
2145 sqft
Source: Other

Land

Lot Features
Frontage
50 ft
Other Property Information
Access
Road access, Highway access
Zoning Description
rc
Data provided by: Brantford Regional Real Estate Assn Inc 106 George Street, Brantford, Ontario N3T 2Y4

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