254 DARLING Street 2043 - Downtown Core, Brantford, Ontario, CA

Address: 254 DARLING Street, Brantford, Ontario

3 Beds2 Baths1835 sqftStatus: Buy
Price $524,900

Property Overview


Grand VACANT duplex in the heart of Brantford on an extra deep 132' lot! 254 Darling Street is a welcome addition to any investor's portfolio, as a house-hacking option or to provide an in-law suite for a family member. A front and rear setup where this duplex offers a full sized 2 storey 3 bed, 1 bath unit in the front (w/ basement storage) and a two level oversized bachelor in the rear w/ updated finishes. Units include separate hydro meters & are uniquely connected at the interior basement level also maintaining separate hot water heaters with a sump pump. Generating projected monthly rents of $3400 ($2200-main, $1200-rear) while passing on utilities to tenants with an estimated positive cash flow position of ~$900 with 20% down. This property offers plenty of upside with the ability to consider building out a garage suite or to convert the main house into a 4 bedroom unit using the large dining room on the main floor. Great cash flowing asset with ADU upside potential in a declining interest rate environment where rental rates are stable and gradually climbing! Property is a must see! (id:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Duplex
Storeys
2
Square Footage
1835 sqft
Subdivision Name
2043 - Downtown Core
Title
Freehold
Land Size
under 1/2 acre
Parking Type
Detached Garage
Building
Bathrooms
Total
3
Interior Features
Basement Type
Full (Unfinished)
Building Features
Foundation Type
Stone
Square Footage
1835 sqft
Rental Equipment
Water Heater
Heating & Cooling
Cooling
None
Heating Type
Radiant heat
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick Veneer, Vinyl siding
Neighbourhood Features
Community Features
Community Centre
Amenities Nearby
Hospital, Place of Worship, Schools
Parking
Parking Type
Detached Garage
Total Parking Spaces
3
Land
Other Property Information
Zoning Description
RC
Features
           Detached Garage            None
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Your Home Finance Calculation

Property Price CA $524,900
Bank Loan Amount CA $0
Monthly Installment CA $0

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