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13 USHER Street
homes for sale · Brantford · North Ward
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$499,900

13 USHER Street

North Ward, Brantford · MLS® 40851621

435

2,124 sq ft · House · Multi-family · built 1906 · 87 days on market

listed by Ryand Campbell, Re/Max Twin City Realty Inc

realtor's description

Attention First Time home buyers and Investors - Don’t miss this one! A great investment opportunity in the heart of Brantford! This legal triplex with fire (retrofit) inspection completed in 2022 offers immediate income potential with the added benefit of a fourth self-contained unit, enhancing cash flow. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the others, this versatile property offers great flexibility. Currently offering 4 - 1 Bedroom, 1 bathroom units, This property is currently fully leased and generates a really good return. The best unit (#1) will be vacant at the end of August. This unit is currently split into 2 units, but could be easily converted back to 1 which would offer an excellent owner occupied 2 bedroom, 2 bathroom unit. Or keep it as 2 units and generate more income. This property offers 2 separate driveways and a detached garage. Tenants pay their own hydro (Separate meters), owner pays heat and water. Situated on a mature lot in an established neighbourhood, 13 Usher Street is conveniently located close to schools, parks, public transit, shopping, and major amenities, making it an attractive option for tenants. Each unit offers functional living space, while the property's strong rental income and good location make it a standout opportunity for savvy investors. Don't miss your chance to own a rare legal triplex with the added bonus of a fourth unit in one of Brantford's growing rental markets. This is a great investment opportunity at this price in the city of Brantford.

property details

type
House, Multi-family
bedrooms
4
bathrooms
3
living area
2,124 sq ft
parking
5
year built
1906
property tax
$3,653 / yr
days on market
87
MLS®
40851621

features

  • Southern exposure
  • Paved driveway

monthly cost

$2,482/mo
Mortgage $2,178 · Tax $304

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$2,178/ monthly
loan $399,920
25-year amortization
total interest
$253,485
cash to close
$99,980
down payment; transfer tax and fees not included
total paid
$653,405

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

North Ward, BrantfordGoogle Maps ↗

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listed by
Ryand Campbell
Re/Max Twin City Realty Inc
call Ryand · 519-761-8211
Powered by: REALTOR.ca
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location

North Ward, BrantfordGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

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