81 East Avenue, Brantford Property Listing: MLS® #40672550

About 81 East Avenue

AFFORDABLE HOUSING! This is a triplex. If you have a client that wants to live in this building in unit 1, the rents from the other 2 tenants will pay the whole mortgage!!! The buyer can legally issue an N11 to the tenant in unit 1 informing them he is moving into that apartment. $50 k down leaves a $600k mortgage payment of ($600k x$5/ $1000 (4%) $3000). The rents from the other 2 apt are $1333 and $1600. That's $2933 to pay the mortgage. The tenants pay their own utilities. So the buyers monthly cost is Insurance and Taxes. You cant get more affordable than that. Also the back apt was just renovated in 2024. 2 of the gas furnaces were just put in in 2023 and 2024. (id:36535)

Features of 81 East Avenue

Listing #	40672550
Price	$644,900
Bedrooms	1
Bathrooms	1.00
Square Footage	2,145
Acres	0.00
Type	Single Family
Sub-Type	Freehold
Style	2 Level

Community Information

Address	81 East Avenue
Subdivision	2044 - Victoria/Arthur
City	Brantford
Province	Ontario
Postal Code	N3S3L6

Amenities

Amenities	Hospital, Shopping
Features	Paved driveway, Shared Driveway
Parking Spaces	2
Is Waterfront	No
Has Pool	No

Interior

Appliances	Dryer, Refrigerator, Stove, Washer
Heating	Natural gas Forced air
Cooling	Central air conditioning
Fireplace	No
# of Stories	2
Has Basement	No

Exterior

Exterior	Brick
Foundation	Stone

Listing Details

Office	Courtesy Of William Austin Of Royal LePage Action Realty

81 East Avenue, Brantford, Ontario