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Elizabeth Pullman

[email protected] +1(905) 329-0460

Listed by Terry Summerhays • Re/Max Twin City Realty Inc

$ 699,000

Est. payment -/mo

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Active Under Contract

162 Chatham Street Brantford, ON N3S 4G4

8 Beds

4 Baths

4,251 SqFt

UPDATED:

01/17/2025 07:23 PM

Key Details

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,251 sqft

Price per Sqft $164

MLS Listing ID 40657758

Bedrooms 8

Abv Grd Liv Area 4,251

Originating Board Brantford

Annual Tax Amount $5,357

Lot Size 6,577 Sqft

Acres 0.151

Property Description

A Great Investment Opportunity! This impressive property has approximately 4,251sq.ft. above-grade plus a finished basement and there is a detached garage that offers the potential for an additional residential unit. Unit 1 features 4 bedrooms, 2 bathrooms, a covered front porch, large room sizes with a huge living room and dining room with pocket doors, a big eat-in kitchen, in-suite laundry, and a finished basement that has a recreation room and plenty of storage space. Unit 2 is currently vacant so you can set your own rent, and the new tenant can pay their proportionate share of the utilities based on square footage of the unit as per Ontario Regulation 349 and this unit offers 2 huge bedrooms, hardwood flooring, a big eat-in kitchen, in-suite laundry, and a 4pc. bathroom. Unit 3 has 2 large bedrooms, a bright living room with laminate flooring, a gas fireplace, another big eat-in kitchen, in-suite laundry, and a 4pc. bathroom. The 20'6” x 18'4” detached garage in the backyard could be rented as well but it also has the potential to be converted into an additional residential unit. The deck and fully fenced backyard space are shared by all tenants. This solid brick property has a fire escape, a new gas boiler was installed in October 2022, the character and charm of high ceilings and 10” baseboards, hardwood flooring and laminate flooring, on-demand water heater, large room sizes, and more. An excellent investment opportunity that generates more than $65,000 in annual rental income. Book a viewing before it's gone!

Location

Province ON

County Brantford

Area 2040 - Terrace Hill/E & N Wards

Zoning RC

Direction Clarence Street/ Chatham Street

Rooms

Basement Separate Entrance, Full, Finished

Kitchen 0

Interior

Heating Natural Gas, Radiator

Cooling Other

Fireplace No

Appliance Instant Hot Water, Water Softener, Dryer, Refrigerator, Stove, Washer

Laundry In-Suite

Exterior

Parking Features Detached Garage, Asphalt

Garage Spaces 1.0

Fence Full

Roof Type Asphalt Shing

Handicap Access Fire Escape

Porch Deck, Porch

Lot Frontage 50.0

Lot Depth 132.0

Garage Yes

Building

Lot Description Rectangular, Highway Access, Park, Place of Worship, Playground Nearby, Public Parking, Quiet Area, Schools

Faces Clarence Street/ Chatham Street

Story 3

Foundation Stone

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 321370118

Ownership Freehold/None

Elizabeth Pullman

Advisor | License ID: 4780123

+1(905) 329-0460

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