125 Marlborough Street
East Ward, Brantford, N3S 4S7
$499,900
- Bedrooms
- 2
- Bathrooms
- 2
- Interior
- 1,440 ft²
- Lot
- 33 × 132 ft
- Type
- Multi-unit
About this home
Great opportunity for investors or buyers looking to offset their mortgage with rental income. This duplex features two self-contained 1-bedroom, 1-bathroom units. The upper unit is vacant, giving the new owner the opportunity to set their own rent. It has been nicely updated with newer flooring, kitchen, bathroom and fresh paint, making it ready for a new tenant.
The main-floor unit is currently occupied by a good tenant, providing immediate rental income. A great option for an investor looking to add to their portfolio or an owner-occupier who wants to live in one unit while collecting rent from the other.
Property details
- Property type
- Duplex
- Ownership
- Freehold
- Age
- 100+ Years
- Property taxes
- $3,063
- Heating
- Forced Air, Natural Gas
- Basement
- Full, Unfinished
- Parking
- 4 spaces, detached garage
- Water
- Municipal
- Sewer
- Sewer (Municipal)
- Lot
- 33 × 132 ft lot
- Zoning
- RC
- Time on market
- 59 days on market
- MLS® number
- 40860471
Features
Inside
- Separate Hydro Meters
Outside
- Brick
- Asphalt Shing roof
The lot
- City Lot
- Park
- Public Transit
- Schools
- Shopping Nearby
Included with the home: Built-in Microwave,Other
Location
Thinking about the area? Read our guide to living in Brantford.
Estimate your payment
20% down. The minimum on this price is $24,995.
Your monthly payment
$2,213
- Mortgage amount
- $399,920
- Interest over the amortization
- $264,115
An estimate at a fixed rate compounded twice a year. Insurance applies under 20% down. Your lender sets the real numbers, and the team can introduce you to a mortgage professional.
Ontario land transfer tax
How the tax adds up
| $0 to $55,000 | 0.5% | $275.00 |
| $55,000 to $250,000 | 1.0% | $1,950.00 |
| $250,000 to $400,000 | 1.5% | $2,250.00 |
| $400,000 to $499,900 | 2.0% | $1,998.00 |
Ontario land transfer tax
$6,473
- Tax before any refund
- $6,473.00
- You pay on closing
- $6,473.00
For a home with one or two single-family residences anywhere in Ontario outside Toronto. Your real estate lawyer confirms the amount and pays it on closing.
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