13 Usher Street
North Ward, Brantford, N3R 1B8
$499,900
- Bedrooms
- 4
- Bathrooms
- 3
- Interior
- 2,124 ft²
- Lot
- 46.33 × 92 ft
- Type
- Multi-unit
About this home
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
- Property type
- Triplex
- Ownership
- Freehold
- Age
- 100+ Years
- Property taxes
- $3,653
- Heating
- Forced Air, Natural Gas
- Cooling
- Central Air
- Basement
- Full, Unfinished
- Parking
- 5 spaces, detached garage
- Water
- Municipal
- Sewer
- Sewer (Municipal)
- Lot
- 46.33 × 92 ft lot
- Zoning
- NLR
- Time on market
- 99 days on market
- MLS® number
- 40851621
Features
Inside
- Accessory Apartment
Outside
- Brick
- Asphalt Shing roof
The lot
- Rectangular
- Highway Access
- Hospital
Included with the home: Hot Water Tank Owned,All Appliances In The Units Included.
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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