42 Spring Street
Holmedale, Brantford, N3T 4M5
$779,900
- Bedrooms
- 4
- Bathrooms
- 3
- Interior
- 2,706 ft²
- Lot
- 26.83 × 161 ft
- Type
- Detached
About this home
INVESTMENT OPPORTUNITY IN SOUGHT-AFTER HOLMEDALE! A rare opportunity to own one property featuring two separate residential dwelling units, offering excellent potential for investors, multi-generational living, or homeowners looking for additional rental income to help offset their mortgage. The property includes a charming, well-maintained 3-bedroom, 2-bathroom two-storey home, along with a newer, self-contained 1-bedroom, 1-bathroom two-storey unit built in 2024. The main home welcomes you with a front foyer and convenient closet, leading into a spacious living room with high ceilings and laminate flooring. The eat-in kitchen offers ample cabinetry and comes equipped with a fridge, stove, dishwasher and microwave.
At the rear of the home, a versatile bonus space features a 4-piece bathroom and main-floor laundry, with flexibility for an additional bedroom, home office, mudroom or extra living space. Upstairs, you'll find three generously sized bedrooms and a 3-piece bathroom. Outside, enjoy a welcoming front porch, a nice-sized yard and patio, plus a single-wide driveway with parking for two vehicles. The second dwelling offers modern, independent living with its own private entrance, a comfortable main-floor living area, kitchen equipped with a fridge, stove and microwave, and convenient main-floor laundry. Ductless split units on each floor provide heating and cooling for year-round comfort.
This unit also features a front outdoor space and is designed for privacy and independence. Ideally situated in the desirable Holmedale neighbourhood, the property is close to the Grand River, scenic trails, parks, schools, shopping, dining and everyday amenities. Whether you're expanding your investment portfolio, exploring multi-generational living, or looking to live in one unit while generating rental income from the other, this unique property offers flexibility and exciting possibilities. Two separate dwellings. Multiple possibilities. One great opportunity!
Property details
- Property type
- Detached
- Ownership
- Freehold
- Style
- Split Level
- Age
- 100+ Years
- Property taxes
- $4,004
- Heating
- Forced Air, Natural Gas
- Cooling
- Central Air, Ductless
- Basement
- Partial, Unfinished
- Parking
- 2 spaces
- Water
- Municipal
- Sewer
- Sewer (Municipal)
- Lot
- 26.83 × 161 ft lot
- Zoning
- NLR
- Time on market
- 27 days on market
- MLS® number
- 40870229
Features
Outside
- Block
- Vinyl Siding
- Asphalt Shing roof
The lot
- Urban
- City Lot
- Highway Access
- Hospital
- Library
- Major Highway
- Open Spaces
- Park
- Playground Nearby
- Public Transit
- Quiet Area
- Schools
Included with the home: Other,2 Washers, 2 Dryers, 2 Microwaves, 1 Dishwasher, 2 Fridges, 2 Stoves
Rooms
Measurements are deemed reliable but not guaranteed.
| Room | Level | Size | Details |
|---|---|---|---|
| Foyer | Main | 4' 3" × 11' 5" | |
| Living Room | Main | 23' × 12' 9" | |
| Eat-in Kitchen | Main | 15' 7" × 11' 2" | |
| Bonus Room | Main | 13' 4" × 9' 9" | |
| Bathroom | Main | 6' 7" × 4' 8" | 4-Piece |
| Bathroom | Second | 7' × 5' 7" | 3-Piece |
| Bedroom | Second | 10' 5" × 9' 8" | |
| Bedroom | Second | 9' 6" × 8' 4" | |
| Bedroom Primary | Second | 15' 8" × 11' 4" | |
| Other | Main | 17' × 15' 8" | Living, Dining, Kitchen, Laundry open concept Detached second dwelling |
| Bathroom | Main | 8' 4" × 4' 8" | Detached second dwelling |
| Bedroom | Second | 23' 2" × 13' 8" | Detached second dwelling |
Location
Thinking about the area? Read our guide to living in Brantford.
Estimate your payment
20% down. The minimum on this price is $52,990.
Your monthly payment
$3,453
- Mortgage amount
- $623,920
- Interest over the amortization
- $412,049
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 $779,900 | 2.0% | $7,598.00 |
Ontario land transfer tax
$12,073
- Tax before any refund
- $12,073.00
- You pay on closing
- $12,073.00
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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