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For saleMLS® 40871270

42 Spring Street

Holmedale, Brantford, N3T 4M5

$779,900

Bedrooms
4
Bathrooms
3
Interior
2,706 ft²
Lot
26.83 × 161 ft
Type
Multi-unit

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
Duplex
Ownership
Freehold
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
21 days on market
MLS® number
40871270

Features

Inside

  • Accessory Apartment

Outside

  • Block
  • Vinyl Siding
  • Asphalt Shing roof

The lot

  • City Lot
  • Highway Access
  • Hospital
  • Library
  • 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

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

Ontario land transfer tax by bracket
$0 to $55,0000.5%$275.00
$55,000 to $250,0001.0%$1,950.00
$250,000 to $400,0001.5%$2,250.00
$400,000 to $779,9002.0%$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.

Listed by Julie Neal, Royal LePage Brant Realty.

Listing courtesy of the Brantford Regional Real Estate Association Inc.. MLS® 40871270.

Listing content protected by copyright and licensed by Information Technology Systems Ontario. Information is deemed reliable but is not guaranteed accurate by ITSO. Measurements are deemed reliable but not guaranteed.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The Brolly Group is a team of REALTORS® with RE/MAX Twin City Realty Inc., Brokerage. Each office independently owned and operated.

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