212 Chatham Street Brantford, Ontario N3S 4G8

$624,900

Fully renovated duplex with separate utilities and exceptional income potential. Currently vacant, offering the perfect opportunity for investors to set their own rents or for owner-occupiers looking to live in one unit while having the second unit help pay the mortgage. Unit 1 features 3 bedrooms and 1 bathroom, while Unit 2 offers 2 bedrooms + den and 1 bathroom. With projected market rents, the property is estimated to generate just under $50,000 in gross annual income and over $46,000 net income with a 7.4% Cap Rate Notable updates include new plumbing, electrical and breaker panels. One furnace replaced in 2023. Roof and majority of windows approximately 8 years old. 3 bedroom unit features two brand new exterior doors, while remaining windows, doors and roof were updated approximately 8 years ago. Turn-key opportunity with strong cash flow potential and flexibility for investors or multi-generational living. (id:19593)

Property Details

MLS® Number	40831383
Property Type	Single Family
Amenities Near By	Public Transit
Equipment Type	Water Heater
Rental Equipment Type	Water Heater

Building

Bathroom Total	2
Bedrooms Above Ground	5
Bedrooms Total	5
Appliances	Dryer, Stove, Washer, Hood Fan
Architectural Style	2 Level
Basement Development	Unfinished
Basement Type	Partial (unfinished)
Constructed Date	1900
Construction Style Attachment	Detached
Cooling Type	Central Air Conditioning
Exterior Finish	Brick, Metal
Foundation Type	Brick
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	2,060 Ft2
Type	House
Utility Water	Municipal Water

Land

Acreage	No
Land Amenities	Public Transit
Sewer	Municipal Sewage System
Size Depth	132 Ft
Size Frontage	32 Ft
Size Irregular	0.1
Size Total	0.1 Ac|under 1/2 Acre
Size Total Text	0.1 Ac|under 1/2 Acre
Zoning Description	C7-2, Rc

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Bedroom			12'0'' x 9'7''
Second Level	Bedroom			9'8'' x 10'5''
Second Level	Den			12'11'' x 9'1''
Second Level	Bedroom			9'8'' x 10'5''
Second Level	Bedroom			11'5'' x 9'6''
Main Level	4pc Bathroom			Measurements not available
Main Level	Laundry Room			4'10'' x 3'3''
Main Level	Eat In Kitchen			13'6'' x 13'2''
Main Level	Living Room			13'3'' x 10'6''
Main Level	Bedroom			11'5'' x 9'5''
Main Level	4pc Bathroom			Measurements not available
Main Level	Eat In Kitchen			13'6'' x 13'3''
Main Level	Foyer			13'8'' x 10'6''
Main Level	Living Room			12'1'' x 9'5''

https://www.realtor.ca/real-estate/29797806/212-chatham-street-brantford