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13 USHER STREET, Brantford — listed at $499,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
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. (id:60164)
How is the space laid out across floors?+
This is a 2-storey multi-family. The 5 bedrooms and 4 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,652.79, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
What's the parking situation?+
This property includes 5 spaces — Detached Garage, Garage.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
Is this a good starter home?+
At $499,900, this is priced in starter-home territory for Brantford. With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
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