<-- style PDP --> 41 Charlotte Street, Brantford - Multi-6-9 Unit for sale for $899,900
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41 Charlotte Street

Brantford, ON, N3T 2W4 - Downtown Core

$899,900

  • Neighbourhood

    Downtown Core

  • Major Intersection

  • Listed Since: 1333 day(s)

  • Last update: 1325 day(s) ago

Overview

  • Property Type

    Multi-6-9 Unit, Residential Income

  • Bedrooms

    n/a

  • Bathrooms

    6

  • Basement

    None

  • Kitchen

    n/a

  • Total Parking

    6

  • Lot Size

    Available Upon Request

  • Taxes

    $5,127.15 (2021)

  • Type

    Freehold

Property Description

Property description for 41 Charlotte Street, Brantford

Well managed and maintained 6 plex consisting of 6 self contained units (3 one BR and 3 two BR) each with their own private entrance and no common area. Each unit pays their own heat and hydro all separately metered. Large private parking at the rear of the building. New roof in 2021, Updated windows, electrical, and 4 forced air gas furnaces installed around 12 years ago. Tenant demographic is long term, mature and quiet. 4 units are heated with forced air gas heat and the upper 2 units are electric heat. Yearly gross rental income: $74,280, building insurance: $5013.36, property taxes: $5127.15, Water, sewer and hot water: $3972.90. Net income: $60,166.59. CAP rate: 6.68% rental income will be raised by 2.5% as of January 1, 2023 providing an additional yearly income of $1857. Located downtown Brantford, close to post secondary schools. Rent Roll: Unit 1 $1275/month, Unit 2 $1190/month, Unit 3 $750/month, Unit 4 $835/month, Unit 5 $1150/month, Unit 6 $990/month. Seller is RRESP.

Listed by Royal LePage Action Realty

  • MLS #

    40308537

  • Sq. Ft

    3492

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    1856

  • Pool

    n/a

  • Drive

    n/a

  • Garage

    n/a

  • Total Parking

    6

  • Family Room

    n/a

  • Den

    n/a

  • Exterior

    Brick, Stucco, Vinyl Siding

  • Fireplace

    n/a

  • Roof

    Asphalt Shing

  • Foundation

    Stone

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Electric, Forced Air, Natural Gas

  • A/C

    None

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    n/a

  • Central Vac

    n/a

  • MLS #

    40308537

  • Sq. Ft

    3492

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    1856

  • Pool

    n/a

  • Drive

    n/a

  • Garage

    n/a

  • Total Parking

    6

  • Family Room

    n/a

  • Den

    n/a

  • Exterior

    Brick, Stucco, Vinyl Siding

  • Fireplace

    n/a

  • Roof

    Asphalt Shing

  • Foundation

    Stone

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Electric, Forced Air, Natural Gas

  • A/C

    None

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    n/a

  • Central Vac

    n/a

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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