$699,900
For sale: Multiplex

Attention Investors!! This legal duplex (zoned RC) with a detached bachelor unit currently generates $68,400 annually. New flooring, kitchens, bathrooms, roof and paint throughout. Centrally located in the Terrace Hill neighbourhood with easy access to major highways, public transit, shopping, all amenities and University Campuses. Income/expenses available upon request.
Sold data
Multiplex homes in Brantford took a median of 32 days to sell over the last 730 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 78, across 45 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 69 days.
The median sale price was $599,900.
Homes sold for about 4.0% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
Based on 45 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Brantford has 43 Fraser Institute–rated schools (38 elementary and 5 secondary), averaging 4.4/10.
School ratings from the Fraser Institute's Ontario school report cards.
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