$735,000
For sale: Multiplex

A Renovated Triplex Nestled On A Beautiful Tree-Lined Street. Filled Occupancy Rent Of Aprox.$4500. Homes has been recently renovated, with newer laminate flooring, paint job, bathrooms, kitchens, windows, a/c units in all suites, premium efficient heating system. Three self contained legal apartments houses three separate family units with private entrances and safety features. With three private suites and bathrooms and kitchens this home awaits the discerning buyer looking for a good long term investment. The yard has a detached garage and the lot lends itself to a potential future accessory dwelling unit in the back of home. The home is modern fitted; meeting the high standard expected for modern living. Ample parking for multiple cars. Home is suitable for a first time buyer or investor looking to add to or build an investment portfolio. Location has good walk score and close to amenities, schools and parks. Apartment #2 is currently vacant in case buyer wants to move in and collect rent from two Tenants or add own new Tenant.
Sold data
Multiplex homes in Brantford took a median of 34 days to sell over the last 730 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 80, across 47 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 72 days.
The median sale price was $619,900.
Homes sold for about 3.9% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 21% of sellers reduced their price before finding a buyer.
Based on 47 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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