2-Storey Century Flip, Rental or Duplex Opportunity in Brantford!! Assigned

  • $520,000
  • 4 beds
  • 2 baths
  • 1878 sqft

This well-kept, 2-storey, Victorian-style home with 3 bedrooms, 2 bathrooms and 1878 sq ft is the perfect flip, duplex, or student rental opportunity! Within walking distance to Laurier University, and nearby Grand River trails, bus routes, and all amenities, this property is a perfect option for any Investor. Boasting a beautiful brick exterior, original hardwood floors, a front entrance with the original, grand staircase, a gas fireplace, and sun room with two skylights, this property has many beautiful selling features. With many options to separate rooms on the main floor, and 4 bedrooms on the top floor, this property is a great option for a duplex opportunity. Don’t miss out on this fantastic profit potential!!

We are selling our assignable purchase contract.

Closing is May 27th, 2021

WHAT are the options?

With the ample living space and a great area, this property has so many exit strategies for the Buyer!

Option 1: Single-family flip.

Option 2: This zoning allows for multi-unit homes (see HERE). Convert the main and second floors into separate units. The main floor could be a 3 bedroom unit, while the second floor could be a 2 or 3 bedroom unit (Buyer to verify).

Option 3: Due to the proximity to Laurier University, this property could easily be used as a student rental. The Investor could either rent out the current 3 bedrooms or convert it to a 5 or 6 bedroom rental (Buyer to verify).

PROPERTY FEATURES
Please note, our team was unable to take any pictures of the property. There are a few current photos in the Dropbox but there are also photos from the previous 2019 listing. Please click HERE to see the video walkthrough of the property from 2019 MLS listing to understand the layout (there have been some updates made since then). 
  • 4 bedrooms (4th bedroom is currently being used as a laundry room)
    • The main floor could also be turned 3 bedrooms – Buyer to verify
  • 2 full bathrooms
    • Skylight in second floor bathroom
    • The main floor powder room was converted in a full bathroom within the last 2 years
  • Built in 1905
  • Above grade: 1878 sq ft
    • Main floor: 1011 sq ft
    • Second floor: 867 sq ft
  • Basement: 619 sq ft — (we believe the crawl space is not counted in this sq ft)
    • 2/3 of the basement ceiling height is approximately 5.5 ft
    • 1/3 of the basement is a crawl space
    • The basement has been spray foamed above ground for insulation purposes
    • Currently being used as storage
  • Stone foundation
  • Front entrance features the original, grand staircase leading up to the second floor
  • Sun room off of the kitchen with skylights (leads to backyard)
  • Free-standing gas fireplace on main floor
  • Wallpaper was removed and walls were painted within the last 2 years by the Seller
  • Approximately 9-10 ft ceilings throughout the main and second floors
  • Breaker panel
  • Gas furnace was replaced in 2006 (as per Seller)
  • HWT is rented
  • Roof was re-shingled in 2018 (as per Seller)
  • Windows were replaced in 2006 (as per Seller)
  • 4 entrances to the home including backyard sliding doors
    • 2 front entrances (one which could lead upstairs, and one to the main floor)
  • Small deck in backyard
  • Parking for 4 cars in paved driveway
  • Lot size: 38 ft x 132 ft (as per MPAC)
  • Zoning: RC (as per MPAC)
    • We believe this zoning allows for a multi-unit conversion (see HERE).

PROPERTY NEEDS

  • Cosmetic updating
  • Possibility to convert into a duplex

Click HERE for more information and pictures.

Price:
$520,000
Address:
Clarence St S & Greenwich St
Brantford, ON
Square Feet:
1878
Lot Size:
38 ft x 132 ft
Bedrooms:
4
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1905
Basement:
Unfinished

Call (647) 400-2093 for more details

Property Location