198 Sheridan St
Brantford, N3S 4P8
FOR SALE
$469,000
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3
BEDROOMS2
BATHROOMS2
KITCHENS10 + 2
ROOMSX8270624
MLSIDContact Us
Property Description
A spacious brick duplex featuring a newly renovated 2-bedroom main floor unit with attractive laminate flooring, high ceilings and 9" baseboards, a bright living room for entertaining, a beautiful new kitchen with soft-close drawers and cupboards, modern countertops, new flooring, and a new sink, an immaculate 4pc. bathroom with a new tub and tub surround, a convenient main floor laundry room, lots of storage space in the basement, and a big patio area in the backyard. Updates include some new windows in 2019, new roof shingles in 2016, new furnace in 2023, new attic window in 2023, new flooring in 2023, new light fixtures in 2023, and more. Upper unit is currently rented. Live in the main floor unit and let the rent from the upper unit help pay your mortgage or purchase this excellent investment property and you can set your own rent for the main floor unit. Close to parks, schools, shopping, trails, and highway access. Book a viewing before its gone!
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Property Features
Park, Place Of Worship, Public Transit, School
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Property Details
Street
City
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
35' x 100'
Acreage
< .50
Lot Irregularities
31.22 X100.94 X 35.7 X 64.59 X4.51X36.25
Fronting
North
Taxes
$2,492 (2023)
Basement
Part Bsmt, Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.70' x 12.99' | |
| Br | Main | 10.40' x 14.99' | |
| Kitchen | Main | 12.30' x 13.19' | |
| 2nd Br | Main | 6.59' x 12.01' | |
| Bathroom | Main | 7.32' x 7.71' | 4 Pc Bath |
| Laundry | Main | 4.99' x 12.01' | |
| Living | 2nd | 12.60' x 15.58' | |
| Kitchen | 2nd | 10.60' x 12.60' | |
| 3rd Br | 2nd | 12.80' x 12.99' | |
| Bathroom | 2nd | 7.61' x 8.30' | 4 Pc Bath |
| Furnace | Bsmt | 12.01' x 15.58' | |
| Utility | Bsmt | 11.81' x 12.20' |
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Brantford Market Statistics
Brantford Price Trend
198 Sheridan St is a 3-bedroom 2-bathroom home listed for sale at $469,000, which is $252,456 (35.0%) lower than the average sold price of $721,456 in the last 30 days (April 5 - May 4). During the last 30 days the average sold price for a 3 bedroom home in Brantford increased by $79,956 (12.5%) compared to the previous 30 day period (March 6 - April 4) and up $46,456 (6.9%) from the same time one year ago.Inventory Change
There were 45 3-bedroom homes listed in Brantford over the last 30 days (April 5 - May 4), which is up 36.4% compared with the previous 30 day period (March 6 - April 4) and down 0.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Brantford typically sold ($4,041) (0.6%) below asking price over the last 30 days (April 5 - May 4), which represents a $6,572 increase compared to the previous 30 day period (March 6 - April 4) and ($1,000) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Brantford over the last 30 days (April 5 - May 4) stood at 102.2%, up from 90.9% over the previous 30 days (March 6 - April 4) and up from 68.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Brantford stood at 9 days when successfully sold over the last 30 days (April 5 - May 4), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Twin City Realty Inc.
Similar Listings
Unique investment opportunity in Brantford with a century brick duplex, perfect for first-time buyers and investors. With 1939 sqft, it features large rooms and tall ceilings. Each unit has a separate entrance; the upper unit includes newer flooring and a walk-out balcony, while the lower unit showcases natural woodwork and a tiered deck leading to a spacious, fully fenced backyard. Stable income is assured with $1,450/month from the upper and $1,650/month from the lower, both with excellent tenants. Utilities are tenant-paid, enhancing profitability. Includes a detached garage and generous outdoor space, making it an attractive investment.
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