208 Market St
Brantford, N3T 3A8
FOR SALE
$499,999
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2 + 1
BEDROOMS3
BATHROOMS1
KITCHENS6
ROOMSX9374319
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Property Description
Exceptional income-generating mixed-use property offering both residential and commercial opportunities! This unique dwelling features two spacious apartments on the second floor, each generating steady rental income. The main floor boasts 1,035 square feet of versatile commercial space, ideal for a variety of business ventures, while the second floor offers 835 square feet of living area. Additional highlights include two gas-heated water tanks, separate gas + electric meters. Also available on site: a billboard that can generate extra revenue, and six convenient parking spots, a rare find so close to downtown. Located on a bustling intersection, this property guarantees high visibility and traffic flow, making it an excellent investment. The main level is equipped with a modern security system and surveillance cameras, ensuring peace of mind for tenants and business owners alike. With its prime location just minutes from the heart of the city, this multi-use dwelling offers unprecedented value for both investors and entrepreneurs. Don't miss out on this exceptional opportunity!
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Extras
all existing fridge, stove, all elfs, window coverings where installed
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Property Details
Street
City
Property Type
Multiplex, 2-Storey
Lot Size
51' x 78'
Fronting
West
Taxes
$6,999 (2023)
Basement
Crawl Space, Part Bsmt
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Available
Garage Type
None
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Brantford Market Statistics
Brantford Price Trend
208 Market St is a 2-bedroom 3-bathroom home listed for sale at $499,999, which is $128,501 (20.4%) lower than the average sold price of $628,500 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 2 bedroom home in Brantford declined by $34,000 (5.1%) compared to the previous 30 day period (September 23 - October 22) and up $128,500 (25.7%) from the same time one year ago.Inventory Change
There were 15 2-bedroom homes listed in Brantford over the last 30 days (October 23 - November 21), which is down 31.8% compared with the previous 30 day period (September 23 - October 22) and up 36.4% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Brantford typically sold ($8,450) (1.3%) below asking price over the last 30 days (October 23 - November 21), which represents a $950 increase compared to the previous 30 day period (September 23 - October 22) and ($12,400) more 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 2-bedroom homes in Brantford over the last 30 days (October 23 - November 21) stood at 120.0%, up from 50.0% over the previous 30 days (September 23 - October 22) and up from 36.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Brantford stood at 15 days when successfully sold over the last 30 days (October 23 - November 21), compared to 38 days before being removed from the market upon being suspended or terminated.Listing contracted with Ipro Realty Ltd
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