26 Park Ave
Brantford, N3S 5H3
FOR SALE
$496,000
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4
BEDROOMS2
BATHROOMS1
KITCHENS8
ROOMSX8246470
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Property Description
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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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2019-06-14 | 2019-07-10 | 26 | $399,000 | $395,000 | Sold |
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Property Details
Street
City
Property Type
Duplex, 2-Storey
Lot Size
54' x 120'
Fronting
South
Taxes
$3,337 (2023)
Basement
Crawl Space, Unfinished
Exterior
Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
7
Driveway
Available
Garage Type
Detached
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Brantford Market Statistics
Brantford Price Trend
26 Park Ave is a 4-bedroom 2-bathroom home listed for sale at $496,000, which is $401,500 (44.7%) lower than the average sold price of $897,500 in the last 30 days (April 1 - April 30). During the last 30 days the average sold price for a 4 bedroom home in Brantford increased by $92,500 (11.5%) compared to the previous 30 day period (March 2 - March 31) and up $51,875 (6.1%) from the same time one year ago.Inventory Change
There were 42 4-bedroom homes listed in Brantford over the last 30 days (April 1 - April 30), which is up 31.2% compared with the previous 30 day period (March 2 - March 31) and up 82.6% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Brantford typically sold ($15,409) (1.7%) below asking price over the last 30 days (April 1 - April 30), which represents a $2,591 increase compared to the previous 30 day period (March 2 - March 31) and ($23,111) 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 4-bedroom homes in Brantford over the last 30 days (April 1 - April 30) stood at 71.4%, up from 46.9% over the previous 30 days (March 2 - March 31) and up from 34.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Brantford stood at 20 days when successfully sold over the last 30 days (April 1 - April 30), compared to 78 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Gold Realty Inc.
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Welcome to 119 Charlotte! This 2 unit home is perfect for an investor or someone looking to move into one unit and offset their mortgage the second. Both floors boast two bedroom units with a kitchen and bathroom. Fully separate entrances allow privacy between units plus separate hydro meters. Laundry on the main floor unit. Close to downtown Branford, both units will be provided vacant after June 1st.
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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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