289 Chatham St
Brantford, N3S 6G3
FOR SALE
$998,000
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4 + 3
BEDROOMS5
BATHROOMS2
KITCHENS9
ROOMSX11823419
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Property Description
NEWLY BUILT LEGAL DUPLEX on a CORNER LOT with additional room/area for COMMERCIAL usage! LIVE IN ONE AND RENT THE OTHER TWO. GREAT MORTGAGE HELPER. OR, an opportunity to run a business from home while raising your kids. Unit 1 is on the main floor and has 4 bedrooms with 3 washrooms- 1 full bath and 2 two piece. You can use the 4th bedroom for commercial use as it comes with separate entrance and a 2 piece washroom. Did I mention that main floor has NINE FEET CEILING HEIGHT! Unit 2 is on the second floor and has separate entrance - it comes with 3 bedrooms and 2 washrooms with separate AC, Furnace, Laundry. Both units have separate utility meters. HOUSE HAS 5 ENTRANCES - 3 FOR THE MAIN UNIT, 1 FOR THE SECOND UNIT, AND 1 FOR THE COMMERICAL UNIT THAT CONNECTS TO THE MAIN HOUSE AS WELL. High end finishes throughout. One of the best properties in this quiet and mature neighborhood. Close to one of the best schools. Don't miss this opportunity to own this unique property!!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-10-08 | 2024-12-02 | 55 | $1,099,900 | - | Terminated |
Property Features
Other
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Property Details
Street
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
94' x 39'
Acreage
< .50
Fronting
West
Taxes
$1,718 (2024)
Basement
Crawl Space
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Available
Garage Type
None
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Brantford Market Statistics
Brantford Price Trend
289 Chatham St is a 4-bedroom 5-bathroom home listed for sale at $998,000, which is $177,322 (21.6%) higher than the average sold price of $820,678 in the last 30 days (November 3 - December 2). During the last 30 days the average sold price for a 4 bedroom home in Brantford increased by $86,678 (11.8%) compared to the previous 30 day period (October 4 - November 2) and down $61,822 (7.0%) from the same time one year ago.Inventory Change
There were 19 4-bedroom homes listed in Brantford over the last 30 days (November 3 - December 2), which is down 34.5% compared with the previous 30 day period (October 4 - November 2) and down 45.7% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Brantford typically sold ($32,342) (3.9%) below asking price over the last 30 days (November 3 - December 2), which represents a $12,442 decrease compared to the previous 30 day period (October 4 - November 2) and ($24,900) 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 4-bedroom homes in Brantford over the last 30 days (November 3 - December 2) stood at 73.7%, up from 37.9% over the previous 30 days (October 4 - November 2) and up from 34.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Brantford stood at 29 days when successfully sold over the last 30 days (November 3 - December 2), compared to 83 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realty Services Inc.
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