86 Victoria Street

Nestled in the heart of Brantford, this exceptional property at 86 Victoria Street, Brantford, presents a fantastic investment opportunity as a Multi-Family Home for sale in Brantford . This legal top and bottom duplex is ideally located close to essential amenities, including downtown Brantford, Wilfrid Laurier University, Conestoga College, and Brantford Hospital, making it an attractive option for both investors and families alike.

The building, a charming 2-storey multiplex constructed over 100 years ago, boasts a robust exterior of aluminium siding and brick, ensuring both durability and aesthetic appeal. The property spans a lot size of 38 x 66 feet, providing ample space for potential outdoor enhancements, although it currently does not feature a pool or garage. The driveway is private, accommodating up to two parking spaces, which is a valuable asset in this bustling area.

Inside, the Multi-Family Home for sale in Brantford offers a total of 11 rooms, including two well-appointed bedrooms and a bathroom on the main floor. The spacious living room, coupled with a walk-out kitchen, creates an inviting atmosphere for residents. This unit also benefits from exclusive laundry access in the unfinished full basement, which presents opportunities for further development or storage. Currently, the main floor is rented on a month-to-month basis for £1,800 plus hydro, with the tenant expressing a willingness to stay, thus providing immediate rental income for prospective buyers.

The upper unit mirrors the layout of the lower level, featuring two bedrooms and a bathroom, along with a generous kitchen/dining area and a living room. This configuration makes the Multi-Family Home for sale in Brantford an ideal choice for those looking to subsidise their mortgage by renting out both units. Each unit has its hydro meter, allowing for separate billing, which is a significant advantage for landlords.

While the property does not include central air conditioning or a fireplace, it is equipped with forced air heating, ensuring comfort throughout the colder months. The home is unfurnished, providing new owners with the opportunity to personalise the space to their taste. Furthermore, the property is connected to municipal water and sewer services, ensuring convenience for all residents.

The location of 86 Victoria Street, Brantford, is particularly advantageous, with excellent access to public transport, shopping facilities, and local attractions, including a nearby casino. This makes it not only a practical residence but also a desirable spot for potential tenants, enhancing the property's rental appeal.

In summary, this Multi-Family Home for sale in Brantford is a remarkable opportunity for investors seeking a property with strong rental potential and a prime location. With its two separate units, each featuring two bedrooms and one bathroom, along with the added benefit of being close to educational institutions and healthcare facilities, this property is poised to attract a variety of tenants.

If you are looking for a well-located investment in Brantford, do not miss the chance to view this property at 86 Victoria Street, Brantford. The combination of its historical charm, practical layout, and investment potential makes this Multi-Family Home for sale in Brantford a must-see for serious buyers.

Schools in the Neighbourhood

This property is conveniently located near two educational institutions, making it an excellent choice for families. The North Ward School, an elementary school under the Grand Erie District School Board, is situated just 2.0 km away. It offers a public education in English for students from junior kindergarten to grade 8. Additionally, Paris District High School, also part of the Grand Erie District School Board, is located only 1.9 km from the property. This secondary school provides education for grades 9 to 12, ensuring that older students have access to quality public schooling in English. Both schools are within a short distance, promoting easy commutes for students and peace of mind for parents. While the schools currently have a rating of 0, the proximity to educational facilities is a significant advantage for families considering this property. Overall, the nearby schools cater to a range of educational needs, making this location ideal for those prioritizing education for their children.

Key Statistics of the Neighbourhood

The area surrounding the property boasts a population of 875 residents, with an average household size of 2.5 individuals. The demographic profile indicates a mature community, with an average age of 45.7 years. Economically, the area is relatively affluent, featuring an average household income of $108,800, while only 4% of the population falls under the low-income category. The average property price is approximately $700,000, reflecting the area's desirability. Socially, the community is diverse, with 38.78% of residents being single and 40.82% living in households with children. The immigrant population stands at 6.96%, contributing to the area's cultural richness. Renters make up 29.85% of the housing market, with condos accounting for 7.46% of the properties. Educationally, nearly half of the residents (49.26%) hold a college or university degree, highlighting a well-educated populace. However, it is notable that 37.5% of the community is not in the labor force, suggesting a potential need for employment opportunities. Overall, this area presents a blend of stability, education, and economic prosperity, making it an attractive location for families and individuals alike.