88 East Avenue

Introducing a remarkable opportunity: a Multi-Family Home for sale in Brantford , situated at 88 East Avenue, Brantford. This property is an exceptional choice for homeowners and investors alike, offering both affordability and potential for significant investment growth. Nestled within the vibrant community of 2045 - East Ward, this multiplex is strategically located near essential amenities, making it an ideal residence for seniors, individuals, or families seeking comfort and convenience.

The property at 88 East Avenue, Brantford, features a well-thought-out layout that allows for a spacious main floor unit, perfect for those wishing to reside comfortably while also generating rental income from the upper levels. With the property delivered vacant, new owners have the flexibility to implement minor upgrades, thereby attracting quality tenants and setting competitive market rents from the very first day. The potential for maximising returns with two rental units makes this Multi-Family Home for sale in Brantford an astute investment choice.

In terms of features, this home boasts separate hydro meters, ensuring that utility costs are easily managed for each unit. Although the property does not include bedrooms or bathrooms as part of its current configuration, the full unfinished basement presents a blank canvas for further development, allowing for additional living space or storage options. The absence of a kitchen may seem limiting; however, it provides an opportunity for the new owner to design and install a bespoke kitchen tailored to their specifications or the needs of future tenants.

The property also benefits from central air conditioning, ensuring a comfortable living environment during the warmer months. While there is no family room or central vacuum system, the presence of a fireplace adds a charming touch to the living space, creating a cosy atmosphere during the colder seasons. The property is unfurnished, allowing buyers to personalise the space according to their tastes and preferences.

Parking is made easy with a private double-wide driveway, accommodating up to two vehicles, which is a significant advantage in this bustling area. Although there is no garage space, the interlock garage type provides a neat and tidy appearance to the exterior of the property. The lot measures 32 X 71 feet, and with additional land ranging from 0.50 to 1.99 acres, there is ample outdoor space for potential landscaping or recreational use.

The location of 88 East Avenue, Brantford, is another highlight of this Multi-Family Home for sale in Brantford. Just steps away from St. Mary's Church, Maria's Pizza, and the Grand River Community Health Centre, residents will find themselves in close proximity to essential services and leisure activities. Additionally, the property is conveniently located near parks, schools, and public transport, making it an attractive option for families and individuals alike. The proximity to Wilfrid Laurier University's Brantford campus further enhances the appeal of this property, as there is a strong demand for rental accommodation in this area, particularly among students.

In summary, this Multi-Family Home for sale in Brantford at 88 East Avenue, Brantford, presents an excellent investment opportunity with its spacious main floor unit and potential for rental income. The property’s strategic location, combined with its features, makes it a desirable choice for those looking to invest in the thriving Brantford market. With the freedom to make personalised upgrades and the potential for significant returns, this property is not to be missed. Take advantage of this unique opportunity to secure a versatile and promising investment in a community that offers both quality of life and growth potential.

East Ward, a vibrant neighbourhood in Brantford, Ontario, is characterised by its charming blend of historic architecture and modern amenities. This community is nestled along the scenic banks of the Grand River, offering residents picturesque views and ample opportunities for outdoor activities such as walking, cycling, and fishing. The area boasts a rich cultural heritage, with local parks, quaint shops, and diverse dining options that reflect the city's multicultural fabric. With excellent schools, community centres, and a strong sense of local pride, East Ward provides a welcoming environment for families and individuals alike, making it an ideal place to call home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an excellent choice for families. The closest school is Central Public School, situated just 1.1 km away, offering English instruction for grades JK to 8 under the Grand Erie District School Board. For those interested in French immersion, Ecole Dufferin Public School is located 2.5 km from the property, also catering to students from JK to 8. Additionally, St. Peter School, a Catholic institution, is 2.7 km away and provides English education for the same grade levels. All three schools are within a short driving distance, ensuring easy access for daily commutes. While the school ratings are not specified, the variety of educational options available caters to diverse learning preferences and needs. This proximity to schools not only enhances the family-friendly appeal of the neighborhood but also adds value to the property, making it an attractive investment for potential buyers seeking a supportive community for their children’s education.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 426 residents, with an average household size of 2.2. The demographic profile indicates a mature community, with an average age of 40.9 years. The average household income stands at $58,400, with 20% of the population classified as low-income. Housing prices are relatively high, with an average property price of $500,000. The community is characterized by a significant percentage of single individuals, comprising 52.7% of the population, while households with children account for 34.78%. Renters dominate the housing landscape, making up 62.16% of residents, and condominiums represent a modest 5.41% of housing options. Educational attainment is notable, with 36.11% of residents holding a college or university degree. However, a significant portion of the population, 43.06%, is not actively participating in the labor force, which may reflect various factors, including age or personal circumstances. Additionally, immigrants constitute 5.95% of the community, contributing to its diversity. Overall, this area presents a mix of demographics, with a focus on single residents and a substantial rental market, alongside a moderate educational background.