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162 Chatham St

Chatham StEast WardBrantfordON, N3S 4G4

8
Beds
4
Baths
4,251
Sq. Ft.
$699,000
List Price
162 Chatham St, Brantford, ON - 1 of 3
162 Chatham St, Brantford, ON - 2 of 3
162 Chatham St, Brantford, ON - 3 of 3
41 days on market

Quick Summary

  • Spacious 4,251 sq.ft. above-grade property
  • Finished basement with recreation room
  • Detached garage with conversion potential
  • Generates over $65,000 in annual rental income
  • Newly installed gas boiler in October 2022
  • Charming high ceilings and 10" baseboards
  • Hardwood and laminate flooring throughout
  • Fully fenced backyard with shared deck

A Great Investment Opportunity! This impressive property has approximately 4,251sq.ft. above-grade plus a finished basement and there is a detached garage that offers the potential for an additional residential unit. Unit 1 features 4 bedrooms, 2 bathrooms, a covered front porch, large room sizes with a huge living room and dining room... Show More

A Great Investment Opportunity! This impressive property has approximately 4,251sq.ft. above-grade plus a finished basement and there is a detached garage that offers the potential for an additional residential unit. Unit 1 features 4 bedrooms, 2 bathrooms, a covered front porch, large room sizes with a huge living room and dining room with pocket doors, a big eat-in kitchen, in-suite laundry, and a finished basement that has a recreation room and plenty of storage space. Unit 2 is currently vacant so you can set your own rent, and the new tenant can pay their proportionate share of the utilities based on square footage of the unit as per Ontario Regulation 349 and this unit offers 2 huge bedrooms, hardwood flooring, a big eat-in kitchen, in-suite laundry, and a 4pc. bathroom. Unit 3 has 2 large bedrooms, a bright living room with laminate flooring, a gas fireplace, another big eat-in kitchen, in-suite laundry, and a 4pc. bathroom. The 20’6” x 18’4” detached garage in the backyard could be rented as well but it also has the potential to be converted into an additional residential unit. The deck and fully fenced backyard space are shared by all tenants. This solid brick property has a fire escape, a new gas boiler was installed in October 2022, the character and charm of high ceilings and 10” baseboards, hardwood flooring and laminate flooring, on-demand water heater, large room sizes, and more. An excellent investment opportunity that generates more than $65,000 in annual rental income. Book a viewing before it's gone! (id:54626)

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Property Details

Size

4,251 sq. ft.
across 3 floors
8 Beds
4 Baths
4 Full

Parking

6 Parking Spaces
Detached Garage

Lot

Size
600′0″ * 1583′12″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Finished
Exterior
Brick
Foundation
Stone
Builder Name
-
Stories
3
Flooring
-
Roof
-

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
40657758
Last Updated
November 20, 2024
Brokerage
Re/Max Twin City Realty Inc
Powered by: REALTOR.ca
Call us 800-591-0566

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