With the rapidly escalating prices in Brantford, real estate dollars don't seem to go so far... Check out this property that you could own with a payment of $665/month!
34 Brock Lane, Brantford, ON
This cute, cozy bungalow hits the market on September 30th, with an asking price of $154,900. Featuring 3 bedrooms, tons of updates, large yard, nicely landscaped garden area with wood deck with tons of parking, you won't believe you can get so much for so little!
Check out a few photos:
You're thinking... $665/month and I can own this? With rent on a small 3 bedroom apartment in Brantford approaching $1,000-1,200... it doesn't even sound possible.
Here's how it breaks down.
$155,000 purchase price, and a down payment of $10,000 leaves you with a mortgage of $145,000. Now you will have some more expenses involved in purchasing a property so you will have to have some more savings ready for some one-time fees.
With banks like TD offering 2.39% fixed rates for a 4 year term, a mortgage payment on $145,000 is $664.74.
Once you add $150/month in property tax, utilties and insurance, your monthly payment can still be less than you would pay for an apartment!
Property available now for viewings. Call/email/text/facebook or contact your Realtor to book an appointment!