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Investment signal

$629,000

674 COLBORNE STREET E

Save this home

Beds

6

Baths

2

Sqft

Year

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Brantford. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Situated on a generous 54.68 x 126ft corner lot, this versatile property features 4+2 bedrooms in a rapidly revitalizing neighbourhood. Offering outstanding accessibility & high visibility along major arterial roads, this location is ideal for both residential living and future investment opportunities;The home has been thoughtfully upgraded with a new roof, modern kitchen, updated flooring, LED lighting throughout, two stylish 3-piece bathrooms, new Bump Heat AC system, new Basement windows and a brand-new washer and dryer-providing move-in-ready convenience. Perfectly positioned just 5 minutes from Hwy, Costco, and Mohawk Park, only 4 minutes to Wilfrid Laurier University, Walking distance to everyday shopping area. This property combines everyday convenience with strong rental income and lifestyle appeal.Zoned within the Intensification Corridor (IC) Program, this property aligns with the city's official plan, supporting higher density and mixed-use development. As these corridors continue to evolve into vibrant, dynamic hubs, this property presents a rare opportunity for investors, developers, or homeowners seeking long-term growth potentials. (id:65958)

Subtype
Single Family
Structure
House
Common interest
Freehold
Lot dimensions
54.7 x 126 FT
Bedrooms
4 above grade, 2 below grade
Parking
1 total
Stories
1.5
On market
Mar 18, 2026
Status changed
Apr 27, 2026
Annual tax
$2,842.43
Zoning
Residential
Photos
19
MLS#
X12894484
Area
BRANTFORD

Features and systems

Parking

No Garage

Basement

Partially finishedFull

Appliances

WasherDryerWindow Coverings

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Flooring

Laminate

Foundation

Concrete
Negative cash flow ~$569/mo at these assumptions

Cash on cash

-5.43%

Cap rate

3.78%

GRM

15.9

Break-even rent

$3,899

Financing

Down payment$125,800
Loan amount$503,200
Mortgage$2,550/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$288
Insurance$80
Maintenance$524
CapEx reserve$262
Vacancy loss$165

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,550/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.

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