42 Charles Street, Brantford

$609,000
42 Charles Street

$609,000

New
27d
DetachedBungalow

42 Charles Street, Brantford

Total Monthly Obligation $3,141

Beds
3
Baths
2
Park
3
Sqft
700-1100
DOM
27d
Score
19
Yield
4.7%
Cash on Cash
-4.1%
Cap Rate
3.7%
5Y IRR
12.3%
10Y IRR
12.0%
Property Type-Detached
MLS® Number-X13832122
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-60 × 152.75 ft
Listed on site-Sep 26, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,718 (2026)
Parking-3 - None
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-Inground
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Other
Sewer-Sewer
Possession-TBA/ASAP
Title-Residential Freehold

No agent assigned

Welcome to this well-maintained 3-bedroom, 2-bathroom bungalow situated on an exceptionally deep 60 x 152 ft fully fenced lot in a well-established pocket of West Brant. This home offers a great blend of comfort, functionality, and outdoor living. The main floor features a bright living room with hardwood flooring, pot lights, and custom cabinetry, flowing into a functional kitchen also equipped with pot lights. A 4-piece bathroom serves the main level, along with three well-appointed bedrooms-each finished with broadloom and pot lights. The primary bedroom includes a closet and window, while the second bedroom offers a window and closet, and the third bedroom is ideal as a kid's room or home office, also complete with a closet and window. The basement offers a separate side entrance and an excellent layout for in-law suite potential, featuring a spacious family/rec room with pot lights, a 2-piece bathroom, a large laundry room, and plenty of storage space. Step outside to your private backyard retreat, showcasing a 16 x 12 ft in-ground swimming pool with easy-entry steps, concrete surround, interlocking brick patio, and a Safe-N-Secure deluxe mesh safety cover. The yard also includes three sheds and a wooden gazebo, offering ample storage and space to relax or entertain. The extra-long driveway accommodates multiple vehicles, and the deep lot provides exceptional outdoor space. Located in a desirable West Brant neighbourhood, close to schools, shopping, transit, parks, sports fields, community centre, and trails along the Grand River.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$487,200
Land Transfer Taxes$8,655
Legal Fees (Est.)
$
Total cash required for closing$131,955

Total Monthly Obligation

$3,141/mo
Mortgage $2,457
Monthly Loss $2,495
Principal$646
Interest$1,810
Property Tax$310
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.1%1
5-Year IRR
8.4%26
10-Year IRR
9.4%
Returns Index
14.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$28,596/yr
NOI
$17,518/yr
Net Cash Flow
-$997/mo
Cash Margin
-41.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo51
Risk Index
25.5/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 42 Charles Street

Time

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