1 John Avenue, Brant

$550,000
1 John Avenue

$550,000

New
7d
Detached2-Storey

1 John Avenue, Brant

Total Monthly Obligation $2,852

Beds
5
Baths
2
Park
3
Sqft
2000-2500
DOM
7d
Score
25
Yield
6.4%
Cash on Cash
3.7%
Cap Rate
5.4%
5Y IRR
18.6%
10Y IRR
17.1%
Property Type-Detached
MLS® Number-X14086720
Beds-5
Bathrooms-2
Size-2000-2500 sqft
Lot Size-78.31 × 76.05 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Detached
Taxes-$3,105 (2025)
Parking-3 - Carport
Basement-Partial Basement
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Stone, Other
Sewer-Sewer
Possession-Flexible
Neighbourhood-Paris
Title-Residential Freehold

No agent assigned

SPACE, POTENTIAL AND FUTURE VALUE! At $550,000, 1 John Avenue represents an exceptional opportunity to invest in a property with room to grow, improve, and potentially generate income. With approximately 2,200 sq. ft. of above-grade living space, this is currently the largest home available in Brant County priced at $550,000 or less! Originally built in 1910, this century home features 5 bedrooms, 2 full bathrooms, and a layout that provides plenty of possibilities for buyers with an eye toward the future. Whether you're looking to build equity through renovations, accommodate a growing or multigenerational family, or explore the potential for rental income, there's plenty to work with here. Previously used as a duplex, the home retains two separate entrances, including one that could provide direct access to the second floor. This creates intriguing possibilities for conversion back to a duplex, a long-term rental arrangement, or even short-term rental accommodations, subject to municipal approvals and applicable regulations. The main floor features a spacious living room, large kitchen, dining room, bedroom, laundry, and a renovated bathroom (2024). Upstairs are four additional bedrooms, including a generous primary bedroom with its own ensuite. Updates include appliances within the past five years, furnace, air conditioning, and 200-amp electrical service. Situated on a quiet street on a large corner lot with mature trees, the property is just a short distance from downtown Paris, the Grand River, restaurants, shops, parks, and walking trails. There's character here, there's space, and most importantly, there's potential. For buyers willing to invest some vision and effort, 1 John Avenue presents an opportunity to create something special while building value for the future.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$440,000
Land Transfer Taxes$7,475
Legal Fees (Est.)
$
Total cash required for closing$118,975

Total Monthly Obligation

$2,852/mo
Mortgage $2,219
Monthly Loss $2,268
Principal$584
Interest$1,635
Property Tax$259
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.4%31
Cash-on-Cash
-2.1%5
5-Year IRR
14.0%65
10-Year IRR
13.8%
Returns Index
33.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$35,280/yr
NOI
$24,147/yr
Net Cash Flow
-$206/mo
Cash Margin
-7.0%1
Cash Flow Index
1.2/ 100
Risk Profile
Weight: 20%
DSCR
0.9120
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo57
Risk Index
31.7/ 100

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

Comparables

Properties near 1 John Avenue

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.