492 Grey Street 5, Brantford

$430,000
492 Grey Street 5

$430,000

New
4d
Condo TownhouseBungalow

492 Grey Street 5, Brantford

Total Monthly Obligation $2,482

Beds
2
Baths
1
Park
1
Sqft
1000-1199
DOM
4d
Score
20
Yield
5.8%
Cash on Cash
-2.9%
Cap Rate
4.0%
5Y IRR
13.2%
10Y IRR
12.8%
Property Type-Condo Townhouse
MLS® Number-X14092482
Beds-2
Bathrooms-1
Size-1000-1199 sqft
Listed on site-Oct 19, 2026
Style-Bungalow
Building Type-Condo Townhouse
Age-31-50
Taxes-$2,233.15 (2026)
Maintenance-$361.68/mo
Locker-None
Parking-1 - None
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX TWIN CITY REALTY INC.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Possession-Immediate
Title-Residential Condo & Other

No agent assigned

Welcome to 492 Grey Street, Unit 5, located in Brantford's established Echo Place neighborhood! This beautifully renovated 2-bedroom, 1-bathroom raised bungalow condo offers the perfect blend of modern comfort, accessibility and low-maintenance living. Thoughtfully updated throughout, the home features a brand-new kitchen complete with new appliances, bright and inviting living spaces, and a fully wheelchair-accessible main floor with convenient access from both the front entrance and rear deck. The unfinished basement provides generous storage and potential for additional living space. Enjoy the convenience of being directly across from Woodman Park Community Centre, with nearby parks, shopping, restaurants and easy access to Highway 403. Whether you're downsizing, starting out or simply looking for comfortable one-floor living, this move-in-ready home is one you won't want to miss!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$344,000
Land Transfer Taxes$5,075
Legal Fees (Est.)
$
Total cash required for closing$92,575

Total Monthly Obligation

$2,482/mo
Mortgage $1,735
Monthly Loss $2,026
Principal$456
Interest$1,278
Property Tax$186
Condo Fees$362
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.0%1
5-Year IRR
9.5%32
10-Year IRR
10.3%
Returns Index
17.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$24,912/yr
NOI
$13,447/yr
Net Cash Flow
-$614/mo
Cash Margin
-29.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo67
Risk Index
31.0/ 100

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

Comparables

Properties near 492 Grey Street 5

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.