38 Washington Street, Brant

$649,999
38 Washington Street

$649,999

New
24d
Detached1 1/2 Storey

38 Washington Street, Brant

Total Monthly Obligation $3,247

Beds
3
Baths
2
Park
2
Sqft
700-1100
DOM
24d
Score
21
Yield
5.2%
Cash on Cash
-1.0%
Cap Rate
4.4%
5Y IRR
14.7%
10Y IRR
13.9%
Property Type-Detached
MLS® Number-X13846324
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-82.5 × 126.72 ft
Listed on site-Sep 29, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$3,000 (2025)
Parking-4 - Detached
Basement-Apartment, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-immed
Neighbourhood-Paris
Title-Residential Freehold

No agent assigned

Welcome to 38 Washington Street-a great opportunity to make a your home in a community known for its small-town charm, scenic surroundings and convenient access to everyday amenities. Large 82.5' x 126.7' corner lot, with private drive for 4, and heated detached garage/workshop. There is a finished lower level with an "in-law suite" with a private entrance. Main floor has spacious living room with fireplace, bright good size kitchen and 2 bedrooms upstairs. Forced air gas heating and central air conditioning too.

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

Closing Costs

Mortgage Amount
$519,999
Land Transfer Taxes$9,475
Legal Fees (Est.)
$
Total cash required for closing$140,975

Total Monthly Obligation

$3,247/mo
Mortgage $2,622
Monthly Loss $2,557
Principal$690
Interest$1,932
Property Tax$250
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%23
Cash-on-Cash
-6.1%2
5-Year IRR
10.8%41
10-Year IRR
11.2%
Returns Index
21.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$33,840/yr
NOI
$22,956/yr
Net Cash Flow
-$709/mo
Cash Margin
-25.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo49
Risk Index
26.1/ 100

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

Comparables

Properties near 38 Washington Street

Time

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Data last updated within the past 24 hours.