24 Carmichael Crescent, Brantford

$1,249,000
24 Carmichael Crescent

$1,249,000

New
22d
Detached1 1/2 Storey

24 Carmichael Crescent, Brantford

Total Monthly Obligation $6,143

Beds
4
Baths
4
Park
4
Sqft
1500-2000
DOM
22d
Score
14
Yield
3.1%
Cash on Cash
-11.3%
Cap Rate
2.2%
5Y IRR
6.8%
10Y IRR
7.8%
Property Type-Detached
MLS® Number-X13848480
Beds-4
Bathrooms-4
Size-1500-2000 sqft
Lot Size-44.68 × 117.92 ft
Listed on site-Oct 1, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-16-30
Taxes-$8,757.14 (2026)
Parking-6 - Built-In
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-NEW ERA REAL ESTATE
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Natural Gas, Rec Room
Pool-None
Facing-East
Exterior-Brick, Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-60 Days
Title-Residential Freehold

No agent assigned

Welcome to this impressive 1.5-storey detached home perfectly situated on a desirable corner lot with no rear neighbours and a beautiful park backdrop. Offering over 3,000 sq ft of finished living space and 4 total bedrooms and bathrooms, this spacious home provides an ideal blend of comfort, functionality and versatile living space for the growing family. The main floor features a welcoming living room highlighted by a cozy gas fireplace, a separate dining room, convenient laundry and a spacious eat-in kitchen designed for both everyday living and entertaining. The kitchen boasts granite countertops, tiled backsplash, ample cupboard and preparation space, stainless steel appliances including built-in microwave and oven, and a centre island with breakfast bar. The main-floor primary bedroom offers excellent privacy with dual closets and a 4-piece ensuite bathroom. Upstairs, discover a private retreat featuring a spacious bedroom with walk-in closet and its own 3-piece ensuite bath-perfect for guests, older children or extended family. The fully finished basement expands the living space with a large recreation room complete with a second gas fireplace, two additional bedrooms, a 3-piece bathroom and generous storage area. Step outside to a fully fenced and beautifully landscaped backyard backing directly onto a park, offering peaceful views and added privacy with no homes behind. Enjoy the outdoors from the spacious deck, patio and gazebo-ideal for summer gatherings, relaxing or entertaining. Located close to schools, parks, trails, golf, highway access and major amenities, this exceptional property offers generous living space both inside and out in a highly convenient setting. A wonderful opportunity to enjoy space, privacy and a park-side lifestyle!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$999,200
Land Transfer Taxes$21,455
Legal Fees (Est.)
$
Total cash required for closing$272,755

Total Monthly Obligation

$6,143/mo
Mortgage $5,038
Monthly Loss $4,817
Principal$1,326
Interest$3,712
Property Tax$730
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.7%10
Cash-on-Cash
-14.6%0
5-Year IRR
4.2%9
10-Year IRR
6.1%
Returns Index
5.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$38,376/yr
NOI
$21,281/yr
Net Cash Flow
-$3,265/mo
Cash Margin
-102.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.353
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo24
Risk Index
15.1/ 100

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

Comparables

Properties near 24 Carmichael Crescent

Time

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