Rented to WLU/Nipissing students for the past 7 years. Four rooms currently rented to 2nd year students on a 12 month lease, starting May 1, 2013. Gross income of $19,200. Turn key operation. Excellent location. Home is clean and very well maintained. Good sized rooms. Excellent return. Owner pursuing other interests, downsizing and nearing retirement. Contact for location, expenses or other details.
"The Land Transfer Tax in Brantford, Ontario based on the selling price of $204,900.00 is $1,774.00."
* See the land transfer tax formula for Ontario
+ $0 to $55,000.00 - land transfer tax is 0.5% + $55,000.00 to $250,000.00 - land transfer tax is 1.0 + $250,000.00 to $400,000.00 - land transfer tax is 1.5%
$400,000.00 and up - land transfer tax is 2.0%
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