Lower-Level Suite Ready for Rental Income on Wayne Drive

Property details for 25 Wayne Drive, Brantford

Type: Residential
Style: Bungalow
Bedrooms: 4
Bathrooms: 2
Living Area: 1,998 square feet
Stories: 1
Basement: Finished, Full
Parking: Detached Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick Veneer
Ownership: Freehold
Annual Taxes: $4,068

The standout here is the fully finished lower level with a separate back entrance, already set up for a kitchenette. It's got a rec room (19'3" x 18'10"), an office, a bedroom, and a bath with a huge walk-in tiled shower. Perfect for a tenant or in-laws. Upstairs are three more bedrooms, hardwood throughout, and a kitchen that opens to the dining room with a pantry. The lot is a deep 59' x 153', and there's an oversized detached garage from 2007 with hydro. Parking's no issue with space for six. It's a solid bungalow with brick exterior, central air, and forced gas heat. You're close to everything: Angel's Diner is a 2-minute walk, and you're under 15 minutes' drive to a few Tim Hortons, Walmart, and a golf course. Taxes run about $4,067 a year. Priced at $659,900, it sits pretty close to the local median of $649,900, but that income suite sets it apart.

About 25 Wayne Drive, Brantford — Property Score

Prime Location Feature Rich

Score: 67/100

Value

Priced 2.9% below area median of $679,450 based on 138 comparable properties nearby 74

$330/sqft - 7.6% below the $357/sqft area median 81

Stable pricing - no price changes since original listing date 50

Size

1,998 sqft - 25% more space than similarly priced homes (1,602 sqft median) 80

4 bedrooms - 1 more than similarly priced 3-bedroom homes nearby 72

2 bathrooms - typical for similarly priced properties 60

Location

$73K median household income - near the Canadian average of $70K 67

78% of residents hold postsecondary credentials - a highly educated neighbourhood 86

92% homeownership rate - indicating a stable, owner-occupied community 95

73% of residents commute under 30 minutes - excellent commuter accessibility 88

1,980/km² population density - a well-balanced suburban area 90

Market

Just listed - area average is 50 days on market 100

-20.1% median price change over 1 month - declining prices in the area 1

35.4 months of housing supply - 531 active listings with 15 sold last month (buyer's market) 40

Features

6-car garage - more than the area average of 4.8 spots 95

Finished, Full basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.62% effective tax rate ($4,067/yr) - below the Canadian average of ~1% 81

5% renter population - primarily owner-occupied area 36

Quality

Condition

Listing

38 photos provided - 9% more than the area average of 35 photos 92

5 of 7 key property details provided (71%) - good detail coverage 76

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.