55 Palace Street, Brantford, ON

$639,900
MLS#:X12216533
4 beds
3 baths
1500-2000 sqft
2.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["1 1/2 Storey"] triplex located in the coveted neighborhood of Brantford. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $639,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 3 Bathrooms with 3 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 45.93 x 166.6 ft lot
  • Features a ["apartment"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: None
  • equipped with ["none"] central cooling and highly efficient radiant heating via gas

A rare investment opportunity or perfect multi-family home in the heart of Brantford! This well-maintained triplex is ideally located close to downtown, Wilfrid Laurier University, the public library, and all essential amenities. With Triple A+ tenants already in place who would love to stay, this is truly a turn-key investment with strong income potential. The main floor unit is spacious and full of character. This 2-bedroom unit features a large renovated 4-piece bathroom and an updated kitchen with new flooring. The bright living room boasts a classic bay window, and the separate dining room retains its original hardwood floors for timeless charm. Enjoy convenient access to the basement with in-unit laundry (washer & dryer included). The upper unit has been completely renovated and offers 1 bedroom plus a versatile bonus room ideal for a den or office, living room and nice size kitchen. It also includes a 4-piece bath, a separate laundry area with washer and dryer. The basement unit had an egress window installed in 2020 and features a large eat-in kitchen, living room, and a 3-piece renovated bath. This unit also includes its own washer and dryer. The private rear yard is a peaceful retreat, complete with mature trees and a spacious deck perfect for enjoying warm summer evenings. This versatile property offers excellent income potential or multi-generational living in a central location. Don't miss your chance to own a fully renovated, turn-key triplex in one of Brantfords most convenient neighbourhoods!

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Key Features

Bedrooms
4
Bathrooms
3
Kitchens
3
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 29, 2025
Sold price information is available to members only
Listed Date6/11/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeTriplex
Architectural Style1 1/2 Storey
ConstructionBrick, Aluminum Siding
BasementApartment
Lot Size45.93 × 166.6 Feet
CountyBrantford
Annual Tax$3,557
Legal DescriptionPT LT 1, S/S PALACE ST, PL CITY OF BRANTFORD, SEPTEMBER 7, 1892 AS IN A150862 ; BRANTFORD CITY

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeRadiant
CoolingNone

Features

Property Features

Fenced Yard, Hospital, Library, Park, Place Of Worship, Public Transit

Interior Features

None

Security Features

Community Features

Location

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55 Palace Street, Brantford, ON

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 55 Palace Street, Brantford, ON N3T 3W8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$511,920
Monthly Mortgage$2,974
Property Tax (Est.)$296
Utilities & Maint.$350
Total Monthly Cost$3,620

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Brantford.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Brantford.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$688,076

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Central
Public135 George Street, Brantford, Ontario, N3W 2B2
1.7
Graham Bell-Victoria
Public56 Grand Street, Brantford, Ontario, N3R 4B2
0.6
Dufferin
Public106 Chestnut Avenue, Brantford, Ontario, N3T 4C6
6.0
Grandview
Public68 North Park Street, Brantford, Ontario, N3R 4J9
0.9
Christ the King
Public165 Dufferin Avenue, Brantford, Ontario, N3T 4R4
6.1

Secondary Schools

Brantford
Public120 Brant Avenue, Brantford, Ontario, N3T 3H3
5.3
St. John’s
Catholic80 Paris Road, Brantford, Ontario, N3R 1H9
6.6
Pauline Johnson
Public627 Colborne Street, Brantford, Ontario, N3S 3M8
2.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.