219 ERIE AVENUE
Brantford, Ontario
MLS® X13533150
$549,000
- Status
- Active
- Property type
- House
- MLS® number
- X13533150
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- —
1 / 25Listing description
Welcome to 219 Erie Ave in Brantford's sought-after Eagle Place! This massive 3,000+ sq ft duplex offers two self-contained units, each with a separate entrance and separate hydro meter-ideal for investors or owner-occupiers. Main level: kitchen, living room, 2 bedrooms, full bath-currently rentable at $2,400/month combined with the finished basement, which has 2 rooms and a very spacious living room.
Upper level: 3 bedrooms plus a spacious third-story loft-currently rentable at $2,100/month. Combined rents of $4,500/month ($54,000/year) generate an estimated cap rate of approx. 6.
4%* at the $549,000 asking price. Bonus value-add: the fully finished basement already has its own separate entrance in place, offering excellent potential to convert into a third income unit (subject to municipal approval)-perfect for investors looking to maximize returns. Set your own rents!
3 parking spots at the rear. Located in family-friendly Eagle Place, steps to Grand River trails, walkable to schools (Princess Elizabeth PS, Jean Vanier Catholic Elementary), and served by Brantford Transit Route 12 right on Erie Ave. Minutes to downtown Brantford shops, restaurants & Laurier Brantford campus.
Endless possibilities in this rare investment opportunity-don't miss out! Sold "As Is." All appliances "As Is."
*Cap rate estimate based on est. 35% expense ratio; verify with actual tax/insurance figures. - ALL PICTURES HAVE BEEN VIRTUALLY STAGED
Property summary
- MLS® number
- X13533150
- Property type
- Single Family
- Building type
- House
- Title
- Freehold
- Land size
- 37.1 x 115 FT
- Annual property taxes
- $3,180.00
- Parking
- 3 spaces · No Garage
- Days on market
- 56 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
- Basement
- Finished, Full
- Appliances
- All
- Exterior features
- Brick Facing
What would this home cost you?
Based on the $549,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of LPT REALTY, TORONTO.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.