219 Erie Avenue,Brantford, ON N3S 2H1
Brantford, ON N3S 2H1
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, with finished basement with additional 2 bedrooms full bath-currently rentable at $2,400/month. Upper level: 2 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; (Pictures are virtually staged)
Details
| MLS # | 40845840 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Days On Site | 64 |
| Listing Provided By | LPT Realty ULC | Rupi Romero |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 2 |
| SQ Feet | 2,711 |
| Basement | Y |
| Story(s) | 3 |
| Units | 2 |
| Zoning | F-RC |
| Acreage | 0.10 |
Interior
| Appliances | Dishwasher, Refrigerator, Stove |
|---|---|
| Interior Features | Accessory Apartment, Separate Hydro Meters |
| Cooling | None |
| Cooling Yes / No | No |
| Heating | Forced Air, Natural Gas |
| Heating Yes / No | Yes |
| Laundry Features | In-Suite |
Exterior
| Lot Features | Rectangular, High Traffic Area, School Bus Route, Schools |
|---|---|
| Construction Materials | Brick |
| Roof | Asphalt Shing, Flat |
| Foundation Details | Poured Concrete |
Parking
| Garage Spaces | 0 |
|---|---|
| Parking Features | Gravel |
| Open Parking Yes / No | Yes |
| Attached Garage Yes / No | No |
Utilities
| Sewer | Sewer (Municipal) |
|---|
Taxes
| Tax Annual Amount | 3180 |
|---|
Area Information
| Province | ON |
|---|---|
| Region | Brantford |
| City | Brantford |
| Postal Code | N3S 2H1 |
| Area | 2084 Eagle Place |
| Subarea | 2085 Eagle Place West |
| Community Name | 2085 Eagle Place West |
| Listing VS Median (in 2085 Eagle Place West) | |
Price: $549,000 low | high Med: $404,900 sqft: 2,711 low | high Med: 1,164 $ / sqft: $203 low | high Med: $361 On site: 64 low | high Med: 16 | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Brantford |
| City | Brantford |
| Postal Code | N3S 2H1 |
| Area | 2084 Eagle Place |
| Subarea | 2085 Eagle Place West |
| Community Name | 2085 Eagle Place West |
| Listing VS Median (in 2085 Eagle Place West) | |
Price: $549,000 low | high Med: $404,900 sqft: 2,711 low | high Med: 1,164 $ / sqft: $203 low | high Med: $361 On site: 64 low | high Med: 16 | |