Property Information:

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 (id:27)

Building Features:

Style: Multiplex
Building Type: Duplex
Basement Development: Finished
Basement Type: Full
Exterior Finish:
Fireplace: Yes
Floor Space: 2500 - 3000 sqft
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: None
Appliances: All

Property Features:

Property Type: Multi-family
Bedrooms: 5
Bathrooms: 2
Floor Space (approx): 2500 - 3000 Square Feet
Irregular: Yes
Lot Depth: 115 Feet
Lot Frontage: 37.1 Feet
Lot Size: 37.1 x 115 FT
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 3

Courtesy of: LPT REALTY

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Demographic Information of 219 ERIE AVENUE, Brantford, Ontario, N3S 2H1

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$82,768.41

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

28.01 %

High school certificate or equivalent

33.38 %

Apprenticeship trade certificate/diploma

6.83 %

College/non-university certificate

25.12 %

University Degree

6.66 %

Commuter

Travel To Work

By Car

91.35 %

By Public Transit

0.42 %

By Walking

1.01 %

By Bicycle

0.0 %

By Other Methods

7.22 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

23.04 %

Houses

76.96 %

219 ERIE AVENUE, Brantford, Ontario, N3S 2H1