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$549,000

219 ERIE Avenue, Brantford, Ontario, N3S 2H1

MLS® # 40845840

Brantford ON, N3S 2H1

MLS® # 40845840

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, 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) (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Duplex
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 3308 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 2
  • Access Type: Road access
  • Amenities Nearby: Schools
  • Community Features: High Traffic Area, School Bus
  • Features: Crushed stone driveway
  • Floor Space (approx): 3308 Square Feet
  • Lot Depth: 115 Feet
  • Lot Frontage: 37 Feet
  • Zoning: F-RC
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 3

Courtesy of: LPT Realty ULC

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 219 ERIE Avenue, Brantford, Ontario, N3S 2H1

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 %

Own Vs. Rent