$549,000
For sale: Detached

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
Sold data
Detached homes in Brantford took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 52, across 169 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.
The median sale price was $639,999.
Homes sold for about 2.8% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 26% of sellers reduced their price before finding a buyer.
Based on 169 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Brantford has 43 Fraser Institute–rated schools (38 elementary and 5 secondary), averaging 4.4/10.
School ratings from the Fraser Institute's Ontario school report cards.
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