145 Erie Ave
Brantford, N3S 2G4
FOR SALE
$679,000
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BEDROOMS3
BATHROOMS3
KITCHENS14
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Property Description
Looking for an investment property with plenty of up-side? 145 Erie Ave may be what you're looking for. In 2017, most of the heavy lifting was done for you. New plumbing throughout, new electrical through out (including an updated service), new roof, new windows and a new boiler. As an added bonus and in order to bring this triplex up to code, on-site laundry was installed in each unit as well. There is plenty of room for cosmetic improvements.
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Extras
Roof Shingles replaced 2017.
Property Features
Park, Public Transit
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Property Details
Street
City
Property Type
Triplex, 2-Storey
Lot Size
33' x 150'
Fronting
South
Taxes
$3,476 (2023)
Basement
Part Bsmt
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Lane
Garage Type
None
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Brantford Market Statistics
Brantford Price Trend
145 Erie Ave is a 4-bedroom 3-bathroom home listed for sale at $679,000, which is $218,500 (24.3%) lower than the average sold price of $897,500 in the last 30 days (March 31 - April 29). During the last 30 days the average sold price for a 4 bedroom home in Brantford increased by $92,500 (11.5%) compared to the previous 30 day period (March 1 - March 30) and up $51,875 (6.1%) from the same time one year ago.Inventory Change
There were 38 4-bedroom homes listed in Brantford over the last 30 days (March 31 - April 29), which is up 8.6% compared with the previous 30 day period (March 1 - March 30) and up 52.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Brantford typically sold ($15,409) (1.7%) below asking price over the last 30 days (March 31 - April 29), which represents a $2,591 increase compared to the previous 30 day period (March 1 - March 30) and ($23,111) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Brantford over the last 30 days (March 31 - April 29) stood at 78.9%, up from 42.9% over the previous 30 days (March 1 - March 30) and up from 32.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Brantford stood at 20 days when successfully sold over the last 30 days (March 31 - April 29), compared to 78 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty, Brokerage
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Looking to get into the investment market or add to your portfolio? How about just getting into the real estate market when everything seems unaffordable. 12 Fleet Street maybe what you're looking for. With one unit currently vacant, this is the perfect time to get into 12 Fleet Street and start your upgrades and get market rents. Or, live in one unit and have the other 2 units help you out financially. This is a fully legal triplex in Brantford close to all amenities as well as Wilfred Laurier's Brantford campus! The 2 existing tenants rents do include hydro but each unit is separately metered
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