7 Erie Ave 307

Brantford, N3S 0K5
FOR SALE
$329,000
7 Erie Ave 307, Brantford
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
3 + 1
ROOMS
X9347858
MLSID
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Property Description
Grand Bell Condos completed in 2023 is a boutique style condominium located in the heart of Brantford. It is located close to a newly built plaza that fulfills all shopping needs including groceries. Nearby is also the Hub of Ontario Trails for nature lovers, The Grand River, and Laurier University. The unit is 545 sq ft with 9 foot ceilings, new appliances, a walk-out balcony, and a study.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-21 2024-09-13 84 $339,000 - Terminated
2024-06-25 2024-08-06 42 $1,790 - Terminated
2023-01-05 2023-02-10 36 $1,590 $1,590 Leased
Extras
S/S Fridge, S/S Stove, S/S Built In Dishwasher, S/S Microwave, Washer, Dryer. One Exclusive Parking Spot
Property Features
Arts Centre, Rec Centre, School
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,358 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Exclusive
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
Prim BdrmMain9.28' x 9.38'Laminate, Double Closet
KitchenMain9.74' x 12.30'Combined W/Living, W/O To Balcony
LivingMain9.74' x 12.30'Combined W/Kitchen, W/O To Balcony
DenMain3.28' x 8.69'Laminate
Brantford Market Statistics
Brantford Price Trend
7 Erie Ave 307 is a 1-bedroom 1-bathroom condo listed for sale at $329,000, which is $51,000 (13.4%) lower than the average sold price of $380,000 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 1 bedroom condo in Brantford declined by $0 (0.0%) compared to the previous 30 day period (July 22 - August 20) and down $15,000 (3.8%) from the same time one year ago.
Inventory Change
There were 5 1-bedroom condos listed in Brantford over the last 30 days (August 21 - September 19), which is up 400.0% compared with the previous 30 day period (July 22 - August 20) and up 400.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Brantford typically sold ($12,000) (3.2%) below asking price over the last 30 days (August 21 - September 19), which represents a $0 decrease compared to the previous 30 day period (July 22 - August 20) and ($15,000) 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 1-bedroom condos in Brantford over the last 30 days (August 21 - September 19) stood at 80.0%, down from 900.0% over the previous 30 days (July 22 - August 20) and down from 100.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Brantford stood at 33 days when successfully sold over the last 30 days (August 21 - September 19), compared to 152 days before being removed from the market upon being suspended or terminated.
Listing contracted with Forest Hill Real Estate Inc.
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