7 Erie Ave 311
Brantford, N3S 2E7
FOR SALE
$399,900
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BEDROOMS1
BATHROOMS1
KITCHENS3 + 1
ROOMSX10403120
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Property Description
Great Location, Grand bell boutique condo building that overlooks the Grand River in the heart of Brantford. A short distance to Laurier University and a short walk to newly built Plaza with many brand stores such as Tims, Dollarama, Freshco Grocery Store, the Beer Store, restaurants and many other. Boasts 9 Ceilings With A Modern Open Concept Layout. This neighbourhood is developing and exciting facilities are in the making. Many building amenities to enjoy! Gym, Rooftop Deck/Garden. Great condo at a fantastic price for end user or investor.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-07-30 | 2024-10-30 | 92 | $399,900 | - | Expired |
2024-05-15 | 2024-07-29 | 75 | $419,000 | - | Terminated |
Property Features
Clear View, Library, Park, Public Transit, Rec Centre
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,358 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Other
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (Level 1)
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Prim Bdrm | Main | 8.92' x 9.88' | |
Kitchen | Main | 10.79' x 7.97' | |
Living | Main | 10.79' x 8.99' | |
Bathroom | Main | 4.10' x 7.71' |
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Brantford Market Statistics
Brantford Price Trend
7 Erie Ave 311 is a 1-bedroom 1-bathroom condo listed for sale at $399,900, which is $84,900 (27.0%) higher than the average sold price of $315,000 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom condo in Brantford increased by $20,000 (6.8%) compared to the previous 30 day period (September 21 - October 20) and up $27,000 (9.4%) from the same time one year ago.Inventory Change
There were 10 1-bedroom condos listed in Brantford over the last 30 days (October 21 - November 19), which is up 25.0% compared with the previous 30 day period (September 21 - October 20) and down 9.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Brantford typically sold ($14,900) (4.7%) below asking price over the last 30 days (October 21 - November 19), which represents a $35,000 decrease compared to the previous 30 day period (September 21 - October 20) and ($11,900) less 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 (October 21 - November 19) stood at 10.0%, down from 12.5% over the previous 30 days (September 21 - October 20) and down from 18.2% 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 9 days when successfully sold over the last 30 days (October 21 - November 19), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Red Star Realty Inc.
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