7 Erie Ave 414
Brantford, N3S 2E7
FOR SALE
$498,800
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2 + 1
BEDROOMS2
BATHROOMS1
KITCHENS5 + 1
ROOMSX9419296
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Property Description
A GREAT OPPORTUNITY FOR INVESTORS..... Don't Miss This Opportunity....Triple AAA Tenants.....Grand Bell Condos In the Heart of Brantford, Offering a Prime Location. Located 10 Minutes Walking Distance to Laurier University - Grand River, Newer Plaza - Shopping - Restaurants. This Modern Open Concept Featuring 9 Ft Ceilings. Residents can Indulge in a Range of Building Amenities including a Social Lounge & Co-Working Space and Fitness Centre, Outdoor Terrace & BBQ Area. Bright and Spacious 2 Bedroom, 2 Washroom, Modern Kitchen, Stainless Steel Appliances. Whether You're an End User or An Investor, this 858.8 SQFT (see builders plans attached) Condo presents a Fantastic Opportunity at an Unbeatable Price.
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Extras
Fridge, Stove, Microwave Range, Dishwasher, Washer & Dryer
Property Features
Library, School
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$3,072 (2024)
Basement
None
Exterior
Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 42.32' x 39.73' | Laminate, Combined W/Kitchen, W/O To Balcony |
| Kitchen | Flat | 39.70' x 45.60' | Combined W/Dining, Quartz Counter, Backsplash |
| Den | Flat | 20.01' x 19.69' | Combined W/Kitchen |
| Prim Bdrm | Flat | 31.50' x 33.46' | 4 Pc Ensuite, Large Window, Closet |
| 2nd Br | Flat | 31.50' x 26.61' | Large Window |
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Brantford Market Statistics
Brantford Price Trend
7 Erie Ave 414 is a 2-bedroom 2-bathroom condo listed for sale at $498,800, which is $123,800 (33.0%) higher than the average sold price of $375,000 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom condo in Brantford declined by $17,500 (4.5%) compared to the previous 30 day period (September 21 - October 20) and up $35,000 (10.3%) from the same time one year ago.Inventory Change
There were 6 2-bedroom condos listed in Brantford over the last 30 days (October 21 - November 19), which is up 50.0% compared with the previous 30 day period (September 21 - October 20) and up 200.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Brantford typically sold ($10,000) (2.7%) below asking price over the last 30 days (October 21 - November 19), which represents a $5,100 decrease compared to the previous 30 day period (September 21 - October 20) and $100 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 2-bedroom condos in Brantford over the last 30 days (October 21 - November 19) stood at 16.7%, down from 50.0% over the previous 30 days (September 21 - October 20) and down from 150.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Brantford stood at 27 days when successfully sold over the last 30 days (October 21 - November 19), compared to 70 days before being removed from the market upon being suspended or terminated.Listing contracted with Forestwood Real Estate Inc.
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