7 Erie Ave 713
Brantford, N3S 0K5
FOR SALE
$399,000
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Property Description
Introducing a brand-new opportunity to own a modern condo at the Grand Belle, a boutique development overlooking the serene Grand River in Brantfords vibrant core! Perfectly positioned near Laurier University, this property offers convenience at your doorstep with a short walk to a bustling plaza featuring popular brands like Freshco, Tim Hortons, the Beer Store, and several dining options. With excellent access to transportation and local amenities, this flexible unit can serve as your live-work space or a cozy area for a computer nook, library, or dining corner. Ideal for first-time buyers, downsizers, or investors, this growing neighborhood is poised for exciting future developments. Enjoy surface parking and select building amenities like GYM, Party Room, Barbecue Station, Meeting Room, while being part of Brantford's thriving community!
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,183 (2024)
Basement
Other
Exterior
Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Brantford Market Statistics
Brantford Price Trend
7 Erie Ave 713 is a 1-bedroom 1-bathroom condo listed for sale at $399,000, which is $84,000 (26.7%) 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 Save Max Real Estate Inc.
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