7 Erie Ave 812
Brantford, N3S 2E7
FOR SALE
$464,000

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Property Description
Bright and Spacious 2 Bed, 2 Bath Corner Unit Condo. 9Ft Ceilings! Euro-Contemporary Style Cabinetry in Kitchen with Center Island and Stone Countertops. Stainless Steel Appliances. Private Primary Bedroom Ensuite. Located minutes from Wilfrid Laurier University, The Grand River, Elements Casino and numerous other amenities. **EXTRAS** 1 parking spot & 1 locker
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-08-07 | 2024-08-19 | 12 | $2,300 | $2,300 | Leased |
2024-08-07 | 2024-08-20 | 13 | $529,000 | - | Suspended |
2023-06-08 | 2023-07-21 | 43 | $2,300 | $2,300 | Leased |
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$3,101 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Surface
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Brantford Market Statistics
Brantford Price Trend
7 Erie Ave 812 is a 2-bedroom 2-bathroom condo listed for sale at $464,000, which is $146,000 (45.9%) higher than the average sold price of $318,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Brantford declined by $312,000 (49.5%) compared to the previous 30 day period (December 22 - January 20) and down $62,000 (16.3%) from the same time one year ago.Inventory Change
There were 9 2-bedroom condos listed in Brantford over the last 30 days (January 21 - February 19), which is up 50.0% compared with the previous 30 day period (December 22 - January 20) and up 50.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Brantford typically sold ($31,900) (10.0%) below asking price over the last 30 days (January 21 - February 19), which represents a $11,900 decrease compared to the previous 30 day period (December 22 - January 20) and ($19,900) 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 2-bedroom condos in Brantford over the last 30 days (January 21 - February 19) stood at 11.1%, down from 16.7% over the previous 30 days (December 22 - January 20) and down from 16.7% 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 50 days when successfully sold over the last 30 days (January 21 - February 19), compared to 90 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Real Estate Centre Inc.
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