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    For Sale - 219 Erie Avenue, Brantford, Ontario

    Est payment $2,636/mo
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    Views   3
    Time on Jump  102 day

    AI Summary *

    • Spacious 3,000+ sq ft duplex with two separate living units.
    • Each unit has its own entrance and hydro meter for privacy.
    • Current rental income of $4,500/month makes it a strong investment.
    • Finished basement offers the potential for a third income unit.
    • Great location near schools, trails, and downtown amenities.




    Welcome to 219 erie ave in brantford's sought-after eagle place! This massive 3,000+ sq ft duplex offers two self-contained units, each with a separate entrance and separate hydro meter-ideal for investors or owner-occupiers. Main level: kitchen, living room, 2 bedrooms, full bath-currently rentable at $2,400/month combined with the finished basement, which has 2 rooms and a very spacious living room. Upper level: 3 bedrooms plus a spacious third-story loft-currently rentable at $2,100/month. Combined rents of $4,500/month ($54,000/year) generate an estimated cap rate of approx. 6. 4%* at the $549,000 asking price. Bonus value-add: the fully finished basement already has its own separate entrance in place, offering excellent potential to convert into a third income unit (subject to municipal approval)-perfect for investors looking to maximize returns. Set your own rents! 3 parking spots at the rear. Located in family-friendly eagle place, steps to grand river trails, walkable to schools (princess elizabeth ps, jean vanier catholic elementary), and served by brantford transit route 12 right on erie ave. Minutes to downtown brantford shops, restaurants & laurier brantford campus. Endless possibilities in this rare investment opportunity-don't miss out! Sold "as is." all appliances "as is."*cap rate estimate based on est. 35% expense ratio; verify with actual tax/insurance figures. - all pictures have been virtually staged
    Listing IDX13533150
    Address219 Erie Avenue
    CityBrantford, Ontario
    Price$549,000
    Bed / Bath5 / 2 Full
    Style2 1/2 Storey, Detached
    ConstructionBrick Front
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features OtherOwnership FreeholdBasement Full, FinishedFoundation OtherHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 3.00
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    Listing Brokerage: LPT REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    219 Erie Avenue
    Brantford , Ontario
    5 2 $549,000
    Get more info