219 Erie Avenue Brantford, Ontario N3S 2H1
$549,000
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. 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 (id:66349)
Property Details
| MLS® Number | X13533150 |
| Property Type | Multi-family |
| Equipment Type | Water Heater |
| Parking Space Total | 3 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Appliances | All |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Cooling Type | None |
| Exterior Finish | Brick Facing |
| Fireplace Present | Yes |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 2,500 - 3,000 Sqft |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 115 Ft |
| Size Frontage | 37 Ft ,1 In |
| Size Irregular | 37.1 X 115 Ft |
| Size Total Text | 37.1 X 115 Ft |
https://www.realtor.ca/real-estate/30000295/219-erie-avenue-brantford
Contact Us
Contact us for more information
Sindee Khera
Salesperson
www.thekheragroup.com/
www.facebook.com/TheKheraGroup1?mibextid=wwXIfr&mibextid=wwXIfr
www.linkedin.com/in/sindee-khera-3bb881182?utm_source=share&utm_campaign=share_via&utm_conte
5100-333 Bay St
Toronto, Ontario M5H 2R2
(877) 366-2213
www.lpt.com/

























