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$ 549,000
Est. payment | /mo
5 Beds
2 Baths
$ 549,000
Est. payment | /mo
5 Beds
2 Baths
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
MLS Listing ID X13533150
Style 2 1/2 Storey
Bedrooms 5
Annual Tax Amount $3,180
Tax Year 2025
Property Sub-Type Duplex
Property Description
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
Location
Province ON
County Brantford
Area Brantford
Rooms
Family Room Yes
Basement Full, Finished
Kitchen 2
Interior
Interior Features Other
Cooling None
Fireplace Yes
Heat Source Gas
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 37.08
Lot Depth 115.0
Total Parking Spaces 3
Building
Foundation Other
Others
ParcelsYN No
Listed by LPT REALTY
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