219 ERIE AVENUE, Brantford, Ontario, N3S2H1
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 (id:2471)
McConkey Real Estate Corp. Brokerage
- 705-868-4674
- 705-745-4321
- 705-745-4324
- charmcconkey@gmail.com
- Property Address: 219 ERIE AVENUE, Brantford, Ontario, N3S2H1
- Property Type: Single Family
- Title: Freehold
- Lot Size: 37.1 x 115 FT
- Acreage: 37.1 x 115 FT
- Sewage Type: Sanitary sewer
- Water Type: Municipal water
- Driveway: No Garage
- Total Parking Spaces: 3
- Maintenance Fee: 0.00
- Structure Style: House
- Style: Detached
- Storeys: 2.5
- Floor Space: 2500 - 3000 sqft
- Bedrooms: 5
- Bathrooms: 2-Total
- Basement Type: Full (Finished)
- Heating Type: Natural gas, Forced air
- Cooling: None
- Exterior Type: Brick Facing
- Fireplace Present: True
- Appliances Included: All
Listing Office: LPT REALTY
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