219 Erie Avenue, Brantford, Ontario N3S 2H1

Listed for:
$549,000
6 beds
2 baths
Listed 18 days ago
Duplex for rent: 219 Erie Avenue, Brantford, Ontario N3S 2H1

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About

BSAR to Erie Ave. Cross street of Salisbury and Erie. Parking around back off Salisbury. 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, with finished basement with additional 2 bedrooms full bath—currently rentable at $2,400/month. Upper level: 2 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; (Pictures are virtually staged) (id:27476)

Property Highlights

MLS® Number
40845840
Type
Multi-family
Ownership Type
Freehold
Land Size
under 1/2 acre
Parking Space Total
3

Building

Building Type
Duplex
Storeys
3.00
Square Footage
3308 sqft
Bathrooms Total
2
Bedrooms Total
6
Amenities
Schools
Exterior Finish
Brick
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
LPT Realty ULC
MLS® number:
40845840
Agent:
Rupi Romero
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