$549,999

For sale

221 Grand River Avenue, Brantford - Single Family for Sale

221 Grand River Avenue, Brantford, Ontario, N3T4Y3

4 beds2 baths2 parking1,300 ft²32 × 160 ft (5,130 sq ft) lot sizeListed 143 days ago

Overview

This 4-bedroom, 2-bathroom home in Brantford is for sale offering roughly 1,300 sq ft of space. Listed at $549,999, it is attractively priced about 15% below the $649,900 median asking price in Brantford.

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Description

Welcome to Grand River Ave! This amazing duplex is the perfect turn-key investment or ideal for first-time buyers. The rent in one unit will help pay the mortgage which makes it desirable for first time buyers. Featuring two separate 2-bedroom units, each equipped with its own independent hydro and water meters for effortless management. The upper unit boasts a bright layout and convenient in-suite laundry. Main floor boasts of 2 bedrooms + basement family room, separate in-suite laundry. Situated on a premium, deep lot in an attractive neighborhood close to schools, parks, and scenic river trails. Complete with parking space. Do not miss this incredible, versatile opportunity! Updates : Furnace & A/C (2020), Roof (2018), and main floor paint & durable laminate flooring (2021). (id:66096)

Property Details

MLS®: X13450362
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 1,300 ft²
Lot Size: 32 × 160 ft (5,130 sq ft)
Frontage: 32 ft
Storeys: 2
Basement: Partially finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $3,472/yr
Listed: 143 days ago

Rooms

Main level

Foyer: 3.1 x 1.8 meters
Living room: 5.41 x 3.33 meters
Kitchen: 6.45 x 3.38 meters
Bedroom 2: 2.41 x 1.52 meters
Bathroom
Bedroom: 3.1 x 3.51 meters

Second level

Bedroom 2: 3.43 x 2.46 meters
Bathroom
Bedroom: 3.43 x 2.84 meters
Kitchen: 3.35 x 3.15 meters
Living room: 5.41 x 4.24 meters

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Foundation: Block
Exterior: Brick, Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

143d

Brantford listings, avg age

64d

Price / ft²

$423

List price

$550K

Homes here sell faster than most markets

Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 4-bed single family in Brantford is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by ROYAL LEPAGE STATE REALTY · CANDACE LEVIE-BURGESS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N3T)

This home lists at $549,999, about 6.4× the local median household income of $86,000.

Carrying it typically needs a household income of about $107,434 (20% down, 25-yr amortization, stress-tested) — roughly 25% above the area median.

Median household income: $86,000
Population: 37,406
Median age: 38.8
Owner / renter: 66% / 34%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA N3T)

$549,999· $423/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,999.90

Min 5.45%50%

Mortgage payment$2,883/mo

↳ CMHC premium ($20,800 capitalized)

Property tax (est.)$289/mo

Total monthly$3,172

Cash Needed to Close

Down payment (5.45%)$30,000

Land transfer tax$7,475

Est. closing costs$4,150

Total cash needed$41,625

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