$549,999

For sale

221 GRAND RIVER Avenue, Brantford - Single Family for Sale

221 GRAND RIVER Avenue, Brantford, Ontario, N3T4Y3

4 beds2 baths1 parking1,490 ft²5,227 sq ft (0.12 ac) lot sizeListed 143 days ago

Overview

This 4-bedroom, 2-bathroom home in Brantford is for sale offering roughly 1,490 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 family home with 2 kitchens, 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 & 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), main floor paint & durable laminate flooring (2021) (id:66096)

Property Details

MLS®: 40836866
Property Type: Single Family
Zoning: NLR(F9 A270 C40)
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,490 ft²
Lot Size: 5,227 sq ft (0.12 ac)
Frontage: 32 ft
Storeys: 2
Style: Other
Basement: Partially finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Ownership: Freehold
Property Tax: $3,472.38/yr
Listed

Rooms

Second level

Kitchen: 10'4'' x 11'0''
Bedroom: 9'4'' x 11'3''
4pc Bathroom
Bedroom: 8'1'' x 11'3''
Living room: 13'11'' x 17'9''

Basement

Laundry room: 10'4'' x 17'9''
Utility room: 11'10'' x 17'9''
Family room: 11'0'' x 17'9''

Main level

Bedroom: 5'0'' x 7'11''
4pc Bathroom

Features

Foundation: Block
Exterior: Brick, Vinyl siding
Lot Features: Shared Driveway

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

143d

Brantford listings, avg age

64d

Price / ft²

$369

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 Inc. · 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· $369/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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