$299,900

For saleJust listed

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#201 88 Tollgate Road, Brantford - Single Family for Sale

#201 88 Tollgate Road, Brantford, Ontario, N3R7R5

2 beds1 bath1 parking

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Investment analysis

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$299,900

Brantford

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Overview

This 2-bedroom, 1-bathroom condo in Brantford is for sale offering roughly 950 sq ft of space. Listed at $299,900, it is attractively priced about 30% below the $429,900 median asking price in Brantford. It has been on the market 7 days, fresher than the Brantford average of 63 days.

Condos for Sale in Brantford →All real estate in Brantford →

Description

Welcome to 88 Tollgate Road, Unit 201, Brantford! This two-bedroom, one-bathroom condo has been freshly painted and is ready for its next owner to make it their own. Offering a functional layout with two well-sized bedrooms, this unit is an excellent opportunity for first-time buyers, downsizers, or investors. Includes one outside parking space and a storage locker for added convenience. A great opportunity to own an affordable condo with plenty of potential. Make it yours! (id:66096)

Property Details

MLS®: X14125008
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Heat Pump, Electric
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $646/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,456.47/yr
Listed: 7 days ago

Rooms

Main level

Kitchen: 3.27 x 2.39 meters
Dining room: 3.27 x 2.82 meters
Living room: 5 x 3.51 meters
Bathroom: 1.7 x 2.36 meters
Primary Bedroom: 3.27 x 4.71 meters
Bedroom 2: 2.67 x 4.62 meters
Laundry room: 1.45 x 2.28 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Area context

Neighbourhood profile (N3R)

This home lists at $299,900, about 3.6× the local median household income of $83,000.

Carrying it typically needs a household income of about $58,581 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $83,000
Population: 35,858
Median age: 45.6
Owner / renter: 71% / 30%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA N3R)

$299,900· $316/ft²

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Full Cost Breakdown

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Down Payment5% · $14,995

Min 5%50%

Mortgage payment$1,580/mo

↳ CMHC premium ($11,396 capitalized)

Property tax (est.)$205/mo

Condo fee$646/mo

Total monthly$2,430

Cash Needed to Close

Down payment (5%)$14,995

Land transfer tax$2,974

Est. closing costs$3,400

Total cash needed$21,369

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

#201 88 Tollgate Road, Brantford - Single Family for Sale

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Description

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Neighbourhood profile (N3R)

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