$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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Listed by Royal LePage Brant Realty

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 900 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 64 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®: 40874311
Property Type: Single Family
Zoning: H-R4B-22, R4B (55U)
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 900 ft²
Storeys: 1
Style: Other
Basement: None
Heating: Heat Pump, Electric
Cooling: Central air conditioning
Garage: Open
Condo Fee: $646/mo
Fee Includes: Property Management, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,456.47/yr
Listed: 7 days ago

Rooms

Main level

Laundry room: 7'6'' x 4'9''
3pc Bathroom: 7'9'' x 5'7''
Bedroom: 15'2'' x 8'9''
Primary Bedroom: 15'5'' x 10'9''
Dining room: 9'3'' x 10'9''
Living room: 11'6'' x 16'5''
Kitchen: 7'10'' x 10'9''

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

Market Timing

Days on market

Brantford listings, avg age

64d

Price / ft²

$333

List price

$300K

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.

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· $333/ft²

For sale

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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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