$400K · 2 bed Condo Apartment · Unit 712, 7 Erie Avenue, Brantford, Ontario N3S 2E7

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About this home

Welcome To Grandbell Condos! 2 Bedrooms + Den 858.8 Sqft. Of Open Concept, Living/Dining Room Features 9 Ft. Ceiling. Modern Kitchen, Stainless Steel Appliances. This Boutique Building Offers Modern Finishes, Upscale Amenities And Convenience. Steps To The Ground River. Surrounded By Scenic Trails. Located Minutes From Laurier University. Walking distance to Newly built Plaza With a Tim Hortons, Freshco, Beer Store, Boston Pizza, and More.

Property details

MLS#

X12758382

Status

Buy Now

Property class

Residential Condo & Other

Beds

Baths

2 full, 0 half

Rooms

Kitchens

Size

800-899Exact finished sqft not on MLS feed (often MPAC-only on broker systems)

Basement

None

Style

Apartment

Type

Condo Apartment

Year built

2023

Occupancy: Tenant Occupied
Washrooms: 4 pc · Main
Family room: No
Central vacuum: No
Ensuite laundry: No

Property features: Clear View, Park, Public Transit

Condo corp #: 131
Balcony: Open
Locker: None
Association amenities: Party Room/Meeting Room, Rooftop Deck/Garden
Fees include: Common Elements Included, Building Insurance Included, Parking Included
Pets: Yes-with Restrictions

Garage: None
Garage spaces: 0
Parking: 1 total
Heating: Forced Air
Heating fuel: Electric
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Stucco (Plaster) · Deck, Controlled Entry
Fronting on: —
Cross street: Market St. South / Erie Ave.
Stories: 7
Utilities: —
Laundry: Ensuite
Interior: Carpet Free, Countertop Range, Intercom, Primary Bedroom - Main Floor, Separate Hydro Meter
Parking features: Surface

Price movement & seller pressure

↓ $40KPrice reduction

MLS shows the seller reduced the asking price by $39,910 (from $439,900 to $399,990).

Motivated SellerWhy this label

176 days on market — Listing has been active for 176 days — extended time on market can signal seller pressure.

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $399,990✓ $3,071 tax✓ Electric✓ 800-899 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$3,855/mo

incl. closing costs (yr 1)

Annual total

$46,259

year 1

Mortgage only

$1,517/mo

principal + interest

Beyond mortgage

$1,506/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$79,998

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$256/mo

Utilities

Hydro / electricity$75/mo

≈ $0.13/ft² × ~850 ft² · incl. electric heat

Heat$0/mo

Electric heat — no gas service · see hydro

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$4,000/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$51/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$4,475

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)39% $18,209/yr

Property taxes16% $7,546/yr

Utilities5% $2,460/yr

Insurance & security3% $1,600/yr

Maintenance9% $4,000/yr

Condo fees16% $7,344/yr

Closing costs11% $5,100/yr

Mortgage is 39% of your true cost of ownership. The other 61% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$18,209	$1,517/mo
Government & taxes
Property tax	$3,071	$256/mo
Land transfer tax(closing)	$4,475	$373/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$4,000	$333/mo
Condo fees
Condo / HOA fees	$7,344	$612/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$46,259	$3,855/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 712

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs