$380K · 2+1 bed Condo Apartment · Unit 305, 7 Erie Avenue, Brantford, Ontario N3S 0K5

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About this home

Welcome to Grandbell Condos - where modern design meets everyday convenience. This beautifully appointed 2-bedroom + den suite offers almost 800 sqft of thoughtfully designed, open-concept living plus a private balcony, ideal for both end-users and savvy investors. The spacious living and dining area is complemented by 9-foot ceilings, creating an airy, elevated feel throughout. The sleek, contemporary kitchen features premium stainless steel appliances, clean modern finishes, and functional flo…

Property details

MLS#

X12954378

Status

Buy Now

Property class

Residential Condo & Other

Beds

2+1

Baths

2 full, 0 half

Rooms

Kitchens

Size

700-799Exact 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 · Flat
Family room: No
Central vacuum: No
Ensuite laundry: No

Property features: Public Transit, Rec./Commun.Centre, River/Stream, School

Condo corp #: 131
Balcony: Open
Locker: Owned
Association amenities: Exercise Room, Gym, Party Room/Meeting Room, Rooftop Deck/Garden, Visitor Parking
Fees include: Heat Included, Common Elements Included, Building Insurance Included, Parking Included, CAC Included
Pets: Yes-with Restrictions

Garage: None
Garage spaces: 0
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: Market St./Erie Ave
Stories: 3
Utilities: —
Laundry: Ensuite
Interior: Built-In Oven, Carpet Free
Parking features: Surface

Price movement & seller pressure

↓ $20KPrice reduction

MLS shows the seller reduced the asking price by $20,008 (from $399,888 to $379,880).

Motivated SellerWhy this label

156 days on market — Listing has been active for 156 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✓ $379,880✓ $3,104 tax✓ Gas✓ 700-799 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$3,839/mo

incl. closing costs (yr 1)

Annual total

$46,068

year 1

Mortgage only

$1,441/mo

principal + interest

Beyond mortgage

$1,592/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$75,976

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$259/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~750 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

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%$3,799/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)$49/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$4,173

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)38% $17,294/yr

Property taxes16% $7,277/yr

Utilities9% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance8% $3,799/yr

Condo fees15% $7,038/yr

Closing costs11% $5,100/yr

Mortgage is 38% of your true cost of ownership. The other 62% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$17,294	$1,441/mo
Government & taxes
Property tax	$3,104	$259/mo
Land transfer tax(closing)	$4,173	$348/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$3,799	$317/mo
Condo fees
Condo / HOA fees	$7,038	$587/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	$46,068	$3,839/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 305

About this home

MyStreetValue™ Analysis

Property details

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs