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Property Type: Condo / ApartmentOwnership: Condominium
506 - 7 ERIE AVENUE
Brantford, ON N3S0K5
MLS® X13701674
$499,999
2 bed2 bath1 parking
Amenities
GymVisitor Parking
Also listed: Party Room
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $627/mo
- Annual property tax
- $3,301.87
Maintenance Fee Includes
Heat
Also included: Common Area Maintenance, Parking
Interior
- Basement
- None
- Heating
- Natural gas, Coil Fan
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | — |
| Dining room | Main level | — |
| Primary Bedroom | Main level | — |
| Bedroom 2 | Main level | — |
Description
Don't miss this exceptional opportunity to own a beautiful condo in the sought-after Grand Bell boutique condominium, ideally located in the heart of Brantford with stunning views of the Grand River. This bright and modern 824 sq. ft. open-concept suite is conveniently situated just minutes from Wilfrid Laurier University and a newly developed plaza featuring popular retailers such as Tim Hortons, Dollarama, FreshCo, The Beer Store, and a variety of restaurants. The surrounding neighborhood continues to grow, with exciting new amenities and developments enhancing the area's appeal. Residents enjoy access to premium building amenities, including a fully equipped fitness centre, rooftop terrace and garden, and visitor parking. Whether you're a first-time homebuyer, downsizer, or investor, this condo offers outstanding value in a rapidly growing community. (id:63159)
Listing Information
- MLS®
- X13701674
- Data last synced
- September 15, 2026
ROYAL CANADIAN REALTY
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: ROYAL CANADIAN REALTY
MLS® Number: X13701674
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Toronto Regional Real Estate Board.
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Brantford average
$403/sqft
78 active listing(s)
Parking: 1 stall(s) includedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
6°C
—
Humidity 98%
Wind N calm km/h
Tonight
6°
Thursday
21°
Thursday night
7°
Friday
13°
Friday night
-1°
Saturday
14°
Source: Environment and Climate Change Canada.
Population
104,688
(2021 Census)
+6.2% since 2016
Density: 1,061.2/km²
Dwellings:
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($25,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$399,999.00
Periodic payment — Principal & Interest (monthly)$2,580.66
Additional monthly expenses (condo fees, tax, utilities, etc.)$902.61
Total monthly cost$3,483.26
Interest paid over 5-yr term$114,640.86
Balance at end of term$359,800.39
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$25,000
Stress test qualifying rate8.19%
Payment you must qualify for$3,683.02
Cash Needed at Closing
Minimum down payment$25,000
Estimated Land Transfer Tax (LTT)$6,475
Legal / closing costs (typical estimate)$1,500
Total cash needed$32,975
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.
