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Property Type: Condo / ApartmentOwnership: Condominium
508 - 87 ST GEORGE STREET
Brantford, ON N3R1V5
MLS® X13767252
$294,900
2 bed1 bath1 parking
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $738/mo
- Annual property tax
- $1,547.25 (2025)
Maintenance Fee Includes
WaterHeat
Interior
- Basement
- None
- Heating
- Other, Other
- Cooling / A/C
Description
LOCATION! LOCATION! Welcome home to this well-maintained 2 bedroom, 1 bath apartment condo in the desirable Terrace Hill area of Brantford. An affordable opportunity here to get into the market for a First time Buyer or downsizer, in a mature, well-loved neighbourhood. This end unit shows well with updates throughout. There is new flooring in the hallway and living area. The living room comes with an electric fireplace and sliding glass doors to balcony. Updated eat in kitchen offers new countertops, backsplash, 2 new ceiling light fixtures, a double sink and under the counter lighting. Bathroom was updated in 2024 with new sink, countertop, taps, toilet, reglazed bathtub, and flooring. Well maintained building offers wheelchair accessible secured entry , outdoor parking, updated glass panels on balcony , front circular driveway , river rock landscaping gardens at front entry area. Visitor parking available. Affordable condo fees include heat and water, along with other amenities. Laundry facility, party game room, entrance lobby for socializing. There is also a large walk in lockup in the storage room (8 feet deep). A practical choice for a first-time buyer, downsizer or investor looking for reasonable ownership costs and a convenient location. Ideally located, within walking distance to Metro grocery and pharmacy, city transit, restaurants, parks, shopping, and close to a major hospital. Six storey building with a friendly community atmosphere, here's an opportunity for comfortable affordable condo living! (id:63159)
Listing Information
- MLS®
- X13767252
- Tax assessment year
- 2025
- Data last synced
- September 15, 2026
CENTURY 21 HERITAGE HOUSE LTD
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: CENTURY 21 HERITAGE HOUSE LTD
MLS® Number: X13767252
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% ($14,745) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$235,920.00
Periodic payment — Principal & Interest (monthly)$1,522.08
Additional monthly expenses (condo fees, tax, utilities, etc.)$867.33
Total monthly cost$2,389.40
Interest paid over 5-yr term$67,615.35
Balance at end of term$212,210.80
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$14,745
Stress test qualifying rate8.19%
Payment you must qualify for$2,172.25
Cash Needed at Closing
Minimum down payment$14,745
Estimated Land Transfer Tax (LTT)$2,899
Legal / closing costs (typical estimate)$1,500
Total cash needed$19,144
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.
