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Property Type: Condo / ApartmentOwnership: Condominium
7 ERIE Avenue Unit# 202
Brantford, ON N3S2E7
MLS® 40867793
$309,900
2 bed1 bath573 sqft
Amenities
Gym
Also listed: Party Room
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 1
F-C1
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $411/mo
- Annual property tax
- $2,647.88
Interior
- Basement
- None
- Heating
- Forced air
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | 9'0'' x 11'6'' |
| Living room | Main level | 9'0'' x 10'4'' |
| Den | Main level | 7'7'' x 9'0'' |
| Bedroom | Main level | 9'0'' x 9'4'' |
| 4pc Bathroom | Main level | — |
Description
Investors and First Time Home Buyers! More space than you expect! This bright and functional 573 sq ft 1 bedroom condo plus a versatile den gives you the flexibility of a second room, perfect as a home office, or a guest space. Whether you're a first-time buyer or an investor looking for strong rental potential, this unit delivers. Featuring an open concept living and kitchen area, in-suite laundry, and a private balcony, this well-maintained unit sits in a newer building with quality finishes throughout. Building amenities include a gym and party room, everything you need! Centrally located with easy access to transit, shopping, and highways. Some photos are virtually staged. (id:63159)
Listing Information
- MLS®
- 40867793
- Data last synced
- October 6, 2026
Re/Max Twin City Realty Inc.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Re/Max Twin City Realty Inc.
MLS® Number: 40867793
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 Brantford Regional Real Estate Assn Inc.
Values & Trends
This listing
$541/sqft
Building average
—
No other active listings in this building
2086 - Eagle Place East average
—
No comparable active listings
Parking: Not indicatedStorage 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
4°C
—
Humidity 98%
Wind SW 3 km/h
Today
20°
Tonight
5°
Friday
13°
Friday night
-1°
Saturday
14°
Saturday night
4°
Source: Environment and Climate Change Canada.
Population
104,688
(2021 Census)
+6.2% since 2016
Density: 1,061.2/km²
Dwellings: 43,269
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($15,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$247,920.00
Periodic payment — Principal & Interest (monthly)$1,599.50
Additional monthly expenses (condo fees, tax, utilities, etc.)$660.19
Total monthly cost$2,259.68
Interest paid over 5-yr term$71,054.58
Balance at end of term$223,004.84
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$15,495
Stress test qualifying rate8.19%
Payment you must qualify for$2,282.74
Cash Needed at Closing
Minimum down payment$15,495
Estimated Land Transfer Tax (LTT)$3,124
Legal / closing costs (typical estimate)$1,500
Total cash needed$20,119
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.