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For saleMLS® 40870747

75-79 Erie Avenue

Eagle Place West, Brantford, N3S 2G1

$1,200,000

Lot
126.25 × 110 ft
Type
Land

About this home

75–79 Erie Avenue presents a mixed-use infill redevelopment opportunity close to Downtown Brantford. The proposed development includes 23 residential units and one ground-floor commercial unit, with on-site parking and plans for three additional on-street spaces, subject to municipal approval. The project has been de-risked through completion of the zoning amendment process, with development remaining subject to Site Plan Approval, clearance of applicable holding provisions and other required approvals.

Conveniently located near public transit, shopping and post-secondary institutions, the property offers developers and investors an opportunity to advance a mixed-use project within an established urban neighbourhood.

Property details

Property type
Vacant Land
Ownership
Freehold
Property taxes
$8,190
Water
Municipal
Sewer
Sewer (Municipal)
Lot
126.25 × 110 ft lot
Zoning
IC-PP
Time on market
20 days on market
MLS® number
40870747

Features

The lot

  • Urban
  • Public Transit
  • Visual Exposure

Location

Thinking about the area? Read our guide to living in Brantford.

Estimate your payment

20% down. The minimum on this price is $95,000.

Your monthly payment

$5,313

Mortgage amount
$960,000
Interest over the amortization
$634,002

An estimate at a fixed rate compounded twice a year. Insurance applies under 20% down. Your lender sets the real numbers, and the team can introduce you to a mortgage professional.

Ontario land transfer tax

How the tax adds up

Ontario land transfer tax by bracket
$0 to $55,0000.5%$275.00
$55,000 to $250,0001.0%$1,950.00
$250,000 to $400,0001.5%$2,250.00
$400,000 to $1,200,0002.0%$16,000.00

Ontario land transfer tax

$20,475

Tax before any refund
$20,475.00
You pay on closing
$20,475.00

For a home with one or two single-family residences anywhere in Ontario outside Toronto. Your real estate lawyer confirms the amount and pays it on closing.

Listed by Jacob Campagnaro, Royal LePage Burloak Real Estate Services.

Listing courtesy of the Cornerstone Association of REALTORS®. MLS® 40870747.

Listing content protected by copyright and licensed by Information Technology Systems Ontario. Information is deemed reliable but is not guaranteed accurate by ITSO. Measurements are deemed reliable but not guaranteed.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The Brolly Group is a team of REALTORS® with RE/MAX Twin City Realty Inc., Brokerage. Each office independently owned and operated.

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