103 East Ave

Brantford, N3S 3L8
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103 East Ave, Brantford
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5 + 2
BEDROOMS
4
BATHROOMS
4
KITCHENS
14 + 3
ROOMS
X3839013
MLSID
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Property Description
Solid Investment Property With 4 Units. Complete Renovations Have Been Done To All Units. Fully Occupied For A Total Gross Income Of $52,200 Per Year Including The Garage Rental. Consisting Of A 3 Bedroom Upstairs, A 3 Bedroom On The Main Level/Basement And A Studio And Bachelor On The Main. New Leases For All Tenants Offering A Complete Turn Key Property. Close Proximity To Transport, Downtown, Restaurants And More.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2019-08-21 2019-10-02 42 $549,900 $530,000 Sold
Extras
All Appliances Included In Sale. 4 Fridges(2 Stainless Steel) 3 Stoves(1 Stainless Steel Gas) 1 Dish Washer, 3 Washers, 3 Dryers.
Property Features
Other, Place Of Worship, Public Transit, School
Property Details
Street
Property Type
Detached, 2-Storey
Lot Size
41' x 132'
Acreage
< .50
Fronting
South
Taxes
$2,900 (2016)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Detached
Brantford Market Statistics
Brantford Price Trend
103 East Ave is a 5-bedroom 4-bathroom home listed for sale at $599,900, which is $449,554 (42.8%) lower than the average sold price of $1,049,454 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 5 bedroom home in Brantford increased by $259,454 (32.8%) compared to the previous 30 day period (February 26 - March 26) and down $7,045 (0.7%) from the same time one year ago.
Inventory Change
There were 3 5-bedroom homes listed in Brantford over the last 30 days (March 27 - April 25), which is down 57.1% compared with the previous 30 day period (February 26 - March 26) and down 25.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Brantford typically sold ($99,881) (9.5%) below asking price over the last 30 days (March 27 - April 25), which represents a $102,881 decrease compared to the previous 30 day period (February 26 - March 26) and ($57,250) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 5-bedroom homes in Brantford over the last 30 days (March 27 - April 25) stood at 366.7%, up from 28.6% over the previous 30 days (February 26 - March 26) and up from 100.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 4-bathroom home in Brantford stood at 22 days when successfully sold over the last 30 days (March 27 - April 25), compared to 88 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Professionals Inc., Brokerage
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