140 West River Street, Unit 404, Brant, ON

$327,500
MLS#:X9416860
1 beds
1 baths
500-599 sqft
1.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on January 10, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Paris. Expertly crafted featuring premium stone construction, this residence presents an exceptional opportunity offered at $327,500 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 500-599 sqft
  • 1.0 total parking spaces available
  • Notable attributes: Water Heater Owned, Water Purifier, Storage Area Lockers
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome home to #404-140 West River Street, located in picturesque Paris, Ontario along the banks of the Nith River. This beautiful boutique-style condo is situated within the historic Penman Textile Mill building, now known as the prestigious Penman Manor. Surrounded by nature and just a short walk to downtown Paris, this 1 bed, 1 bath unit offers both charm and modern features, including high ceilings showcasing exposed industrial ductwork, tall windows, carpet-free living throughout, gas furnace/AC (2016), a newer owned hot water tank (2023) and a water purification system. The bright and open concept design features an updated eat-in kitchen with quartz countertops, a 4-piece bath, in-suite laundry and storage, plus you will enjoy a main floor private locker and single parking space conveniently located close to the main entrance. This unique building itself also offers soaring ceilings, secure bike storage, a community room, an elevator, visitor parking and an outdoor gazebo. Situated in a prime location close to downtown, shopping, restaurants, parks, and with quick access to Barkers Trail and the Nith River, this property is perfect for both those who enjoy an active lifestyle and for commuters due to easy access to Hwy 403, Brantford and Cambridge. Pride of ownership is evident and this property will not last long!

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Property Summary

This condo apartment located at 140 West River Street, Brant is currently for sale and has been available on SousaSells for 638 days. This property is listed at $327,500 with an estimated mortgage of $1,090* per month. It has 1 bed, 1 bathroom, and is 500-599 square feet. 140 West River Street, Brant is in the Paris neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
500-599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJanuary 10, 2025
Sold price information is available to members only
Listed Date10/18/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionStone
BasementNone
CountyBrant
Annual Tax$1,795.73

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

River/Stream, Wooded/Treed, Park, Greenbelt/Conservation

Interior Features

Water Heater Owned, Water Purifier, Storage Area Lockers

Security Features

Community Features

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Location

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140 West River Street, Unit 404, Brant, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 140 West River Street 404, Brant, ON N3L 0B7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Brant.

Configure Loan Settings

Interest Rate4.00%
Down Payment$98,250 (30.0%)
* Minimum Canadian down payment required for this price is $16,375.
Amortization Period30 Years
Estimated Monthly Payment$1,090Based on a loan of $229,250 over 30 years.
Purchase Price$327,500
Loan Amount$229,250
Provincial Land Transfer Tax:$3,388
Total Estimated Closing Taxes:$3,388

About Purchasing a Home in Brant, ON

For a property listed at $327,500 in Brant, the legal minimum down payment is $16,375 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $3,388 for this transaction. As this listing is in Brant (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $3,388.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Paris, Brant.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$947,046

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.