$1,275,000

For sale

1301 Niagara River Parkway, Fort Erie (Central) - Single Family for Sale

1301 Niagara River Parkway, Fort Erie (Central), Ontario, L2A5M4

4 beds2 baths9 parking900 ft²100 × 498 ft (1.14 acres) lot sizeListed 34 days ago

Overview

This 4-bedroom, 2-bathroom home in Fort Erie is for sale offering roughly 900 sq ft of space. It has been on the market 34 days, fresher than the Fort Erie average of 101 days.

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Description

Welcome to 1301 Niagara River Parkway, an exceptional opportunity to own a property along one of Niagara Region's most scenic and sought-after corridors. Set along the beautiful Niagara River Parkway in Fort Erie, this property offers an impressive setting surrounded by mature landscapes, distinctive homes and picturesque views of the Niagara River. Enjoy the unique lifestyle the Parkway is known for - peaceful surroundings, beautiful river scenery and direct access to the renowned Niagara River Recreational Trail, ideal for walking, cycling and enjoying the outdoors. The location provides an excellent balance of privacy and convenience, with easy access to Fort Erie amenities, shopping, restaurants, parks, the QEW and the Peace Bridge to Buffalo. Whether you're looking for a distinctive family residence, a peaceful Niagara retreat, or an opportunity to personalize a property in an outstanding location, 1301 Niagara River Parkway offers tremendous potential. Properties along the Niagara River Parkway are known for their exceptional setting and limited availability. An excellent opportunity to secure your place along one of Southern Ontario's most recognizable scenic routes. (id:66096)

Property Details

MLS®: X13851040
Property Type: Single Family
Zoning: ER
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 9
Interior Size: 900 ft²
Lot Size: 100 × 498 ft (1.14 acres)
Frontage: 100 ft
Storeys: 1
Style: Bungalow
Basement: Finished, N/A
Heating: Radiant heat, Natural gas
Cooling: None
Garage: Attached Garage, Garage
Waterfront: Yes
Ownership

Rooms

Ground level

Dining room
Laundry room
Primary Bedroom
Bedroom 2
Bedroom 3

Basement

Recreational, Games room
Bedroom 4

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Foundation: Unknown
Exterior: Brick

Services

Water: Municipal water
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

34d

Fort Erie (Central) listings, avg age

101d

Price / ft²

$1,417

List price

$1.27M

Homes here sell slower than most markets

Sold homes in this market spent an average of 62 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 4-bed single family in Fort Erie (Central) has been listed for 34 days, which is 67 days fresher than the city average of 101. Act while there is still low competition.

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Listed by TFN REALTY INC. · RAY RASHID

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L2A)

This home lists at $1,275,000, about 17.6× the local median household income of $72,500.

Carrying it typically needs a household income of about $249,052 (20% down, 25-yr amortization, stress-tested) — roughly 244% above the area median.

Median household income: $72,500
Population: 17,293
Median age: 49.2
Owner / renter: 74% / 26%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L2A)

$1,275,000· $1,417/ft²

For sale

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Full Cost Breakdown

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Down Payment8.04% · $102,500.00

Min 8.04%50%

Mortgage payment$6,501/mo

↳ CMHC premium ($46,900 capitalized)

Property tax (est.)$571/mo

Total monthly$7,071

Cash Needed to Close

Down payment (8.04%)$102,500

Land transfer tax$21,975

Est. closing costs$6,325

Total cash needed$130,800

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