$350,000

For sale

255 Jarvis Street, Fort Erie (Central), Ontario, L2A2S7

6 bd3 ba2 pk2,250 ft²Lot size 50 × 138 ft (6,910 sq ft)

Listed by ROYAL LEPAGE NRC REALTY

185 Catherine Street, Fort Erie (Central), Ontario, L2A2J4

For sale

25 days ago

$520K

185 Catherine Street, Fort Erie (Central), Ontario, L2A2J4

4 bd4 ba6 pk1,750 ft²Lot size 57 × 140 ft (7,980 sq ft)

Listed by ROYAL LEPAGE NRC REALTY

245 Stanton Street, Fort Erie (Central), Ontario, L2A3N8

For sale

61 days ago

$595K

245 Stanton Street, Fort Erie (Central), Ontario, L2A3N8

4 bd4 ba3 pk2,750 ft²Lot size 41 × 136 ft (5,630 sq ft)

Listed by REVEL Realty Inc., Brokerage

223-227 Gilmore Road, Fort Erie (Central), Ontario, L2A2M2

For sale

83 days ago

$999K

223-227 Gilmore Road, Fort Erie (Central), Ontario, L2A2M2

4 ba14 pk9,508 ft²

Listed by COLDWELL BANKER SUN REALTY

Investment analysis

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$350,000

Fort Erie

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182 Bertie Street, Fort Erie (Central) - Multi-family for Sale

182 Bertie Street, Fort Erie (Central), Ontario, L2A1Z1

4 beds2 baths3 parking1,750 ft²40 × 150 ft (6,000 sq ft) lot sizeListed 85 days ago

Overview

This multi-family property in Fort Erie is for sale offering roughly 1,750 sq ft of space. It has been on the market 85 days, fresher than the Fort Erie average of 101 days.

Multi-Family Properties for Sale in Fort Erie →All real estate in Fort Erie →

Description

Investment opportunity in Central Fort Erie - a great opportunity to live in one unit and rent out the other! This up-and-down duplex offers two self-contained units, both currently occupied by month-to-month tenants, providing an opportunity for an investor to add a tenanted property to their portfolio. The building offers approximately 1,603 sq. ft. above grade with a total of 4 bedrooms, 2 kitchens and 2 four-piece bathrooms. Both units are heated by natural gas, and with both hot water heater. Additional features include an unfinished basement, detached single garage, mutual driveway with parking for three vehicles. Located near Bertie Street and Douglas Street with convenient access to amenities and the Peace Bridge. (id:66096)

Property Details

MLS®: X13663774
Property Type: Multi-family
Zoning: R2
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 2
Parking: 3
Interior Size: 1,750 ft²
Lot Size: 40 × 150 ft (6,000 sq ft)
Frontage: 40 ft
Storeys: 1
Basement: Unfinished, N/A
Heating: Baseboard heaters, Electric, Natural gas
Cooling: None
Garage: Detached Garage, Garage
Property Tax: $2,388.12/yr
Listed: 85 days ago

Rooms

Main level

Living room: 3.44 x 24 meters
Dining room: 3.47 x 14 meters
Kitchen: 2.93 x 3.02 meters
Bedroom: 3.14 x 10 meters
Bedroom: 3.05 x 3.32 meters

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

Features

Foundation: Block
Exterior: Aluminum siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

85d

Fort Erie (Central) listings, avg age

101d

Price / ft²

$200

List price

$350K

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 multi-family in Fort Erie (Central) has been listed for 85 days, which is 16 days fresher than the city average of 101. Act while there is still low competition.

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Listed by Century 21 Heritage House LTD · Barbara Scarlett

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L2A)

This home lists at $350,000, about 4.8× the local median household income of $72,500.

Carrying it typically needs a household income of about $68,367 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$350,000· $200/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $17,500

Min 5%50%

Mortgage payment$1,843/mo

↳ CMHC premium ($13,300 capitalized)

Property tax (est.)$199/mo

Total monthly$2,042

Cash Needed to Close

Down payment (5%)$17,500

Land transfer tax$3,725

Est. closing costs$3,550

Total cash needed$24,775

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice