$519,900

For sale

185 Catherine Street, Fort Erie (Central) - Multi-family for Sale

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

4 beds4 baths6 parking1,750 ft²57 × 140 ft (7,980 sq ft) lot sizeListed 27 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 27 days, fresher than the Fort Erie average of 102 days.

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

Description

LEGAL DUPLEX offering versatility for investors and homebuyers looking for rental income to help with the household costs. VACANT MAIN FLOOR APT WITH 2 BEDROOM + 2 BATHROOM, plus a den that could serve as a third bedroom, with fresh paint and IMMEDIATE POSSESSION available. UPPER UNIT CONSISTS OF 2 BEDROOMS + 2 BATHROOMS, currently occupied by a tenant. DOUBLE DETACHED GARAGE with plenty of parking, and a shared lower-level laundry room with a freshly painted entryway. Property was extensively renovated in 2018 including Roof shingles on main house (2017), Garage roof shingles (2018), Furnaces for both units (2018), Central air units (2018), Upgraded plumbing, wiring, drywall, kitchen cabinetry, bathrooms, flooring (2018), Updated the sewer line (2018). Recent 2025 and 2026 work includes some window sill and chimney repairs, targeted eavestrough repairs, and a regraded, mostly re-seeded backyard lawn. Enjoy evening walks in this nice quiet neighbourhood. Close to shopping and restaurants on Garrison Road (Hwy 3), schools and parks. Easy access to the QEW, and the US border. (id:66096)

Property Details

MLS®: X13884408
Property Type: Multi-family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 4
Parking: 6
Interior Size: 1,750 ft²
Lot Size: 57 × 140 ft (7,980 sq ft)
Frontage: 57 ft
Storeys: 2
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Property Tax: $4,074.95/yr
Listed: 27 days ago

Rooms

Main level

Living room: 5.08 x 3.29 meters
Bedroom: 3.1 x 2.7 meters
Bathroom: 2.69 x 1.12 meters
Kitchen: 4.27 x 3.04 meters
Bedroom 2: 2.83 x 2.52 meters
Bathroom: 2.77 x 0.87 meters
Bedroom 3: 2.97 x 2.49 meters

Second level

Bedroom: 3.3 x 2.54 meters
Bedroom 2: 3.25 x 2.54 meters
Kitchen: 4.32 x 2.84 meters

Features

Appliances: Washer, Dryer, Two stoves, Two Refrigerators
Foundation: Block
Exterior: Vinyl siding, Brick Veneer

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

27d

Fort Erie (Central) listings, avg age

102d

Price / ft²

$297

List price

$520K

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 27 days, which is 75 days fresher than the city average of 102. Act while there is still low competition.

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Listed by ROYAL LEPAGE NRC REALTY · Julie Lenchyshyn

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L2A)

This home lists at $519,900, about 7.2× the local median household income of $72,500.

Carrying it typically needs a household income of about $101,555 (20% down, 25-yr amortization, stress-tested) — roughly 40% 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)

$519,900· $297/ft²

For sale

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Full Cost Breakdown

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Down Payment5.19% · $26,990

Min 5.19%50%

Mortgage payment$2,733/mo

↳ CMHC premium ($19,716 capitalized)

Property tax (est.)$340/mo

Total monthly$3,072

Cash Needed to Close

Down payment (5.19%)$26,990

Land transfer tax$6,873

Est. closing costs$4,060

Total cash needed$37,923

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