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$429,900
Fort Erie
20 Dufferin Street, Fort Erie (Central), Ontario, L2A2T5
This multi-family property in Fort Erie is for sale offering roughly 1,871 sq ft of space.
Attention investors! Excellent opportunity to add a solid income-producing property to your portfolio. This 2-storey duplex offers multiple revenue streams with additional potential in the detached 650 sq.ft. rear building, ideally suited for future development, additional rental income, workshop space, or storage.Located in a desirable Fort Erie area close to the Niagara River, Downtown Fort Erie, and the Peace Bridge, this property benefits from strong rental appeal and convenient access for tenants.The main floor unit features 3 bedrooms and 2 bathrooms, including a primary bedroom with a 2-piece ensuite, spacious living room, and eat-in kitchen. The upper unit includes 2 bedrooms, a kitchen, living room, and 4-piece bath. Both units are currently tenant occupied, providing immediate rental income for the new owner.With existing tenants in place, additional income potential, and a prime location, this property is a great opportunity for investors looking for cash flow and long-term growth potential. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 167 days on market, against an average age of 101 days across the listings currently for sale in this city
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.
This multi-family in Fort Erie (Central) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $429,900, about 5.9× the local median household income of $72,500.
Carrying it typically needs a household income of about $83,975 (20% down, 25-yr amortization, stress-tested) — roughly 16% above the area median.
Source: Statistics Canada, 2021 Census (FSA L2A)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice