248 HIGH Street, Fort Erie (Central), Ontario, L2A3R3




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$340,900
Fort Erie
This 2-bedroom, 1-bathroom home in Fort Erie is for sale offering roughly 900 sq ft of space. Listed at $340,900, it is attractively priced about 29% below the $482,000 median asking price in Fort Erie.
Attention investors . This home is already rented by a neat, clean cooperative tenant who maintains the property and has never missed a payment. Great rental income and tenant would be willing to stay or has agreed to vacate if necessary. Set back in from the street this well cared for home in a super location is move in ready. Lots of improvements include newer high efficiency furnace, newer hot water tank, newer updated breaker panel and wiring, new attic insulation (Roxall blown in), new granite countertop, new sink. Full basement, partially finished. Upper attic area could be potential for future rooms. Please give 24 hour notice for showings. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 462 days on market, against an average age of 102 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 2-bed single 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 $340,900, about 4.7× the local median household income of $72,500.
Carrying it typically needs a household income of about $66,590 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA L2A)
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Loading rates, 30-yr amortization
Cash Needed to Close
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