$589,000
Fort Erie
2505 Stevensville Road, Fort Erie (Stevensville), Ontario, L0S1S0
This 4-bedroom, 3-bathroom home in Fort Erie is for sale offering roughly 1,750 sq ft of space. Listed at $589,000, it is attractively priced about 13% below the $679,000 median asking price in Fort Erie.
Live. work & invest ! CMU5 zoned. This charming property offers more than just a home - it offers lifestyle and small town feel. Fully renovated, this home spans over 1600 sq ft of above ground living space on a large in-town lot, blending modern comfort with outstanding commercial potential. Zoned for both Residential & Commercial use. Outside of work. this home connects you to the charm of Stevensville. Relax after hours on the family sized front porch. Wave to the neighbours walking their dogs or stroll across the street to the weekly local farmers market for fresh produce and the community park. 4 large bedrooms upstairs provide space for all the family, while the main floor features a custom kitchen , massive dinning area, large living room, rear mudroom, stylish 3pc bath w/ shower. The rear access leads to the unfinished basement which could be altered to suit your own business needs ,while providing privacy for the family. The traditional front foyer is stunning and welcoming. The generous lot adds parking and expansion options, zoning offers long term redevelopment potential for investors looking to maximize value. Every upgrade has been complete for you: New furnace and a/c , HVAC and windows, doors , flooring, bathrooms ,stairs , stainless steel appliances and washer and dryer. You can focus on your Family time or running your business and enjoying the benefits of ownership without an going Honey-do list. The Cmu5 Commercial-mixed use zoning allows A retail shop. office . salon. cafe . personal service business live/work set up or long term redevelopment into mixed use or multi-unit. Located in the heart of Stevensville this property offers unbeatable exposure for signage and customer access. The commercial designation makes ownership more attractive with extensive write-off potential for business expenses and operations. A rare opportunity to own a large family home OR a turn key property .why not both. Come see for yourself. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 97 days on market, against an average age of 78 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 4-bed single family in Fort Erie (Stevensville) 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 $589,000, about 6.2× the local median household income of $95,000.
Carrying it typically needs a household income of about $115,052 (20% down, 25-yr amortization, stress-tested) — roughly 21% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0S)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.