$399,000

$410,000For salePrice drop↓ $11,000 (3%)

350 Phipps Street, Fort Erie (Central) - Single Family for Sale

350 Phipps Street, Fort Erie (Central), Ontario, L2A2V8

4 beds1 bath7 parking1,750 ft²50 × 165 ft (8,250 sq ft) lot sizeListed 101 days ago

Overview

This 4-bedroom, 1-bathroom home in Fort Erie is for sale offering roughly 1,750 sq ft of space. Listed at $399,000, it is attractively priced about 17% below the $482,000 median asking price in Fort Erie.

Houses for Sale in Fort Erie →All real estate in Fort Erie →

Description

Looking for a charming slice of history? Check out this 100+ year old character home that has been cherished by the same family for over 50 years! With its solid structure this 4-bedroom gem offers so much potential. You'll find a large eat-in kitchen, living room and two cozy bedrooms on the main floor and the upstairs boasts another two bedrooms, giving everyone plenty of space. Nestled on a spacious 50' by 165' lot, there's room to roam, garden, or create that backyard oasis you've always dreamed about. Plus, there's a two-car garage with an apartment above, presenting a fantastic opportunity for extra income! Whether it's for a rental, visiting relatives, or even a home office, this versatile space is an added bonus. Location is great, just a short stroll to downtown shops and to the Niagara River. (id:66096)

Property Details

MLS®: X13613972
Property Type: Single Family
Zoning: R2
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 1
Parking: 7
Interior Size: 1,750 ft²
Lot Size: 50 × 165 ft (8,250 sq ft)
Frontage: 50 ft
Storeys: 1
Basement: Unfinished, Partial
Heating: Radiant heat, Natural gas
Cooling: None
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $2,710/yr
Listed

Rooms

Main level

Foyer: 1.7 x 1.65 meters
Kitchen: 4.1 x 6.88 meters
Living room: 4.76 x 6.4 meters
Bedroom: 3.28 x 3.98 meters
Bedroom: 2.66 x 3.22 meters

Second level

Primary Bedroom: 3.71 x 3.64 meters
Bedroom: 3.55 x 3.97 meters

Basement

Other: 4.1 x 8.53 meters

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

Features

Appliances: Refrigerator, Stove, Water Heater
Foundation: Block
Exterior: Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

101d

Fort Erie (Central) listings, avg age

102d

Price / ft²

$228

List price

$399K

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 single family in Fort Erie (Central) has been listed for 101 days, which is 1 days fresher than the city average of 102. Act while there is still low competition.

Set a price alert Book a showing

Listed by REVEL Realty Inc., Brokerage · Casey Langelaan

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L2A)

This home lists at $399,000, about 5.5× the local median household income of $72,500.

Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — roughly 8% 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)

$399,000· $228/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5% · $19,950

Min 5%50%

Mortgage payment$2,102/mo

↳ CMHC premium ($15,162 capitalized)

Property tax (est.)$226/mo

Total monthly$2,327

Cash Needed to Close

Down payment (5%)$19,950

Land transfer tax$4,460

Est. closing costs$3,697

Total cash needed$28,107

Get Pre-Approved · Free & Fast

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

Rental cashflow calculator