$499,900

For saleJust listed

50 Murray Street, Fort Erie (Central) - Single Family for Sale

50 Murray Street, Fort Erie (Central), Ontario, L2A2A4

4 beds3 baths6 parking1,300 ft²40 × 120 ft (4,800 sq ft) lot sizeListed 7 days ago

Overview

This 4-bedroom, 3-bathroom home in Fort Erie is for sale offering roughly 1,300 sq ft of space. Its $499,900 asking price sits right in line with the $482,000 median in Fort Erie. It has been on the market 7 days, fresher than the Fort Erie average of 101 days.

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Description

NEW LISTING FULL OF CHARM, SPACE & LOCATION! Just a short stroll to the beautiful Niagara River, this recently updated 4-bedroom, 3-bathroom home offers the perfect blend of comfort, space, and convenience. The inviting main level features a combined living and dining area, an updated bright and airy kitchen with tons of cabinetry, two bedrooms, including a very spacious primary bedroom with double closets and a 4-piece bathroom. Upstairs, you'll find two additional bedrooms and a 2-piece bathroom. The full unfinished basement offers a laundry area, an additional 2-piece bathroom, and plenty of potential to create even more living space. A detached 23' x 19' garage provides excellent storage and parking options. Enjoy peace of mind with newer flooring throughout, most windows replaced, an updated electrical panel, a metal roof on house, and an on-demand hot water heater. Conveniently located near major highways and the Peace Bridge, this home is a fantastic opportunity for families, commuters, or anyone looking to enjoy life close to the Niagara River! Your next chapter starts here. Welcome Home! (id:66096)

Property Details

MLS®: X14125022
Property Type: Single Family
Zoning: R2
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 3
Half Baths: 2
Parking: 6
Interior Size: 1,300 ft²
Lot Size: 40 × 120 ft (4,800 sq ft)
Frontage: 40 ft
Storeys: 1
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax

Rooms

Main level

Kitchen: 4.18 x 3.14 meters
Living room: 7.56 x 4.53 meters
Bedroom: 5.46 x 3.93 meters
Bedroom 2: 2.79 x 3.48 meters
Bedroom 4: 4.1 x 3.29 meters

Second level

Bedroom 3: 3.58 x 4.46 meters

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

Features

Appliances: Water Heater - Tankless
Foundation: Block, Poured Concrete
Exterior: Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Fort Erie (Central) listings, avg age

101d

Price / ft²

$385

List price

$500K

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 7 days, which is 94 days fresher than the city average of 101. Act while there is still low competition.

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Listed by Century 21 Heritage House LTD · Dayna Blair-Denham

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L2A)

This home lists at $499,900, about 6.9× the local median household income of $72,500.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 35% 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)

$499,900· $385/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,995

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,996 capitalized)

Property tax (est.)$139/mo

Total monthly$2,772

Cash Needed to Close

Down payment (5%)$24,995

Land transfer tax$6,473

Est. closing costs$4,000

Total cash needed$35,468

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