$499,900
Fort Erie
61 Princess Street, Fort Erie (Central), Ontario, L2A1V8
This 5-bedroom, 2-bathroom home in Fort Erie is for sale offering roughly 2,250 sq ft of space. Its $499,900 asking price sits right in line with the $485,000 median in Fort Erie. It has been on the market 20 days, fresher than the Fort Erie average of 101 days.
An exciting opportunity in the heart of Fort Erie! Offering two separate living spaces, a vacant main level and an established upper-level A+ tenant who would love to stay, this versatile property presents an appealing opportunity for buyers seeking flexible living arrangements and potential rental income. The main floor features three bedrooms, a spacious living room with large windows, a separate dining area, a generously sized kitchen with ample cabinetry and counter space, and a full bathroom. Upstairs, you'll find an additional two bedrooms, a comfortable family room, an eat-in kitchen and a full bathroom, creating a functional and inviting living space. A standout feature of the upper level is the expansive private balcony, providing additional outdoor space to relax after a long day or enjoy your morning coffee. The large unfinished basement provides exceptional space for storage, a workshop, hobbies or projects, adding even more versatility to the property. Outside, enjoy a fenced backyard, storage shed and a paved driveway with ample parking. Situated in an established neighbourhood, this property is conveniently located just minutes from the Peace Bridge with easy access to the QEW, shopping, restaurants, schools, parks and everyday amenities. Enjoy the nearby Niagara River, scenic waterfront trails and beautiful Lake Erie, with beaches and recreational opportunities just a short drive away. Whether you're looking for a home with additional living space, exploring investment possibilities or seeking a property that offers flexibility for the future, 61 Princess Street is full of opportunity! (id:66096)
Features and services as supplied by the listing brokerage.
Active: 20 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 5-bed single family in Fort Erie (Central) has been listed for 20 days, which is 81 days fresher than the city average of 101. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
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.
Source: Statistics Canada, 2021 Census (FSA L2A)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.