$249,000

For sale

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#1 252 Bertie Street, Fort Erie (Central) - Single Family for Sale

#1 252 Bertie Street, Fort Erie (Central), Ontario, L2A1Z6

2 beds2 baths1 parking ft²

#2 69 Hagey Avenue, Fort Erie (Central), Ontario, L2A1W5

4 bd2 ba1 pk1,100 ft²+$420/mo

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Investment analysis

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$249,000

Fort Erie

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Overview

This 2-bedroom, 2-bathroom condo in Fort Erie is for sale offering roughly 1,100 sq ft of space. Listed at $249,000, it is attractively priced about 21% below the $315,000 median asking price in Fort Erie. It has been on the market 41 days, fresher than the Fort Erie average of 101 days.

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

Description

Attention investors and first-time buyers! This 2-bedroom, 1.5-bath end-unit condo townhouse presents an excellent opportunity to build equity or expand your investment portfolio. Featuring a practical floor plan, low-maintenance living, and a desirable location close to everyday amenities, this property offers strong value and endless potential. Property sold " as is" as per Schedule "A" (id:66096)

Property Details

MLS®: X13826338
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,100 ft²
Storeys: 2
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: None
Garage: No Garage
Condo Fee: $435/mo
Ownership: Condo/Strata
Property Tax: $1,782/yr
Listed: 41 days ago

Rooms

Second level

Bedroom: 4.14 x 3.62 meters
Bathroom: 2.7 x 1.46 meters
Bedroom 2: 4.14 x 3.76 meters

Main level

Living room: 5.3 x 3.95 meters
Kitchen: 2.56 x 2.57 meters
Dining room: 2.67 x 3.69 meters
Bathroom: 1.01 x 1.6 meters

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

Market Timing

Days on market

41d

Fort Erie (Central) listings, avg age

101d

Price / ft²

$226

List price

$249K

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.

Area context

Neighbourhood profile (L2A)

This home lists at $249,000, about 3.4× the local median household income of $72,500.

Carrying it typically needs a household income of about $48,638 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$249,000· $226/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $12,450

Min 5%50%

Mortgage payment$1,311/mo

↳ CMHC premium ($9,462 capitalized)

Property tax (est.)$149/mo

Condo fee$435/mo

Total monthly$1,895

Cash Needed to Close

Down payment (5%)$12,450

Land transfer tax$2,215

Est. closing costs$3,247

Total cash needed$17,912

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

#1 252 Bertie Street, Fort Erie (Central) - Single Family for Sale

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Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (L2A)

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