
Fort Erie, ON L2A 2K7
Attention Investors! Exceptional turnkey 5-Plex offering potential strong, stable rental income on a massive 82 ft x 233 ft lot in the growing community of Fort Erie. Welcome to 258 Henrietta Street - a rare opportunity to own a fully rentable multi-residential property with excellent cash-flow potential and future upside. This well-maintained investment property features 5 self-contained units across two separate buildings. The front building includes 2 spacious residential units, while the rear building offers 3 updated units, including three desirable 2-bedroom layouts. In total, the property boasts 13 bedrooms, making it an attractive option for investors seeking strong rental performance and long-term appreciation. Each unit is separately metered for hydro and gas, with tenants paying their own utilities - a major advantage for reducing operating expenses and maximizing net income. Recent improvements include updated shingles on both buildings, adding to the property's overall durability and ease of ownership. Ideally situated near schools, shopping, public transit, the Niagara River, the U.S. border, and a nearby college. The oversized lot also presents potential future development or value-add opportunities, subject to buyer due diligence and municipal approvals. A solid addition to any real estate portfolio with reliable income, strong tenant appeal, and long-term growth potential.
TRREB MLS® Attribution
MLS® X13151128
Listed by RE/MAX REALTY SPECIALISTS INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$3,902
/month · $639,200 mortgage
Amortization
Total Interest
$531,287
Total Cost
$1,170,487
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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RE/MAX REALTY SPECIALISTS INC.