Fort Erie, ON L2A 3H3
Waterfront Fourplex: Live in 1 unit and let the other 3 pay your mortgage. The Opportunity: Secure a premium waterfront lifestyle on the Niagara River while building wealth. This versatile 4-unitproperty is a "house-hacker's" dream. Live in the main building with panoramic river views or move into the private, detached coach house-live for a fraction of the cost. The Layout: Front Building: 3 units with large windows overlooking the river. Includes 3 dedicated parking spaces and a brand-new furnace (2024/25) for the main floor. Private Coach House: A detached home in the back with its own parking, attached shed, and private access via the alley off Lewis St. Perfect for privacy while you collect rent from the front building. The Financial Advantage: Individually Metered: all units have metered heat and hydro. Income Upside: Fully occupied by long-term tenants at stable, below-market rates-massive potential to increase cash flow as units turn over. Low Maintenance: Owned hot water tank and brand-new furnace. Location & Lifestyle: Enjoy riverfront tranquility steps from downtown restaurants, boutiques and banks. Highlights:-4-Unit Residential (Main Building + Separate Back House)-Unobstructed Niagara River views-4 Total parking spaces-Individually metered utilities *For Additional Property Details Click The Brochure Icon Below*
TRREB MLS® Attribution
MLS® X12864824
Listed by ICI SOURCE REAL ASSET SERVICES 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
$1,948
/month · $319,200 mortgage
Amortization
Total Interest
$265,311
Total Cost
$584,511
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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ICI SOURCE REAL ASSET SERVICES INC.