97 Queen St

Fort Erie | 332 - Central | L2A 1T9
  • 4 + 0
  • 4
  • 0

$625,000

Est. Mtg $2,119 /mo
  • Days on market

    31

  • Status

    New

Listing Broker RE/MAX NIAGARA REALTY LTD, BROKERAGE
Since listed: 0 views

Home details

MLS #:

X10203408

Property type:
Multiplex
Style:
3-Storey
Taxes:
$3,097
Possession:
Flexible
Lot Front:
82.13   Feet
Lot Depth:
66.0   Feet
Basement:
None |
Driveway Pkg:
3
Heat:
Gas | Water

Description


97 Queen St, , Fort Erie, Ontario is a Multiplex property in Fort Erie and in the 332 - Central community in the L2A 1T9 postal code


Discover the perfect investment opportunity in the heart of Fort Erie. This spacious large brick and concrete block 4-plex offers the ideal combination of versatility and potential income. With an attached carport and a detached 2-car garage, there are options to maximize your rental income. This property features four distinct units, catering to a variety of tenant needs. There's one cozy bachelor apartment, two spacious one-bedroom units, and a generous two-bedroom apartment. The third-floor one-bedroom apartment is a unique gem, offering exclusive access to a rooftop space with breathtaking views of the Buffalo skyline. Apartment #2 (Bachelor) $850, Apartment #1 (one bedroom - currently rented) $820, Apartment #3 (2 bedroom and currently rented) $769 and Apartment #4 (one bedroom - vacant) Potential rent $1250 . All rents are all utilities included. Property has hot water gas heating & furnace is located in Unit 1. One unit currently vacant, providing an excellent opportunity for the new owner to take possession for personal use or set competitive rental rates for incoming tenants. With a little vision and the potential to rent out individual garage bays, this investment promises both immediate returns and long-term value. Don't miss out on this chance to own a piece of Fort Erie real estate with incredible potential. Recent improvements include a new exterior staircase to 3rd floor, updated bathroom in apartment 4 and exterior has been painted..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2013-06 2023-07 $269,900 $269,900 Ter S6226715
2013-07 2023-07 $264,900 $252,500 Sld S6264452
2019-05 2019-06 $315,000 $315,000 Ter X4444680
2019-06 2019-06 $299,000 $287,000 Sld X4488787
2019-06 2023-07 $469,000 $450,000 Sld S6295044
2020-08 2020-12 $2,999,000 $2,325,000 Sld X4879983
2021-07 2023-07 $630,000 $636,500 Sld S6310836
2023-06 2023-06 $735,000 $735,000 Ter S6146344
2023-06 2023-07 $899,900 $849,900 Ter E6147804
2023-06 2023-07 $674,000 $705,000 Ter S6221128
2023-07 2023-08 $799,900 $750,000 Sld E6695262
2023-10 2023-12 $2,549,000 $2,549,000 Ter E7214790
2023-10 2024-05 $575,000 $539,900 Exp X7215798
2024-01 2024-02 $2,279,000 $2,250,000 Sld E8024396
2024-06 2024-10 $550,000 $550,000 Ter X8401880
2024-09 2024-10 $1,200,000 $1,200,000 Ter S9356661
2024-10 2024-11 $625,000 $625,000 New X10203408
2024-10 $929,000 $929,000 X9071894
2024-11 $625,000 $625,000 X9866058

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Fort Erie :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 97 Queen St

Based on available 3rd party data

$2512

Approximate costs per month

Mortgage
$2119 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$258 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Hospital
  • Lake/Pond
  • Public Transit
  • School
  • School Bus Route
Listing Broker RE/MAX NIAGARA REALTY LTD, BROKERAGE
Data Source: TRREB

Payment calculator

$2377 monthly. In association with: TD Bank
%
  • Principal and Interest
    2119 /mo
  • Property Taxes
    $258 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Gerry Crokidas, Realtor

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