231-233 JARVIS STREET
Fort Erie (Central), Ontario
MLS® X13594460
$589,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13594460
- Bedrooms
- 7
- Bathrooms
- 3
- Year built
- —
1 / 45Listing description
Rare investment and live-in opportunity at 231-233 Jarvis St. in Fort Erie! Situated on a generous 50' x 138' lot just moments from historic Bridgeburg, the Niagara River, the Friendship Trail, the Peace Bridge, and quick QEW access, this unique property features two standalone buildings with a total of three units.
Offering far more privacy and owner-occupancy appeal than a traditional triplex, it is ideal for first-time buyers looking for rental income to offset their mortgage, multi-generational families, or savvy investors seeking strong cash flow in a booming market. The front duplex consists of two well-designed 2-bedroom units, each boasting its own cozy gas fireplace and separate utility meters. The vacant upper unit has been freshly painted and upgraded with brand-new flooring and light fixtures, leaving you free to move right in or set your own market rents immediately.
The lower unit is meticulously maintained and occupied by an excellent, reliable long-term tenant. Tucked behind for ultimate privacy is a separate 1,206 sq. ft.
rear house featuring 3 bedrooms, an enclosed sunroom, and its own expansive backyard. Currently rented, this rear home offers immense potential for value-add renovations to maximize future appreciation. Enjoy complete peace of mind with newer roofs and windows on both structures.
Positioned in an area experiencing great growth and high rental demand, this versatile, multi-building package represents one of the best real estate opportunities on the market today!
Property summary
- MLS® number
- X13594460
- Property type
- Multi-family
- Building type
- Triplex
- Land size
- 50 x 138.2 FT
- Annual property taxes
- $2,182.00
- Parking
- 6 spaces · No Garage
- Days on market
- 35 days
Features & details
- Heating
- Baseboard heaters, Electric, Natural gas, Other
- Cooling
- None
- Basement
- Unfinished, Partial, Crawl space, N/A
- Appliances
- Refrigerator, Water meter, Stove, Water Heater
- Exterior features
- Vinyl siding
- Community features
- School Bus
- Pool
- Above ground pool
What would this home cost you?
Based on the $589,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ROYAL LEPAGE NRC REALTY, RIDGEWAY.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.