$425,000
For sale: Multiplex

Investment opportunity in Central Fort Erie - a great opportunity to live in one unit and rent out the other! This up-and-down duplex is currently tenant occupied, offering an opportunity for investors looking to add an income-producing property to their portfolio. The property features two units with a total of 4 bedrooms, 2 kitchens and 2 four-piece bathrooms. Both units are serviced by one gas boiler for heating, with separate electrical panels for each unit. Situated on a 38' x 120' lot, the property offers a private driveway with parking for four vehicles, and a full unfinished basement. Convenient Central Fort Erie location near Central Avenue and Bertie Street with access to shopping, amenities, the QEW and Peace Bridge.
Sold data
Homes in Fort Erie (Central) took a median of 37 days to sell over the last 90 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 77, across 183 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 69 days.
The median sale price was $549,000.
Homes sold for about 3.6% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 34% of sellers reduced their price before finding a buyer.
Based on 183 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Fort Erie (Central) has 5 Fraser Institute–rated schools (4 elementary and 1 secondary), averaging 6.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

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