231-233 JARVIS STREET, Fort Erie (Central)
$569,900
For sale: Multiplex
- Property type
- Triplex
- Bedrooms / bathrooms
- 7 bedrooms, 3 bathrooms
- Living area
- 3,000 sqft
- MLS®
- MLS® X13594460
- Neighbourhood
- 332 - Central
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!
Sold data
Homes in Fort Erie (Central) — recent sold market
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 69 days.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.
- Median days to sell
- 37
- Median sale price
- $549,000
- Sale-to-list ratio
- 96.4%
- Sold above asking
- 7%
Based on 183 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Fort Erie (Central)
Fort Erie (Central) has 5 Fraser Institute–rated schools (4 elementary and 1 secondary), averaging 6.5/10.
- Rated schools
- 5
- Elementary
- 4
- Secondary
- 1
- Average rating
- 6.5 / 10
Top-rated schools in Fort Erie (Central)
- Garrison Road — elementary, Fort ErieFraser rating 7.8/10
- St Philomena — elementary, Fort ErieFraser rating 7.3/10
- General Vanier — elementary, Fort ErieFraser rating 6.8/10
- Greater Fort Erie — secondary, Fort ErieFraser rating 5.5/10
- Our Lady of Victory — elementary, Fort ErieFraser rating 5.0/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 231-233 JARVIS STREET
$515,000
Multiplex432,000–2,500 sqft223 MAIN STREET W, 877 - Main Street, Port Colborne
$549,900
Multiplex441,500–2,000 sqft185 CATHERINE STREET, 332 - Central, Fort Erie
$599,900
Detached5+131,500–2,000 sqft688 DAYTONA DRIVE, 334 - Crescent Park, Fort Erie
$545,000
Detached431,500–2,000 sqft31 MURRAY STREET, 332 - Central, Fort Erie
$725,000
Detached221,100–1,500 sqft629 DAYTONA DRIVE, 334 - Crescent Park, Fort Erie
$739,899
Detached221,100–1,500 sqft3579 CARVER STREET, 328 - Stevensville, Fort Erie
$659,000
Detached321,100–1,500 sqft8110 LAMONT AVENUE, 223 - Chippawa, Niagara Falls
$635,000
Detached11700–1,100 sqft12213 LAKESHORE ROAD, 880 - Lakeshore, Wainfleet