242 HENRIETTA STREET, Fort Erie (Central)

$599,000

For sale: Detached

Detached at 242 HENRIETTA STREET, Fort Erie (Central)
Property type
Detached
Bedrooms / bathrooms
6 bedrooms, 2 bathrooms
Living area
2,500 sqft
MLS®
MLS® X13679970
Neighbourhood
332 - Central

INVESTMENT OPPORTUNITY WITH INCOME POTENTIAL! This spacious 2 unit property offers two - 3 bedroom,1 bath units, providing an excellent opportunity for investors, multi-generational living, an owner-occupier looking to offset their housing costs with rental income, or the possibility of converting two units into one unit to create a spacious beautiful large family home! The upper unit is currently rented, while the main-floor unit is vacant and ready for a new tenant or owner occupancy. The generous size lot provides plenty of outdoor space, while 2 separate driveways and a detached double garage offer excellent parking and storage options. The basement is common area shared by both units and provides access to laundry facilities. With 6 bedrooms, 3 bathrooms (one of which is the 3 piece bathroom in basement, but will require renovation by the new owner), 2 separate living units, 2 driveways and a detached double garage, this property offers a combination of space and flexibility that is difficult to find. Whether you are an investor looking to add a multi-residential property to your portfolio, or an owner-occupier seeking a home with income potential, or you wish to convert it to a single family home, this property offers multiple possibilities.

Sold data

Detached homes in Fort Erie (Central) — recent sold market

Detached homes in Fort Erie (Central) took a median of 36 days to sell over the last 90 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 77, across 163 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 66 days.

The median sale price was $539,900.

Homes sold for about 3.3% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 36% of sellers reduced their price before finding a buyer.

Median days to sell
36
Median sale price
$539,900
Sale-to-list ratio
96.7%
Sold above asking
8%

Based on 163 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 242 HENRIETTA STREET