$414,900
For sale: Multiplex

Investors take notice! This updated two-storey triplex property features 3 spacious 2 bedroom units with plenty of recent updates. The property is located in central Fort Erie, minutes from the scenic Niagara River, parks, trails, boating / fishing, shopping and all amenities. Each unit features; 2 bedrooms, large living room and kitchen spaces, full bathrooms, high ceilings, updated flooring and self contained laundry. The exterior features private single wide driveway, detached single car garage and a huge backyard. There is electric heating in all units and 3 separate hydro meters which allows the tenants to pay their own hydro/heating bills. Shop and compare, great opportunity for those looking for an investment property.
Sold data
Homes in Fort Erie (Central) took a median of 43 days to sell over the last 90 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 74, across 175 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 78 days.
The median sale price was $589,900.
Homes sold for about 3.6% below asking on average, so there was room to negotiate.
About 3% of sales closed above the list price.
Around 37% of sellers reduced their price before finding a buyer.
Based on 175 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.
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