$1,499,000
For sale: Multiplex

RARE OPPORTUNITY to invest in a water view property in crystal beach with 3 turn key units. Ideal for multi generational living with 3 separate self contained units all fully furnished. Currently used for a combo of long term rentals and airbnb. Live in one unit and rent the other 2 or rent all 3.The possibilities are endless. Unit #1 was fully renovated back to the studs in 2023 including new 200 amp electrical panel, new plumbing new roof. HIgh end finishings include quartz counters, heated bathroom floor, pot filler, charging station for electric cars. includes 15 appliances and all furniture, decor and kitchen contents. This great location is steps to the beach, boat launch, park and a short walk to the Erie Rd strip with restaurants and popular Bay Beach.
Sold data
Homes in Fort Erie (Crystal Beach) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 69 days.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 (Crystal Beach) 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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