426 PHIPPS STREET, Fort Erie (Central)

$599,900

For sale: Detached

Detached at 426 PHIPPS STREET, Fort Erie (Central)
Property type
Detached
Bedrooms / bathrooms
4 bedrooms, 2 bathrooms
Living area
1,500 sqft
MLS®
MLS® X13541240
Neighbourhood
332 - Central

This house is located in a quiet neighborhood, less than a mile from the Niagara River, offering scenic trails and recreational opportunities, along with easy access to the QEW. The property is in move-in condition and also presents excellent investment potential. It is located less than 30 minutes from Buffalo Niagara International Airport, and the U.S. border is only minutes away. The property is double width and zoned R3. A preliminary consultation with the Town indicates the possibility of severing a 40-foot-wide lot; however, it is the Buyer's responsibility to confirm this should it be the Buyer's intention to sever the property into two individual lots. This may be a great alternative to purchasing vacant land, as the Town of Fort Erie may waive redevelopment fees; Buyers are advised to confirm this with the Town Planning Department. Buyer is encouraged to conduct their own due diligence with respect to any information that is material to their intended use of the property.

Sold data

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

Detached 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 75, across 160 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.

The median sale price was $549,450.

Homes sold for about 3.4% 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
37
Median sale price
$549,450
Sale-to-list ratio
96.6%
Sold above asking
8%

Based on 160 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 426 PHIPPS STREET