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337 - Crystal Beach, Fort Erie
$499,000
**A RARE MULTI-INCOME INVESTMENT OPPORTUNITY IN CRYSTAL BEACH - UNDER $500K!**Two detached dwellings, four separate living accommodations, over 3,300 sq.ft. of combined living space, featuring 4 kitchens, 4 bathrooms and 2 laundry areas. Ideally located within walking distance to Crystal Beach, restaurants, shops and local amenities.Previously generated approximately **$82,000 in annual rental income when fully occupied**. Currently, only one accommodation is occupied, with three vacant, offering the new owner flexibility to reposition the property and explore its income potential.Ideal for investors, owner-occupiers seeking supplemental rental income, or multi-generational families. Enjoy the flexibility of two buildings and multiple living spaces in one of Crystal Beach's desirable locations.**Two Buildings. Four Living Accommodations. Prime Location. Exceptional Potential.**Offered at **$499,000** - a rare opportunity at this price point!
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 51-99 |
| Size | 3000-3500 sq. ft. |
| Property Tax | $2,946 |
| Lot Size | 40.33 ft x 80 ft |
| mls© Number | X14151078 |
| Listed By | RE/MAX REALTRON REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,554
- Property tax
- $246
- Heat allowance
- $150
- Housing costs
- $2,950 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$91,000
gross annual household income
- Payment at 4%
- $2,100 / mo
- Cash down
- $99,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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