185-187 Niagara Blvd
Fort Erie, L2A 3G7
FOR SALE
$479,900
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4
BEDROOMS2
BATHROOMS2
KITCHENS8
ROOMSX8198692
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Property Description
Very nice duplex in a fantastic location with unobstructed views of the Niagara River across the street. These 2 bedroom 1 bath units are in great shape, newer electric panels, kitchens and baths, flooring, and well insulated and have newer shingles (2020). Across the street from a boat launch and moments from the peace bridge to USA and QEW. Both units are vacant.. you set the rents.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-08-16 | 2023-12-31 | 142 | $424,999 | - | Expired |
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Property Details
Street
City
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
33' x 150'
Acreage
< .50
Fronting
West
Taxes
$2,784 (2023)
Basement
Crawl Space
Exterior
Vinyl Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
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Fort Erie Market Statistics
Fort Erie Price Trend
185-187 Niagara Blvd is a 4-bedroom 2-bathroom home listed for sale at $479,900, which is $357,600 (42.7%) lower than the average sold price of $837,500 in the last 30 days (April 3 - May 2). During the last 30 days the average sold price for a 4 bedroom home in Fort Erie increased by $242,500 (40.8%) compared to the previous 30 day period (March 4 - April 2) and up $57,500 (7.4%) from the same time one year ago.Inventory Change
There were 11 4-bedroom homes listed in Fort Erie over the last 30 days (April 3 - May 2), which is down 0.0% compared with the previous 30 day period (March 4 - April 2) and down 15.4% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Fort Erie typically sold ($15,000) (1.8%) below asking price over the last 30 days (April 3 - May 2), which represents a $10,100 decrease compared to the previous 30 day period (March 4 - April 2) and ($19,900) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Fort Erie over the last 30 days (April 3 - May 2) stood at 81.8%, up from 27.3% over the previous 30 days (March 4 - April 2) and up from 69.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Fort Erie stood at 19 days when successfully sold over the last 30 days (April 3 - May 2), compared to 75 days before being removed from the market upon being suspended or terminated.Listing contracted with Revel Realty Inc.
Similar Listings
A prime real estate opportunity nestled just a stone's throw away from the picturesque Friendship Trail and the scenic Niagara Parkway. Situated within walking distance of various dining spots and banking amenities, this property offers both convenience and charm. Comprising two 2-bedroom units, this duplex presents an attractive investment prospect. The lower unit, commanding $1750 in rent plus utilities, provides spacious accommodation ideal for tenants seeking comfortable living spaces. Meanwhile, the upper unit, renting at $1400 plus electricity, offers a cozy retreat with its own distinct appeal. Beyond its rental potential, this property boasts additional features that enhance its desirability. With a full basement and an attached garage, there's ample room for storage and vehicle parking, ensuring practicality for residents. The fenced yard and inviting deck provide outdoor space perfect for relaxation or entertaining, adding to the property's allure. Moreover, the versatile layout of this duplex opens up the possibility of converting it into a stunning single-family home. With some creative vision and customization, this property could become the dream residence for a discerning buyer seeking a blend of comfort and investment value. Whether you're an astute investor seeking a lucrative rental opportunity or a homebuyer in search of a residence with character and potential, 175 Battery Street offers a compelling proposition.
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