242 Jarvis St

Fort Erie, L2A 2S5
FOR SALE
$399,900
242 Jarvis St, Fort Erie
242 Jarvis St
242 Jarvis St
242 Jarvis St
242 Jarvis St
242 Jarvis St
242 Jarvis St
242 Jarvis St
242 Jarvis St
242 Jarvis St
242 Jarvis St
242 Jarvis St
242 Jarvis St
242 Jarvis St
242 Jarvis St
242 Jarvis St
242 Jarvis St
242 Jarvis St
242 Jarvis St
242 Jarvis St
242 Jarvis St
242 Jarvis St
242 Jarvis St
242 Jarvis St
242 Jarvis St
242 Jarvis St
242 Jarvis St
242 Jarvis St
242 Jarvis St
242 Jarvis St
242 Jarvis St
242 Jarvis St
242 Jarvis St
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3
BEDROOMS
2
BATHROOMS
2
KITCHENS
10
ROOMS
X9392025
MLSID
Contact Us
Property Description
This well-cared-for duplex is a true gem nestled in the heart of town, combining convenience with the comforts of home. The main floor apartment will be vacant, offering a perfect opportunity for potential tenants or the chance for you to create your dream living space. Meanwhile, the upper apartment is rented for $800 per month plus hydro providing immediate income potential and an excellent return on investment. The exterior features a beautiful wrap-around front porch, a perfect spot to unwind with a book or enjoy your morning coffee while soaking in the sights and sounds of the neighborhood. The rear has a small and private grassed area with ample parking. Inside, both units boast ample natural light and functional layouts, making them inviting and easy to customize. The property's location is unbeatable - just a short walk to downtown, where you'll find shops, restaurants, and local attractions, enhancing the appeal for potential tenants or your own lifestyle. Whether you're an investor looking to expand your portfolio or a homeowner seeking a place with rental income, this duplex offers incredible potential. Don't miss out on the chance to own a piece of this vibrant community!
Property Details
Street
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
50' x 122'
Fronting
North
Taxes
$2,297 (2024)
Basement
Part Bsmt
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain13.48' x 10.99'
LivingMain12.99' x 12.01'
BrMain14.99' x 7.58'
BrMain12.99' x 10.99'
Common RmMain6.27' x 5.68'
Living2nd13.42' x 10.99'
Kitchen2nd13.42' x 10.99'
Br2nd10.01' x 10.01'
Fort Erie Market Statistics
Fort Erie Price Trend
242 Jarvis St is a 3-bedroom 2-bathroom home listed for sale at $399,900, which is $35,100 (8.1%) lower than the average sold price of $435,000 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 3 bedroom home in Fort Erie declined by $136,963 (23.9%) compared to the previous 30 day period (August 18 - September 16) and down $85,000 (16.3%) from the same time one year ago.
Inventory Change
There were 23 3-bedroom homes listed in Fort Erie over the last 30 days (September 17 - October 16), which is down 11.5% compared with the previous 30 day period (August 18 - September 16) and down 30.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Fort Erie typically sold ($19,900) (4.6%) below asking price over the last 30 days (September 17 - October 16), which represents a $5,060 decrease compared to the previous 30 day period (August 18 - September 16) and ($19,900) less 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 3-bedroom homes in Fort Erie over the last 30 days (September 17 - October 16) stood at 47.8%, down from 1,596.2% over the previous 30 days (August 18 - September 16) and up from 30.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Fort Erie stood at 41 days when successfully sold over the last 30 days (September 17 - October 16), compared to 79 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Niagara Realty Ltd.
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