2949 Garrison Rd

Fort Erie, L0S 1N0
FOR SALE
$1,099,000
2949 Garrison Rd, Fort Erie
2949 Garrison Rd
2949 Garrison Rd
2949 Garrison Rd
2949 Garrison Rd
2949 Garrison Rd
2949 Garrison Rd
2949 Garrison Rd
2949 Garrison Rd
2949 Garrison Rd
2949 Garrison Rd
2949 Garrison Rd
2949 Garrison Rd
2949 Garrison Rd
2949 Garrison Rd
2949 Garrison Rd
2949 Garrison Rd
2949 Garrison Rd
2949 Garrison Rd
2949 Garrison Rd
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3
BEDROOMS
1
BATHROOMS
1
KITCHENS
7
ROOMS
X7322256
MLSID
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Property Description
INCREDIBLE OPPORTUNITY! Over 500 feet of frontage and almost 3 acres on a major road nestled on a rural country-like setting in between downtown Ridgeway and Fort Erie. Potential to make a subdivision and/ or townhouses, and possible new road allowance behind the property. Buyers are responsible for doing their own due diligence and verifying permitted uses, zoning, and all approvals from the Town Of Fort Erie, NPCA, etc. The current house on the property is a super cute and cozy fully renovated 3 bedroom / 1 bath bungalow on a lease. Spacious open concept kitchen with quartz counters, island and stainless steel appliances, attached heated garage and sunroom. Gorgeous tree-lined lot, just a short drive to many beaches, restaurants and breweries. Features Area Influences: School Bus Route.
Property Features
Beach, Grnbelt/Conserv, Lake Access, Marina, School, School Bus Route
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
513' x 245'
Acreage
2-4.99
Fronting
East
Taxes
$3,216 (2022)
Basement
Crawl Space
Exterior
Vinyl Siding, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
8
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain12.99' x 22.01'
DiningMain12.01' x 8.99'
LivingMain13.16' x 22.41'
Prim BdrmMain10.01' x 14.17'
BrMain10.83' x 10.99'
BrMain8.17' x 10.01'
Fort Erie Market Statistics
Fort Erie Price Trend
2949 Garrison Rd is a 3-bedroom 1-bathroom home listed for sale at $1,099,000, which is $569,000 (107.4%) higher than the average sold price of $530,000 in the last 30 days (January 27 - February 25). During the last 30 days the average sold price for a 3 bedroom home in Fort Erie declined by $37,500 (6.6%) compared to the previous 30 day period (December 28 - January 26) and up $15,000 (2.9%) from the same time one year ago.
Inventory Change
There were 23 3-bedroom homes listed in Fort Erie over the last 30 days (January 27 - February 25), which is up 35.3% compared with the previous 30 day period (December 28 - January 26) and up 4.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Fort Erie typically sold ($10,000) (1.9%) below asking price over the last 30 days (January 27 - February 25), which represents a $4,950 increase compared to the previous 30 day period (December 28 - January 26) and ($23,400) 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 3-bedroom homes in Fort Erie over the last 30 days (January 27 - February 25) stood at 56.5%, down from 70.6% over the previous 30 days (December 28 - January 26) and up from 45.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Fort Erie stood at 25 days when successfully sold over the last 30 days (January 27 - February 25), compared to 97 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Escarpment Golfi Realty Inc.
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