324 Derby Rd
Fort Erie, L0S 1B0
FOR SALE
$299,999
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BEDROOMS1
BATHROOMS1
KITCHENS5
ROOMSX8174436
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Property Description
Attention Investors & Renovators! This Detached Property has Residential & Commercial Zoned Mixed Use - A Blank Canvas Awaiting Your Creative Vision. This Property Has Been Completely Stripped Down Inside, Offering The Perfect Opportunity To Interior Design and Renovate To Your Exact Specifications, All In Accordance with City Permits. Located in the heart of Crystal Beach, you'll enjoy the convenience of being just a short stroll away from adverse range of locally owned shops and restaurants. Additionally, quick access to the sandy shores of Lake Erie, downtown Ridgeway, and major transportation routes, including the Peace Bridge and 15 Mins to QEW, make this location unbeatable. Architectural and structural drawings, as well as application forms for interior renovation, are available to assist and inspire your renovation journey. Don't let this incredible opportunity pass by you ! A&BIS AVALIABLE IN THIS AREA. The Property will be sold In As Is Conditions.
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Extras
The Property is under Constructions all the walls, floors have been removed. The Seller Makes no representation or warranty regarding any interior or exterior structures and any damages during the visit. No Showing inside.
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Property Details
Street
City
Property Type
Detached, Bungalow
Lot Size
40' x 88'
Fronting
East
Taxes
$1,748 (2023)
Basement
None
Exterior
Alum Siding
Heat Type
Other
Heat Source
Other
Air Conditioning
None
Water
Municipal
Driveway
Private
Garage Type
None
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Fort Erie Market Statistics
Fort Erie Price Trend
324 Derby Rd is a 2-bedroom 1-bathroom home listed for sale at $299,999, which is $306,534 (50.5%) lower than the average sold price of $606,533 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 2 bedroom home in Fort Erie increased by $29,748 (5.2%) compared to the previous 30 day period (February 27 - March 27) and down $25,967 (4.1%) from the same time one year ago.Inventory Change
There were 12 2-bedroom homes listed in Fort Erie over the last 30 days (March 28 - April 26), which is down 40.0% compared with the previous 30 day period (February 27 - March 27) and down 40.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Fort Erie typically sold ($12,700) (2.1%) below asking price over the last 30 days (March 28 - April 26), which represents a $1,236 decrease compared to the previous 30 day period (February 27 - March 27) and ($14,950) 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 2-bedroom homes in Fort Erie over the last 30 days (March 28 - April 26) stood at 125.0%, up from 70.0% over the previous 30 days (February 27 - March 27) and up from 40.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Fort Erie stood at 51 days when successfully sold over the last 30 days (March 28 - April 26), compared to 120 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Gold Realty Inc.
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