37 Catherine St
Fort Erie, L2A 2G8
FOR SALE
$589,900
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BEDROOMS2
BATHROOMS2
KITCHENS12
ROOMSX8154712
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Property Description
37 Catherine St. in Fort Erie is a lucrative opportunity featuring a legal side-by-side duplex with immediate rental income. Both units A and B offer practical layouts, including two bedrooms, a four-piece bathroom, and separate laundry facilities. Unit A stands out with additional amenities like a dishwasher, washer, and dryer, plus a versatile loft space. This property is ideal for investors seeking solid returns and potential homeowners looking for a unique living arrangement. The option to occupy one unit while renting out the other presents an attractive opportunity to offset mortgage costs and generate secondary income. Situated in a tranquil neighborhood close to essential amenities, this property offers a blend of financial benefits and comfortable living, making it a lifestyle choice worth considering.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-01-16 | 2024-03-19 | 63 | $599,900 | - | Terminated |
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Property Details
Street
City
Property Type
Duplex, Bungalow
Lot Size
66' x 148'
Fronting
South
Taxes
$1,926 (2023)
Basement
None
Exterior
Vinyl Siding
Heat Type
Other
Heat Source
Electric
Air Conditioning
Other
Water
Municipal
Parking Spaces
6
Driveway
Available
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| 2nd Br | Main | 8.66' x 10.40' | |
| 2nd Br | Main | 8.66' x 10.40' | |
| Kitchen | Main | 11.45' x 10.66' | |
| Kitchen | Main | 11.48' x 10.66' | |
| Laundry | Main | 6.20' x 5.91' | |
| Living | Main | 13.91' x 11.91' | |
| Living | Main | 13.98' x 11.91' | |
| Br | Main | 8.66' x 10.37' | |
| Br | Main | 8.66' x 10.40' | |
| Loft | Upper | 41.27' x 14.40' |
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Fort Erie Market Statistics
Fort Erie Price Trend
37 Catherine St is a 4-bedroom 2-bathroom home listed for sale at $589,900, which is $247,600 (29.6%) lower than the average sold price of $837,500 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 4 bedroom home in Fort Erie increased by $140,000 (20.1%) compared to the previous 30 day period (February 29 - March 29) and up $27,500 (3.4%) from the same time one year ago.Inventory Change
There were 11 4-bedroom homes listed in Fort Erie over the last 30 days (March 30 - April 28), which is down 0.0% compared with the previous 30 day period (February 29 - March 29) and down 15.4% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Fort Erie typically sold ($15,000) (1.8%) below asking price over the last 30 days (March 30 - April 28), which represents a $7,400 increase compared to the previous 30 day period (February 29 - March 29) and ($27,400) 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 4-bedroom homes in Fort Erie over the last 30 days (March 30 - April 28) stood at 81.8%, up from 36.4% over the previous 30 days (February 29 - March 29) and up from 61.5% 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 (March 30 - April 28), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with The Agency
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