619 Niagara Blvd
Fort Erie, L2A 3H6
FOR SALE
$499,900
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BEDROOMS2
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Property Description
Don't miss this once-in-a-lifetime opportunity to own a waterfront property without the hefty price tag or high taxes, A SHORT SECENIC DRIVE TO FALLS! Originally a single-family home, this property has been converted into a versatile two-family dwelling or a single-family home with an in-law suite. Presently there are two independent units of two bedrooms each. FLEXIBLE ZONING###: Zoned for commercial use in the Bridgeburg district, providing endless possibilities for your vision.You can keep the present residential status or develop commercial on main and residential on top( SEE ATTACHMENT).The City is providing lot of incentives, take advantage. Where can you find waterfront huge lot at this price. The city is considering waiving off parking requirement for development as there are two parking sites in front of the property owned by city.####INCOME POTENTIAL###: Maintain the excellent current tenants paying $2400+utl's or choose to live in one unit while renting out the other. Consider options like an Airbnb or a home business.####Scenic Views: Enjoy stunning views of Buffalo across the river from this waterfront property. KEEP THE PROPERTY FOR RETIREMENT OR DEVELOP IT OR GET THE DRAWINGS APPROVED FROM CITY AND SELLL THE TURNEY PROJECT.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-01-26 | 2023-03-31 | 64 | $619,900 | - | Expired |
2023-01-10 | 2023-03-15 | 64 | $1,499 | - | Expired |
2022-11-10 | 2023-01-10 | 61 | $638,500 | - | Expired |
2022-10-04 | 2022-11-09 | 36 | $679,900 | - | Suspended |
Extras
Needs a littleTLC to make this an incredible waterfront home ! Conveniently close to the border and walk downtown to lots of shops and restaurant
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Property Details
Street
City
Property Type
Detached, 2-Storey
Lot Size
47' x 178'
Fronting
West
Taxes
$3,811 (2024)
Basement
Unfinished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
8
Driveway
Private
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 12.01' x 12.99' | |
Kitchen | Main | 10.83' x 16.99' | Combined W/Dining |
Dining | Main | 10.83' x 16.99' | |
Prim Bdrm | Main | 8.01' x 13.32' | |
2nd Br | Main | 9.68' x 10.76' | |
Living | 2nd | 12.01' x 19.65' | Open Concept, Combined W/Dining |
Prim Bdrm | 2nd | 10.99' x 15.32' | Overlook Water |
2nd Br | 2nd | 10.50' x 13.32' | |
Kitchen | 2nd | 12.01' x 19.65' | Combined W/Kitchen, Open Concept |
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Fort Erie Market Statistics
Fort Erie Price Trend
619 Niagara Blvd is a 2-bedroom 2-bathroom home listed for sale at $499,900, which is $25,329 (5.3%) higher than the average sold price of $474,571 in the last 30 days (August 8 - September 6). During the last 30 days the average sold price for a 2 bedroom home in Fort Erie declined by $7,484 (1.6%) compared to the previous 30 day period (July 9 - August 7) and down $86,017 (15.3%) from the same time one year ago.Inventory Change
There were 11 2-bedroom homes listed in Fort Erie over the last 30 days (August 8 - September 6), which is up 57.1% compared with the previous 30 day period (July 9 - August 7) and down 38.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Fort Erie typically sold ($14,983) (3.2%) below asking price over the last 30 days (August 8 - September 6), which represents a $61 decrease compared to the previous 30 day period (July 9 - August 7) and ($15,364) 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 (August 8 - September 6) stood at 3,309.1%, up from 1,285.7% over the previous 30 days (July 9 - August 7) and up from 94.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Fort Erie stood at 81 days when successfully sold over the last 30 days (August 8 - September 6), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Superstars Real Estate Limited
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