3705 WILLSON Street, Fort Erie, ON L0S 1N0
Ridgeway · L0S 1N0
$849,900
$425 / sq ft4 months on market
- Bedrooms
- 6
- Bathrooms
- 4
- Interior
- 2,000 sf
- Parking
- 6
- Lot
- 123.08 × 74.57 ft
- Age
- 100+ years
What's special
- 6 parking spaces
- Finished basement
- Separate hydro meter
- Storage
About this property
Exceptional investment opportunity in the heart of Ridgeway! Welcome to 3705 Willson Street - a well-maintained legal non-conforming fourplex situated on a large corner lot with ample parking and tremendous long-term upside.This turnkey income property features four self-contained units comprised of two 2-bedroom units and two 1-bedroom units, all currently tenanted on month-to-month leases. The 2-bedroom units generate $1,650/month each, while the 1-bedroom units generate $1,300/month each, offering strong and consistent rental income. With a projected cap rate of approximately 6.8%, this property presents an attractive opportunity for investors seeking solid returns.Pride of ownership is evident throughout. The building has been extremely well maintained, with updated major components including a metal roof, newer siding, and a newer furnace. All units are in excellent condition and have been carefully cared for, making this an ideal opportunity for both seasoned and first-time investors.Located in desirable Ridgeway, just minutes from Crystal Beach, shopping, restaurants, and local amenities, this property offers strong tenant appeal in a growing rental market.With a strong income stream, excellent condition, and plenty of future potential, this is a rare opportunity to add a solid multi-residential asset to your portfolio.
Features
- Separate Hydro Meter
- Storage
Property details
Property
- Property type
- multiplex
- Bedrooms
- 6
- Bathrooms
- 4
- Interior size
- 2,000 sq ft
- Year built
- 100+
- Lot size
- 123.08 × 74.57 ft
- Zoning
- TRM
- Possession
- immediate with tenants
Interior
- Basement
- Partial Basement, Unfinished
- Heating
- Forced Air · Gas
- Exposure
- South
Exterior & services
- Construction
- Other, Vinyl Siding
- Parking spaces
- 6
- Sewer
- Sewer
Costs
- List price
- $849,900
- Property taxes
- $4,619 / year (2025)
- Price per sq ft
- $425
Listing
- MLS® number
- X13482640
- Status
- For sale
- Listed
- June 24, 2026
- Days on market
- 134
- Last updated
- June 24, 2026
- Listing brokerage
- RE/MAX NIAGARA REALTY LTD, BROKERAGE
Price & sale history
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced above most comparable listings — about 82% of comparable multiplex listings in Fort Erie are asking less.
- This home
- $425 / sq ft
- Comparable median
- $285 / sq ft
Based on 11 comparable active multiplex listings in Fort Erie. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $4,367.55
- Property tax (est.)
- $384.92
- Estimated monthly
- $4,752
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $13,473
- Total due on closing
- $13,473
An estimate on the asking price of $849,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX NIAGARA REALTY LTD, BROKERAGE. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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