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For saleMLS® X13482640

3705 WILLSON Street, Fort Erie, ON L0S 1N0

Ridgeway · L0S 1N0

$849,900

$425 / sq ft

4 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

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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.

$399KMedian $520K$999K
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

Down payment7.1% · minimum $59,990
$59,990
Interest rate5-year fixed, illustrative only
4.49%
Amortization
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.

$849,900

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