16
$549,000
283 Schooley Road, Fort Erie, ON L0S 1B0
Crystal Beach
4 bd
2 ba
1,500 sf
10
3 months on marketMLS® X13444390
Crystal Beach · L0S 1B0
$599,900
$300 / sq ft4 weeks on market
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$549,000
Crystal Beach
Excellent 4 plex features 4 2 bedroom apartments and incredible future income and expansion potential! Solid building with many updates. 4 separate hydro meters. 4 separate gas meters. Nice, neat and clean. Updated windows, and roof. Located on .32 of an acre, this lot offers lots of room for expansion and the creation of additional units. (Buyer to verify with the Town of Fort Erie). Very reasonable expenses. Average water bill is $156.00 and insurance is $242.00 per month. 4 long term tenants. Current rents are substantially under market value. A new owner can renovate each unit as they become available, and increase the rents to market level. Wonderful opportunity for a patient and experienced real estate investor.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 65% of comparable multiplex listings in Fort Erie are asking less.
Based on 17 comparable active multiplex listings in Fort Erie. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $599,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ROYAL LEPAGE NRC REALTY. 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.
Listing courtesy of RE/MAX NIAGARA REALTY LTD, BROKERAGE