40
$999,000
223-227 Gilmore Road, Fort Erie, ON L2A 2M2
Central
4 ba
9,508 sf
2 months on marketMLS® X13672584
Listing courtesy of COLDWELL BANKER SUN REALTY
1 / 9
For saleNew listingMLS® X14135740
258 HENRIETTA Street, Fort Erie, ON L2A 2K7
Central · L2A 2K7
$849,900
$553 / sq ft5 days on market
- Bedrooms
- 3
- Total area
- 1,538 sf
- Lot
- 83 × 232.72 ft
- Age
- 31-50 years
What's special
- Partial
About this property
Great Investment opportunity with plenty of potential and lots of income from day one. Exceptional investment opportunity featuring a large property with significant redevelopment potential. Currently configured with 5 self-contained apartments, including 3 one-bedroom units and 2 two-bedroom units, providing excellent income potential. Ample paved parking available. The property offers additional development opportunities, with potential for a 10-unit apartment building at the rear, subject to approvals. Permitted uses include fourplexes, apartment dwellings, homes for the aged, assisted living houses, nursing homes, existing residential uses and accessory buildings or structures. A rare opportunity to explore multiple development possibilities and maximize the potential of this property!
Property details
Property
- Property type
- investment
- Bedrooms
- 3
- Interior size
- 1,538 sq ft
- Year built
- 31-50
- Lot size
- 83 × 232.72 ft
- Zoning
- R3
- Possession
- Immediate
Interior
- Heating
- Radiant · Gas
- Cooling
- Partial
Exterior & services
- Sewer
- Storm Available
Costs
- List price
- $849,900
- Property taxes
- $5,638 / year (2025)
- Price per sq ft
- $553
- Rental items
- N/A
Listing
- MLS® number
- X14135740
- Status
- For sale
- Listed
- October 31, 2026
- Days on market
- 5
- Last updated
- October 31, 2026
- Listing brokerage
- SUMMIT REALTY EXPERTS INC.
Price & sale history
This property's sale history is hidden
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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 in line with comparable listings — about 42% of comparable multi-unit / investment listings in Fort Erie are asking less.
$434KMedian $949K$1.47M
- This home
- $553 / sq ft
- Comparable median
- $224 / sq ft
Based on 12 comparable active multi-unit / investment listings in Fort Erie. These are asking prices, not sale prices.
Mortgage estimate
Down payment7.1% · minimum $59,990
Interest rate5-year fixed, illustrative only
Amortization
- Principal & interest
- $4,367.55
- Property tax (est.)
- $469.83
- Estimated monthly
- $4,837
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 SUMMIT REALTY EXPERTS INC.. 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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