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20 DUFFERIN STREET, Fort Erie (Central) — listed at $429,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Attention investors! Excellent opportunity to add a solid income-producing property to your portfolio. This 2-storey duplex offers multiple revenue streams with additional potential in the detached 650 sq.ft. rear building, ideally suited for future development, additional rental income, workshop space, or storage.Located in a desirable Fort Erie area close to the Niagara River, Downtown Fort Erie, and the Peace Bridge, this property benefits from strong rental appeal and convenient access for tenants.The main floor unit features 3 bedrooms and 2 bathrooms, including a primary bedroom with a 2-piece ensuite, spacious living room, and eat-in kitchen. The upper unit includes 2 bedrooms, a kitchen, living room, and 4-piece bath. Both units are currently tenant occupied, providing immediate rental income for the new owner.With existing tenants in place, additional income potential, and a prime location, this property is a great opportunity for investors looking for cash flow and long-term growth potential. (id:60164)
Is there air conditioning?+
Yes — fully air conditioned cooling is in place.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $2,455, heating is forced air, natural gas, other. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas, other. Gas heating is generally the most cost-efficient option in Ontario winters.
Who is 20 DUFFERIN STREET best suited for?+
With null bedrooms, this is ideal for a couple, a small family, or as a low-maintenance investment property.
Is this a good starter home?+
At $429,900, this is priced in starter-home territory for Fort Erie (Central). Factor in property taxes when calculating your true monthly cost.
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