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231-233 JARVIS STREET, Fort Erie (Central) — listed at $569,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Rare investment and live-in opportunity at 231-233 Jarvis St. in Fort Erie! Situated on a generous 50' x 138' lot just moments from historic Bridgeburg, the Niagara River, the Friendship Trail, the Peace Bridge, and quick QEW access, this unique property features two standalone buildings with a total of three units. Offering far more privacy and owner-occupancy appeal than a traditional triplex, it is ideal for first-time buyers looking for rental income to offset their mortgage, multi-generational families, or savvy investors seeking strong cash flow in a booming market. The front duplex consists of two well-designed 2-bedroom units, each boasting its own cozy gas fireplace and separate utility meters. The vacant upper unit has been freshly painted and upgraded with brand-new flooring and light fixtures, leaving you free to move right in or set your own market rents immediately. The lower unit is meticulously maintained and occupied by an excellent, reliable long-term tenant. Tucked behind for ultimate privacy is a separate 1,206 sq. ft. rear house featuring 3 bedrooms, an enclosed sunroom, and its own expansive backyard. Currently rented, this rear home offers immense potential for value-add renovations to maximize future appreciation. Enjoy complete peace of mind with newer roofs and windows on both structures. Positioned in an area experiencing great growth and high rental demand, this versatile, multi-building package represents one of the best real estate opportunities on the market today! (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Upper Level | 3.2 x 2.1 meters |
| Dining room | Main level | 3 x 3 meters |
| Bedroom | Second level | 2.47 x 3 meters |
| Bedroom | Second level | 2.92 x 3.36 meters |
| Bedroom | Second level | 3 x 3.98 meters |
| Living room | Upper Level | 4.57 x 5.14 meters |
| Bedroom | Upper Level | 2.91 x 3.11 meters |
| Bedroom | Upper Level | 2.96 x 3.49 meters |
| Living room | Lower level | 5.27 x 5.6 meters |
| Bedroom | Lower level | 3.25 x 2.54 meters |
| Bedroom | Lower level | 2.23 x 4.66 meters |
| Kitchen | Lower level | 3.55 x 3.4 meters |
| Kitchen | Main level | 2.73 x 3.56 meters |
| Laundry room | Main level | 5.2 x 4 meters |
How is the space laid out across floors?+
This is a 2-storey multi-family. The 7 bedrooms and 3 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
What's the parking situation?+
This property includes 6 spaces — No Garage.
How many fireplaces are there, and what type?+
This home has 2 fireplaces. Confirm the fuel type (wood, gas, or electric) and have it inspected — especially wood-burning, which needs a WETT certification for insurance.
Is this a good starter home?+
At $569,900, this is priced in starter-home territory for Fort Erie (Central). With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
Does it have a basement, and is it finished?+
Yes — Unfinished, Partial, Crawl space, N/A. A finished basement adds meaningful living space beyond the listed square footage.
How is the home heated? Is it efficient?+
Heating is baseboard heaters, electric, natural gas, other. Gas heating is generally the most cost-efficient option in Ontario winters.
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