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97 Queen Street, Fort Erie, ON, L2A 1T9

MLS® # 40670587
Investment For Sale In Fort Erie North, Fort Erie, Ontario
$625,000
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
97 Queen Street, Fort Erie, ON
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97 Queen Street, Fort Erie, ON, L2A 1T9
$625,000

Property Information:

Discover the perfect investment opportunity in the heart of Fort Erie. This spacious large brick and concrete block 4-plex offers the ideal combination of versatility and potential income. With an attached carport and a detached 2-car garage, there are options to maximize your rental income. This property features four distinct units, catering to a variety of tenant needs. There's one cozy bachelor apartment, two spacious one-bedroom units, and a generous two-bedroom apartment. The third-floor one-bedroom apartment is a unique gem, offering exclusive access to a rooftop space with breathtaking views of the Buffalo skyline. Apartment #2 (Bachelor) $850, Apartment #1 (one bedroom - currently rented) $820, Apartment #3 (2 bedroom and currently rented) $769 and Apartment #4 (one bedroom - vacant) Potential rent $1250 . All rents are all utilities included. Property has hot water gas heating & furnace is located in Unit 1. Two units are currently vacant, providing an excellent opportunity for the new owner to take possession for personal use or set competitive rental rates for incoming tenants. With a little vision and the potential to rent out individual garage bays, this investment promises both immediate returns and long-term value. Don't miss out on this chance to own a piece of Fort Erie real estate with incredible potential. Recent improvements include a new exterior staircase to 3rd floor, updated bathroom in apartment 4 and exterior has been painted.

Inclusions: None

Building Features:

  • Floor Space: 2000 Square Feet

Property Features:

  • Bedrooms: 4
  • Acres Range: < 0.5
  • Basement: None
  • Construction Materials: Brick, Block
  • Cooling: None
  • Driveway Parking: Carport Parking, Private Drive Double Wide
  • Exterior Features: Balcony
  • Floor Space (approx): 2000 Square Feet
  • Heating: Natural Gas, Radiant, Other
  • Interior Features: Separate Heating Controls, Other
  • Laundry Features: None
  • Lot Depth: 66 Feet
  • Lot Features: City Lot, Near Golf Course, Highway Access, Hospital, Library, Marina, Open Spaces, Park, Place of Worship, Public Transit, School Bus Route, Schools, Shopping Nearby, Visual Exposure, Other
  • Lot Frontage: 82.13 Feet
  • Parking Features: Detached Garage, Asphalt
  • Roof: Asphalt Shing, Rolled/Hot Mop, Shingle
  • Water Source: Municipal
  • Waterfront Features: Lake Privileges, Lake/Pond
  • Zoning: R3
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 3

Courtesy of: RE/MAX NIAGARA REALTY LTD, BROKERAGE

Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

Sales/Price History

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Location of 97 Queen Street, Fort Erie, ON, L2A 1T9

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

33 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

33 hot days expected in 2050

53/100

Moderate

ClimateCheck®

Current data

This property, 97 Queen Street , experiences 7 hot days per year at around 31.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 35 degrees Celsius.

Projected Avg. Temperature

Past
31.5℃
2050
35℃

# Hot Days Per Year

Past
7
2050
33

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

66/100

Moderate-High

ClimateCheck®

Current data

This property, 97 Queen Street , experiences 11 significant 2-day storms per year, with about 337.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 414.7mm of precipitation per year.

Precipitation Per Storm

Past
337.5mm
2050
414.7mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 97 Queen Street, Fort Erie, ON, L2A 1T9

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$88,924.83

Average Number of Children

1.59

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.51 %

High school certificate or equivalent

42.08 %

Apprenticeship trade certificate/diploma

5.41 %

College/non-university certificate

18.98 %

University certificate (below bachelor)

0.08 %

University Degree

9.94 %

Commuter

Travel To Work

By Car

91.71 %

By Public Transit

0.0 %

By Walking

5.32 %

By Bicycle

0.0 %

By Other Methods

2.97 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

24.25 %

Houses

75.75 %

Own Vs. Rent