For Sale: 231-233 Jarvis Street, Fort Erie, ON - REW
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$589,900
7 bd 3 ba 2500 - 2999 sf Multifamily

231-233 Jarvis StreetFort Erie, ON, L2A 2S7

  • 7 Bed
  • 3 Bath
  • 2500 - 2999 Sqft
  • Multifamily

About this home

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:63626)
Listed by: Phillip Smith, Salesperson, ROYAL LEPAGE NRC REALTY

Home facts and features

Price details
List Price
Gross Taxes for 2025
$2,182
Home facts
Bedrooms
7
Full Bathrooms
3
Parking Spaces
6
Parking Details
No Garage
Property Type
Multifamily
Depth
138.2 feet
Frontage
50.0 feet
Exterior Finish
Vinyl siding
Heating Type
Baseboard heaters, Electric, Natural gas, Other
Pool
Above Ground Pool
Basement Details
Unfinished, Partial, Crawl space,
Features
Fireplace(s), Separate Electricity Meters, Separate Heating Controls
Appliances
Refrigerator, Stove, Water Heater, Water meter
Agent details
Primary Agent
Phillip Smith
Primary Broker
ROYAL LEPAGE NRC REALTY
Secondary Agent
Sarah Randall
Secondary Broker
ROYAL LEPAGE NRC REALTY
Listing details
Days on REW
16 Days
MLS® Number
X13594460
Source
Canadian Real Estate Association
Board
Niagara Association of REALTORS®
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Fort Erie Secondary School
  • Public
  • 9 - 12
Our Lady of Victory Catholic Elementary School
  • Catholic
  • JK - 8
Peace Bridge Public School
  • Public
  • JK - 8
Garrison Road Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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