For Sale: 3705 Willson Street, Fort Erie, ON - REW
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$849,900
6 bd • 4 ba • 2000 - 2499 sf • Multifamily
3705 Willson Street
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$849,900
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3705 Willson StreetFort Erie, ON, L0S 1N0

  • 6 Bed
  • 4 Bath
  • 2000 - 2499 Sqft
  • Multifamily

About this home

Exceptional investment opportunity in the heart of Ridgeway! Welcome to 3705 Willson Street - a well-maintained legal non-conforming fourplex situated on a large corner lot with ample parking and tremendous long-term upside.This turnkey income property features four self-contained units comprised of two 2-bedroom units and two 1-bedroom units, all currently tenanted on month-to-month leases. The 2-bedroom units generate $1,650/month each, while the 1-bedroom units generate $1,300/month each, offering strong and consistent rental income. With a projected cap rate of approximately 6.8%, this property presents an attractive opportunity for investors seeking solid returns.Pride of ownership is evident throughout. The building has been extremely well maintained, with updated major components including a metal roof, newer siding, and a newer furnace. All units are in excellent condition and have been carefully cared for, making this an ideal opportunity for both seasoned and first-time investors.Located in desirable Ridgeway, just minutes from Crystal Beach, shopping, restaurants, and local amenities, this property offers strong tenant appeal in a growing rental market.With a strong income stream, excellent condition, and plenty of future potential, this is a rare opportunity to add a solid multi-residential asset to your portfolio. (id:63626)
Listed by: Marta Andre, Broker, RE/MAX NIAGARA REALTY LTD, BROKERAGE

Home facts and features

Price details
List Price
$849,900
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Gross Taxes for 2025
$4,619
Home facts
Bedrooms
6
Full Bathrooms
4
Parking Spaces
6
Parking Details
No Garage
Property Type
Multifamily
Depth
74.6 feet
Frontage
123.1 feet
Exterior Finish
Vinyl siding
Heating Type
Forced air, Natural gas
Basement Details
Unfinished, Partial
Features
Flat site, Level lot, Separate Electricity Meters
Appliances
Water meter
Agent details
Primary Agent
Primary Broker
RE/MAX NIAGARA REALTY LTD, BROKERAGE
Secondary Agent
Darrel Lane
Secondary Broker
RE/MAX NIAGARA REALTY LTD, BROKERAGE
Listing details
Days on REW
1 Day
MLS® Number
X13482640
Source
Canadian Real Estate Association
Board
Niagara Association of REALTORS®
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25 Years
Interest Rate
3.99%

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Property Insights

Ridgeway-Crystal Beach High School
  • Public
  • 9 - 12
John Brant Public School
  • Public
  • JK - 8
St George Catholic Elementary School
  • Catholic
  • JK - 8
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Call Agent
Broker
Marta Andre
Phone:
(905) 324-8001
Cell:
905-324-8001
Office:
905-687-9600
Salesperson
Darrel Lane
Phone:
(905) 359-0639
Cell:
905-359-0639
Office:
905-687-9600
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