Gurvinder Nokwal REALTOR®
For Sale Fourplex 116 days on market

$849,900

Est. payment $3,763/moCalculate yours

3705 WILLSON Street, Fort Erie, ON L0S 1N0

335 - Ridgeway, Fort Erie, ON L0S 1N0

  • 6 Beds
  • 4 Baths
  • 2,000 Sq Ft
Map

Listing courtesy of RE/MAX NIAGARA REALTY LTD, BROKERAGE MLS® X13482640

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.

Property details

Overview

Property Type
Fourplex
Style
2-Storey
For
For Sale
Status
New
Approximate Age
100+
Size
2,000 sqft

Interior

Bedrooms
6
Bathrooms
4
Kitchens
4
Basement
Partial Basement, Unfinished

Building & Systems

Heating
Forced Air (Gas)
Cooling
None
Exterior
Other, Vinyl Siding
Foundation
Concrete Block
Roof
Metal
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
123.08 x 74.57 Feet
Parking
None garage · 6 total
Zoning
TRM

Financial

Property Taxes
$4,619 (2025)

Location

Neighbourhood
335 - Ridgeway
Cross Street
Ridge Rd N
Direction Faces
South

Listing

MLS® Number
X13482640
Days on Market
116
Listed On
2026-06-24
Possession
immediate with tenants
Listed By
RE/MAX NIAGARA REALTY LTD, BROKERAGE

Features

Interior

  • Separate Hydro Meter
  • Storage

Property

  • Beach
  • Level
  • School
  • Park

Pool

  • None
Excluded
tenant's contents

Mortgage calculator

Minimum for this price: $59,990 (7.06%)

Amortization, years

Estimated mortgage payment

$3,763 per month

Principal and interest
$3,763
Property tax
$385
Estimated monthly cost
$4,148

Your mortgage

Mortgage amount
$679,920
Mortgage insurance
Not needed
Interest over 25 years
$449,032

Cash to close

Down payment
$169,980
Land transfer tax
$13,473
Total, before legal fees
$183,453
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

3705 WILLSON Street, Fort Erie, ON L0S 1N0 335 - Ridgeway, Fort Erie, ON L0S 1N0
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$849,900 3705 WILLSON Street, Fort Erie, ON L0S 1N0
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