$574,900
↓ $25,000 from $599,900
Est. payment $2,546/moCalculate yours
3993 Wellington Court, Fort Erie, ON L0S 1B0
337 - Crystal Beach, Fort Erie, ON L0S 1B0
- 8 Beds
- 4 Baths
- 2,000 Sq Ft
Listing courtesy of ROYAL LEPAGE NRC REALTY MLS® X13681028
About this home
Excellent 4 plex features 4 2 bedroom apartments and incredible future income and expansion potential! Solid building with many updates. 4 separate hydro meters. 4 separate gas meters. Nice, neat and clean. Updated windows, and roof. Located on .32 of an acre, this lot offers lots of room for expansion and the creation of additional units. (Buyer to verify with the Town of Fort Erie). Very reasonable expenses. Average water bill is $156.00 and insurance is $242.00 per month. 4 long term tenants. Current rents are substantially under market value. A new owner can renovate each unit as they become available, and increase the rents to market level. Wonderful opportunity for a patient and experienced real estate investor.
Property details
Overview
- Property Type
- Fourplex
- Style
- 2-Storey
- For
- For Sale
- Status
- Price Change
- Size
- 2,000 sqft
Interior
- Bedrooms
- 8
- Bathrooms
- 4
- Kitchens
- 4
- Basement
- Partial Basement
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- None
- Exterior
- Aluminum Siding, Vinyl Siding
- Foundation
- Concrete Block, Poured Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 64 x 123 Feet
- Parking
- None garage · 8 total
- Zoning
- R2
Financial
- Property Taxes
- $4,092 (2025)
Location
- Neighbourhood
- 337 - Crystal Beach
- Cross Street
- DERBY AND WELLINGTON
- Direction Faces
- North
Listing
- MLS® Number
- X13681028
- Days on Market
- 63
- Listed On
- 2026-08-16
- Possession
- FLEXIBLE w/tenants
- Listed By
- ROYAL LEPAGE NRC REALTY
Features
Interior
- Separate Hydro Meter
- Water Heater Owned
Property
- Level
Pool
- None
- Included
- 4 owned hot water tanks.
- Rental items
- None
Mortgage calculator
Estimated mortgage payment
$2,546 per month
- Principal and interest
- $2,546
- Property tax
- $341
- Condo fees
- $0
- Estimated monthly cost
- $2,887
Your mortgage
- Mortgage amount
- $459,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $303,740
Cash to close
- Down payment
- $114,980
- Land transfer tax
- $7,973
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $122,953
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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