$569,900
↓ $20,000 from $589,900
Est. payment $2,523/moCalculate yours
231-233 Jarvis Street, Fort Erie, ON L2A 2S7
332 - Central, Fort Erie, ON L2A 2S7
- 7 Beds
- 3 Baths
- 2,500 Sq Ft
Listing courtesy of ROYAL LEPAGE NRC REALTY MLS® X13594460
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!
Property details
Overview
- Property Type
- Triplex
- Style
- 2-Storey
- For
- For Sale
- Status
- Price Change
- Approximate Age
- 100+
- Size
- 2,500 sqft
Interior
- Bedrooms
- 7
- Bathrooms
- 3
- Kitchens
- 3
- Basement
- Partial Basement, Unfinished, Crawl Space
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- None
- Exterior
- Vinyl Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 50 x 138.18 Feet
- Parking
- None garage · 6 total
- Zoning
- R2
Financial
- Property Taxes
- $2,182 (2025)
Location
- Neighbourhood
- 332 - Central
- Cross Street
- CENTRAL AVE AND JARVIS ST
- Direction Faces
- South
Listing
- MLS® Number
- X13594460
- Days on Market
- 88
- Listed On
- 2026-07-22
- Possession
- FLEXIBLE W/Tenants
- Listed By
- ROYAL LEPAGE NRC REALTY
Rooms
Features
Interior
- Separate Hydro Meter
- Water Meter
- Water Heater Owned
- Separate Heating Controls
Property
- Park
- Place Of Worship
- School Bus Route
- School
- Golf
Pool
- Above Ground
- Included
- 3 fridges, 3 stoves
- Rental items
- None
Mortgage calculator
Estimated mortgage payment
$2,523 per month
- Principal and interest
- $2,523
- Property tax
- $182
- Condo fees
- $0
- Estimated monthly cost
- $2,705
Your mortgage
- Mortgage amount
- $455,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $301,098
Cash to close
- Down payment
- $113,980
- Land transfer tax
- $7,873
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $121,853
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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