$999,000
Est. payment $4,423/moCalculate yours
223-227 Gilmore Road, Fort Erie, ON L2A 2M2
332 - Central, Fort Erie, ON L2A 2M2
- 7 Beds
- 6 Baths
- 3,500 Sq Ft
Listing courtesy of COLDWELL BANKER SUN REALTY MLS® X13672578
About this home
Excellent investment opportunity- Five-unit apartment complex for sale. All five units are well-maintained. In addition, there are four one-bedroom units on the main level with stainless steel appliances and one three-bedroom unit on the second level. These units are located in the heart of Fort Erie, close to major highways and all amenities. Every unit features a separate parking space and hydro meter. A management company oversees four of the units.
Property details
Overview
- Property Type
- Multiplex
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 3,500 sqft
Interior
- Bedrooms
- 7
- Bathrooms
- 6
- Kitchens
- 5
- Basement
- Unfinished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Aluminum Siding, Vinyl Siding
- Foundation
- Block
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 100 x 95.08 Feet
- Parking
- None garage · 14 total
- Zoning
- Multi-Residential
Financial
- Property Taxes
- $8,093 (2026)
Location
- Neighbourhood
- 332 - Central
- Cross Street
- Central Ave & Gilmore Rd
- Direction Faces
- South
Listing
- MLS® Number
- X13672578
- Days on Market
- 66
- Listed On
- 2026-08-13
- Possession
- TBD
- Listed By
- COLDWELL BANKER SUN REALTY
Features
Interior
- Carpet Free
- Separate Hydro Meter
Property
- Hospital
- Park
- Public Transit
- School
- School Bus Route
Pool
- None
- Included
- 5 Stoves, 5 Refrigerator, Washer Dryer on the 2nd level, coin laundry on the main level.Every unit has its own stove, refrigerator, water meter, and four-piece bathroom. The second floor features two bathrooms, three bedrooms, and a separate laundry room.
- Excluded
- Hydro is covered by the tenant on their own.
- Rental items
- Hot Water Tank
Mortgage calculator
Estimated mortgage payment
$4,423 per month
- Principal and interest
- $4,423
- Property tax
- $674
- Condo fees
- $0
- Estimated monthly cost
- $5,098
Your mortgage
- Mortgage amount
- $799,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $527,807
Cash to close
- Down payment
- $199,800
- Land transfer tax
- $16,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $216,255
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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