$1,499,000
Est. payment $6,637/moCalculate yours
3820 Terrace Lane, Fort Erie, ON L0S 1B0
337 - Crystal Beach, Fort Erie, ON L0S 1B0
- 8 Beds
- 4 Baths
- 3,000 Sq Ft
Listing courtesy of Century 21 Heritage House LTD MLS® X13654606
About this home
RARE OPPORTUNITY to invest in a water view property in crystal beach with 3 turn key units. Ideal for multi generational living with 3 separate self contained units all fully furnished. Currently used for a combo of long term rentals and airbnb. Live in one unit and rent the other 2 or rent all 3.The possibilities are endless. Unit #1 was fully renovated back to the studs in 2023 including new 200 amp electrical panel, new plumbing new roof. HIgh end finishings include quartz counters, heated bathroom floor, pot filler, charging station for electric cars. includes 15 appliances and all furniture, decor and kitchen contents. This great location is steps to the beach, boat launch, park and a short walk to the Erie Rd strip with restaurants and popular Bay Beach.
Property details
Overview
- Property Type
- Triplex
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Approximate Age
- 100+
- Size
- 3,000 sqft
Interior
- Bedrooms
- 8
- Bathrooms
- 4
- Kitchens
- 3
- Basement
- Crawl Space
Building & Systems
- Heating
- Water (Electric)
- Cooling
- Wall Unit(s), Window Unit(s)
- Exterior
- Vinyl Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 85 x 93.58 Feet
- Parking
- None garage · 4 total
Financial
- Property Taxes
- $3,801 (2026)
Location
- Neighbourhood
- 337 - Crystal Beach
- Cross Street
- Terrace Lane and Lake Street
- Direction Faces
- South
Listing
- MLS® Number
- X13654606
- Days on Market
- 71
- Listed On
- 2026-08-08
- Possession
- flexible
- Listed By
- Century 21 Heritage House LTD
Rooms
Features
Interior
- Carpet Free
- Primary Bedroom - Main Floor
- Water Heater Owned
- Wheelchair Access
Pool
- None
- Included
- 3 fridges, 3 stoves, 2 dishwashers, 3 washers, 3 clothes dryers, 2 microwaves. All furniture and decor
- Excluded
- tenants belongings and personal items.
- Rental items
- hot water tank
Mortgage calculator
Estimated mortgage payment
$6,637 per month
- Principal and interest
- $6,637
- Property tax
- $317
- Condo fees
- $0
- Estimated monthly cost
- $6,954
Your mortgage
- Mortgage amount
- $1,199,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $791,974
Cash to close
- Down payment
- $299,800
- Land transfer tax
- $26,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $326,255
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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