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Rocky Li

Realtor
Dream Home Realty Inc., Brokerage Cell: 416-567-3688Office: 905-604-6855

$569,900
Available - For Sale
Listing ID: X13594460
231-233 Jarvis Street , Fort Erie, L2A 2S7, Niagara


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!
Price $569,900
Taxes: $2182.00
Assessment Year: 2025
Occupancy: Tenant
Address: 231-233 Jarvis Street , Fort Erie, L2A 2S7, Niagara
Directions/Cross Streets: CENTRAL AVE AND JARVIS ST
Rooms: 14
Rooms +: 0
Bedrooms: 7
Bedrooms +: 0
Family Room: F
Basement: Partial Base, Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Upper Kitchen 10.5 6.89
Room 2 Upper Living Ro 14.99 16.86
Room 3 Upper Bedroom 9.54 10.2
Room 4 Upper Bedroom 9.71 11.45
Room 5 Lower Living Ro 17.29 18.37 Gas Fireplace
Room 6 Lower Bedroom 10.66 8.33
Room 7 Lower Bedroom 7.31 15.28
Room 8 Lower Kitchen 11.64 11.15
Room 9 Main Kitchen 8.95 11.68
Room 10 Main Laundry 17.06 13.12
Room 11 Main Dining Ro 9.84 9.84
Room 12 Second Bedroom 8.1 9.84
Room 13 Second Bedroom 9.58 11.02
Room 14 Second Bedroom 9.84 13.05
Washroom Type No. of Pieces Level
Washroom Type 1 4 Upper
Washroom Type 2 4 Lower
Washroom Type 3 4 Second
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Approximatly Age: 100+
Property Type: Triplex
Style: 2-Storey
Exterior: Vinyl Siding
Garage Type: None
(Parking/)Drive: Private Do
Drive Parking Spaces: 6
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Pool: Above Gr
Approximatly Age: 100+
Approximatly Square Footage: 2500-3000
Property Features: Park, Place Of Worship
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Baseboard
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: Y
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE NRC REALTY
Personal Picture
Rocky Li
Realtor
Dir:
416-567-3688
Bus:
905-604-6855
 
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At a Glance:
Type: Freehold - Triplex
Area: Niagara
Municipality: Fort Erie
Neighbourhood: 332 - Central
Style: 2-Storey
Lot Size: x 138.18(Feet)
Approximate Age: 100+
Tax: $2,182
Maintenance Fee: $0
Beds: 7
Baths: 3
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: Above Gr
Locatin Map:
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