$725,000
Available - For Sale
Listing ID: X12346207
214 Jarvis Stre , Fort Erie, L2A 2S5, Niagara
| Welcome to 214 Jarvis Street, Fort Erie, Ontario a rare and versatile investment opportunity offering five separate income-generating units in a prime location. Situated just steps from the heart of downtown and a short walk to the scenic Niagara River, local shops, and charming eateries, this property combines strong rental potential with a desirable lifestyle setting. The building features three residential units, both currently occupied. One unit is home to a long-term tenant who has not only cared for their space but has also acted as an informal property manager over the years an invaluable asset for any investor. A vacant three-bedroom residential unit provides the perfect opportunity to set your own rental rate or even occupy the space yourself. This units size and layout make it ideal for families or professionals seeking proximity to downtown conveniences. In addition, the property boasts two recently renovated commercial storefront units. These bright, modern spaces are move-in ready and await new tenants. Their high visibility and central location make them appealing to a variety of businesses, from retail to professional services. Whether you are an experienced investor looking to expand your portfolio or a newcomer seeking a property with multiple income streams, 214 Jarvis Street offers excellent versatility. The combination of residential and commercial spaces means diversified rental income, while the proximity to downtown, the Niagara River, and local amenities ensures ongoing demand. Opportunities like this featuring a mix of stable tenants, vacant units ready to lease, and updated commercial space are increasingly rare in Fort Erie evolving real estate market. Secure your position in this growing community and take advantage of both immediate returns and long-term value appreciation. Rents estimated at $1000 per month for each front unit and $1800 for upper 3 br, back is $500 and side is $1350. |
| Price | $725,000 |
| Taxes: | $5735.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 214 Jarvis Stre , Fort Erie, L2A 2S5, Niagara |
| Postal Code: | L2A 2S5 |
| Province/State: | Niagara |
| Directions/Cross Streets: | Central Avenue |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 |
| Category: | Apartment |
| Use: | Apts - 2 To 5 Units |
| Building Percentage: | T |
| Total Area: | 3900.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Public Transit |
| Water Expense: | $1965 |
| Expenses Actual/Estimated: | $Est |
| Washrooms: | 0 |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | Partial |
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Years
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX NIAGARA REALTY LTD, BROKERAGE |
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At a Glance:
| Type: | Com - Investment |
| Area: | Niagara |
| Municipality: | Fort Erie |
| Neighbourhood: | 332 - Central |
| Tax: | $5,735 |
| Fireplace: | N |
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