$1,549,000
Available - For Sale
Listing ID: X12102669
4060 ER Erie Stre , Fort Erie, L0S 1B0, Niagara


Ever dreamed of running your own business while your tenants cover the expenses? Here's your chance. This fully renovated building in the heart of Crystal Beach, -----one of Ontario's desirable beach towns ------ just a three-minute stroll from the pristine white sands and crystal clear waters of Lake Erie. Ideally situated on the lively and high-traffic Erie Road, it's surrounded by popular restaurants, boutiques, and seasonal attractions. The property offers 3,600 square feet across two levels, plus a 1,200-square-foot outdoor deck, and has undergone over $600,000 in upgrades between 2020 and 2025. Improvements include new electrical, plumbing, HVAC, windows, roof, siding, flooring, bathrooms, and drywall. On the main floor, you will find two commercial units -----one already leased, and the other ready for your business. Upstairs is a beautifully finished, fully furnished Airbnb offering additional income potential. Whether you're launching a new venture or looking to grow your investment portfolio in a thriving lakeside community, this is a rare opportunity you don't want to miss. Contact me for full details.
Price $1,549,000
Taxes: $8694.00
Tax Type: Annual
Assessment Year: 2024
Occupancy: Tenant
Address: 4060 ER Erie Stre , Fort Erie, L0S 1B0, Niagara
Postal Code: L0S 1B0
Province/State: Niagara
Directions/Cross Streets: Erie Rd and Elmwood
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
Category: Accommodation
Use: Other
Building Percentage: T
Total Area: 5134.38
Total Area Code:  Square Feet
Office/Appartment Area: 1800
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Approximatly Age: 51-99
Financial Statement: F
Chattels: T
Sprinklers: No
Washrooms: 5
Outside Storage: F
Clear Height Feet: 9
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $77,450 $154,900 $232,350 $309,800
First Mortgage $1,471,550 $1,394,100 $1,316,650 $1,239,200
CMHC/GE $58,862 $43,217.1 $36,866.2 $0
Total Financing $1,530,412 $1,437,317.1 $1,353,516.2 $1,239,200
Monthly P&I $7,552.31 $7,092.9 $6,679.36 $6,115.23
Expenses $0 $0 $0 $0
Total Payment $7,552.31 $7,092.9 $6,679.36 $6,115.23
Income Required $283,211.49 $265,983.75 $250,475.91 $229,321.05

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

$
%
Years
$3,822.02
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.
RIGHT AT HOME REALTY, BROKERAGE
Personal Picture
Simon Huang
Broker
Bus:
905-241-2222
Fax:
905-241-3333
 
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At a Glance:
Type: Com - Investment
Area: Niagara
Municipality: Fort Erie
Neighbourhood: 337 - Crystal Beach
Style:
Lot Size: x 70.00(Feet)
Approximate Age: 51-99
Tax: $8,694
Maintenance Fee: $0
Beds: 0
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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%
Years