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$ 399,000
Est. payment /mo
New
70 Courtwright ST Fort Erie, ON L2A 2R7
3 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 332 - Central
MLS Listing ID X13638050
Style 1 1/2 Storey
Bedrooms 3
Annual Tax Amount $2,596
Tax Year 2026
Property Sub-Type Duplex
Property Description
ATTENTION INVESTORS! New Price - Under $400,000! 100% vacant duplex with verified rental potential of $3,100/month, delivering an impressive 9.3%+ gross rental yield. Featuring no basement to maintain and separate gas and hydro meters, this turnkey investment is ready for its next owner. Located just steps from the Niagara River, this property is also well positioned to benefit from the Niagara Region's ongoing economic revitalization and the proposed Buffalo Outer Harbor Cruise Terminal project located directly across the river. Situated on a generous 54' x 135' lot, this well-maintained duplex offers two fully self-contained units, each with its own private entrance, kitchen, and in-suite laundry. Separate gas and hydro meters provide simplified property management and reduced operating expenses. The front unit features 1 bedroom and 1 bathroom, while the rear unit offers 2 bedrooms and 1 bathroom. With both units currently vacant, the property provides exceptional flexibility for investors seeking immediate market rents or owner-occupants looking to offset their mortgage by renting one unit. The property's rental history has been verified: in 2025, the front unit rented for $1,500/month and the rear unit rented for $1,600/month, generating a total of $3,100 in monthly rental income. Conveniently located near downtown amenities, parks, waterfront trails, and the Niagara River, this is an outstanding investment opportunity offering strong cash flow, excellent rental demand, and long-term growth potential in a thriving riverside community.
Location
Province ON
County Niagara
Area Niagara
Rooms
Family Room No
Basement None
Kitchen 2
Interior
Interior Features Carpet Free, Separate Heating Controls
Cooling Window Unit(s)
Fireplace Yes
Heat Source Gas
Exterior
Parking Features Available
Pool None
Roof Type Asphalt Shingle
Lot Frontage 54.48
Lot Depth 134.7
Total Parking Spaces 4
Building
Foundation Post & Pad
Others
ParcelsYN No
Listed by BAY STREET GROUP INC.