70 Courtwright Street, Fort Erie, ON L2A 2R7

$399,000
3
BD
2
BA
1,500
SqFt

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List Price
$399,000
MLS#
X13638050
Status
ACTIVE
Type
Multifamily
SubType
Duplex
Style
1 1/2 Storey
Bedrooms
3
Bathrooms
2
Living Area
1500-2000
Province
ON
Municipality
Fort Erie
Area
Niagara
Neighborhood
332 - Central
Subdivision
Central Ave

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.

Additional Information

Taxes
$2,596
Heat Type
Baseboard
Heat Source
Gas
Air Conditioning
Window Unit(s)
Lot Depth
134
Kitchens
2
Exterior
Vinyl Siding
Garage Type
None
Pool
None
Parking Spaces
4
Parking Type
Available

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Calculator source: Real Geeks

Listing courtesy of BAY STREET GROUP INC..