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$2,650,000

Fort Erie (Central) ON, L2A 3N9

MLS® # X12439523

Property Information:

This exceptional 9-unit apartment building has been meticulously rebuilt from the ground up, offering modern amenities and a turn-key investment opportunity. Each unit boasts its own gas forced air furnace and central air conditioning, ensuring personalized comfort year-round. With in-unit washer and dryer facilities, tenants enjoy unparalleled convenience. Generating an impressive $210,000+ in annual income, this property is a solid addition to any investment portfolio. The expansive parking lot provides ample space for tenants and guests, enhancing the property's appeal. Located just a short walk from the picturesque Niagara River and moments from downtown Fort Erie, the building is perfectly positioned for both residents and investors seeking accessibility and charm. Professionally managed and fully operational, 21 Wintemute represents a rare opportunity to own a hassle-free, income-generating property in a prime location. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Floor Space: 9000 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned
  • Appliances: Dryer, Washer

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Public Transit, Recreation
  • Features: Irregular lot size
  • Floor Space (approx): 9000 Square Feet
  • Irregular: Yes
  • Lot Depth: 176.0 Feet
  • Lot Frontage: 95.7 Feet
  • Lot Size: Bldg=95.69 x 176 FT
  • Zoning: RM2-585
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 18

Courtesy of: RE/MAX NIAGARA REALTY LTD, BROKERAGE

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 21 WINTEMUTE STREET, Fort Erie (Central), Ontario, L2A 3N9

Demographic Information of 21 WINTEMUTE STREET, Fort Erie (Central), Ontario, L2A 3N9

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$94,243.47

Average Number of Children

1.78

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.44 %

High school certificate or equivalent

31.72 %

Apprenticeship trade certificate/diploma

9.16 %

College/non-university certificate

25.88 %

University certificate (below bachelor)

0.51 %

University Degree

12.3 %

Commuter

Travel To Work

By Car

79.92 %

By Public Transit

0.0 %

By Walking

17.78 %

By Bicycle

0.0 %

By Other Methods

2.3 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

31.08 %

Houses

68.92 %

Own Vs. Rent