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$535,000

Fort Erie (Central) ON, L2A 1T7

MLS® # X12393901

Property Information:

Truly unique opportunity for homeowners, investors, or entrepreneurs. This versatile property features an owner-occupied unit plus two additional residential units, offering flexible living and income potential. The spacious owner's unit boasts exclusive access to a full basement spanning the entire building, providing exceptional storage or workspace options. Meanwhile, the two additional residential units are currently vacant, allowing for immediate occupancy or tenant selection. Adding to the appeal, the existing zoning (RM1-595) permits the operation of a small business from the front unit, making this an ideal setup for those seeking a live-work opportunity. At the rear of the property, you'll find a large detached structure that includes a covered porch, a workshop, and plenty of additional storage space perfect for hobbyists, entrepreneurs, or those simply needing extra room. It also has a separate electrical service and a Plug hook up for an RV. Located just a short walk from the Niagara River Parkway and the Friendship Trail, outdoor enthusiasts will love the easy access to scenic trails and waterfront activities. Plus, with proximity to shopping, restaurants, and convenient QEW access, everyday needs and commuting are a breeze. Don't miss this rare opportunity to own a multi-functional property in a prime location! Roof shingles on the garage / shop are less than 5 years old. Specific zoning (RM1-595) permits a Take-out Restaurant Use shall be limited to selling ready-to-eat items that do not require commercial kitchen equipment, such as coffee, tea, ice cream, muffins, and cookies prepared off-site. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Floor Space: 2000 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Multi-family
  • Bathrooms: 3
  • Amenities Nearby: Highway, Public Transit
  • Floor Space (approx): 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 132.0 Feet
  • Lot Frontage: 66.0 Feet
  • Lot Size: 66 x 132 FT
  • Zoning: RM1-595
  • No. of Parking Spaces: 11

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 61 QUEEN STREET, Fort Erie (Central), Ontario, L2A 1T7

Demographic Information of 61 QUEEN STREET, Fort Erie (Central), Ontario, L2A 1T7

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$91,298.80

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

28.54 %

High school certificate or equivalent

41.06 %

Apprenticeship trade certificate/diploma

4.18 %

College/non-university certificate

14.52 %

University Degree

11.71 %

Commuter

Travel To Work

By Car

91.34 %

By Public Transit

0.0 %

By Walking

5.97 %

By Bicycle

0.0 %

By Other Methods

2.69 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

34.79 %

Houses

65.21 %

Own Vs. Rent