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$725,000
Available - For Sale
Listing ID: X12346207
Welcome to 214 Jarvis Street, Fort Erie, Ontario a rare and versatile investment opportunity offering five separate income-generating units in a prime location. Situated just steps from the heart of downtown and a short walk to the scenic Niagara River, local shops, and charming eateries, this property combines strong rental potential with a desirable lifestyle setting. The building features three residential units, both currently occupied. One unit is home to a long-term tenant who has not only cared for their space but has also acted as an informal property manager over the years an invaluable asset for any investor. A vacant three-bedroom residential unit provides the perfect opportunity to set your own rental rate or even occupy the space yourself. This units size and layout make it ideal for families or professionals seeking proximity to downtown conveniences. In addition, the property boasts two recently renovated commercial storefront units. These bright, modern spaces are move-in ready and await new tenants. Their high visibility and central location make them appealing to a variety of businesses, from retail to professional services. Whether you are an experienced investor looking to expand your portfolio or a newcomer seeking a property with multiple income streams, 214 Jarvis Street offers excellent versatility. The combination of residential and commercial spaces means diversified rental income, while the proximity to downtown, the Niagara River, and local amenities ensures ongoing demand. Opportunities like this featuring a mix of stable tenants, vacant units ready to lease, and updated commercial space are increasingly rare in Fort Erie evolving real estate market. Secure your position in this growing community and take advantage of both immediate returns and long-term value appreciation. Rents estimated at $1000 per month for each front unit and $1800 for upper 3 br, back is $500 and side is $1350.
Price $725,000
Taxes: $5,735
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 214 Jarvis Stre , Fort Erie, L2A 2S5, Niagara
Postal Code: L2A 2S5
Province/State: Niagara
Directions/Cross Streets: Central Avenue
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  0
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: 3,900
Total Area Code:  Square Feet
Area Influences: Public Transit  
Maintenance: 0
Water Expense: $1965
Expenses Actual/Estimated: $Est
Heat Type: Gas Hot Water
Central Air Conditioning: Partial
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
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Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX NIAGARA REALTY LTD, BROKERAGE

214 Jarvis Stre , Fort Erie, L2A 2S5, Niagara


 
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At a Glance:
Type: Com - Investment
Area: Niagara
Municipality: Fort Erie
Neighbourhood: 332 - Central
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Lot Size: x 121.70(Feet)
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Tax: $5,735
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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