About this property

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.

Features & finishes

View

Fireplace

Air Conditioning

Basement

Property details

MLS® Number	X13638050
Status	Active
Listing Type	For Sale
Property Type	Multi-Family
Interior Size	1,500 sq ft
Beds / Baths	3 bed · 2 bath
Neighbourhood	332 - Central
City	Fort Erie
Postal Code	L2A 2R7
Province	ON
Listed Date	August 5, 2026
Days on Market	1
Price per Sq Ft	$266
Brokerage	BAY STREET GROUP INC.