$ 399,000

70 Courtwright Street, Fort Erie

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. (id:1945)
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Property details for 70 Courtwright Street, Fort Erie

Type
Multi-family
Bedrooms
3
Bathrooms
2
Lot Size
54.5 x 134.7 FT
Stories
1.5
Basement
None
Parking
No Garage
Heating
Baseboard heaters, Natural gas
Cooling
Window air conditioner
Exterior
Vinyl siding
Annual Taxes
$2,596 (2026)

Nearby Listings Stat

Estimated price and comparable properties near 70 Courtwright Street

Active Listings
9
Min Price
$399,000
Max Price
$1,200,000
Avg Price
$582,533
Days on Market
49
days
Sold Listings
6
Min Sold Price
$325,000
Max Sold Price
$579,900
Avg Sold Price
$448,133
Days until Sold
65
days

Neighbourhood Census Data

Fort Erie, Ontario

Population
517
Median Age
47.4
Median Income
$25,387
Dwelling Value
$175,024

Housing Tenure

Owners 51%
Renters 51%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.2
Pop. Density: 1,798.9/km²
Avg Shelter Cost: $1,021/mo
Owners with Mortgage: 64%
Owners Spending 30%+: 28%
Tenants Spending 30%+: 50%
English only: 88.5%
English and French: 10.6%
Neither: 1%
Median Household Income: $41,856
Median Employment Income: $24,624

Price History

Listed
August 5, 2026
by BAY STREET GROUP INC.
Current Price
$399,000
-11.1% from last change
Type
Multi-family
For Sale
Price Changes
2
Date Price Change
Current $399,000 $50,000 (-11.1%)
Aug 5, 2026 $449,000 $11,000 (-2.4%)
Jul 14, 2026 $460,000 Listed

Contact Agent Get in touch about 70 Courtwright Street, Fort Erie

Kaylee Luo
Kaylee Luo
BAY STREET GROUP INC.