48 Nature Line, Lowbanks

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  • Bedrooms: 4
  • Bathrooms: 2
  • Living area: 1501 square feet
  • MLS®: h4184994
  • Type: Multifamily
  • Added: one hour ago
  • Type: Multifamily
  • Listed by: Point2

Property Details

TWO HOMES FOR THE PRICE OF ONE!! Very affordable country/lake living is here! Please read to the end - so many options!!... Two renovated year round homes with ROW access to Lake Erie waterfront on one 0.36 acre lot. House 1~ Unit 48A is vacant - 942 sq ft 2 bedroom & has been reno'd from the studs - new windows & doors, siding, flooring, drywall, new 100-amp electrical panel, plumbing, kitchen, bathroom, light fixtures, SS appliances, inc dishwasher & island, gas fireplace & laundry hook-ups. New front deck plus side deck. Original holding tank & cistern here, as well as metal roof. Unit 48B is currently tenanted at $1350 per month. New carpeting in bedrooms, new flooring in main area, It is 550 sq ft with 2 bedrooms, cool cathedral ceilings & faux brick wainscoting, Fresh paint throughout, incs laundry hook ups & features a unique upper loft. Each unit has a separate laneway & parking. Gorgeous mature treed chainlink fence on one side. OPTIONS: 1. Live in one & let the tenant help with the mortgage! 2. Rent both out to year round tenants, or as a lucrative air bnb. 3. Buy with a family member/friend and everybody has their own place with lots of space ($340,000 each sounds pretty affordable!) 4. Potential to sever into two parcels - and then sell them! GREAT INVESTMENT HERE! GET YOUR FOOT IN THE REAL ESTATE GAME!

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Features

  • Other: Elevator: No, Inclusions: Stainless Steel fridge, stove, microwave range, and dishwasher in Unit A, white fridge and stove in Unit B, Foundation: Concrete Block, Laundry Access: In-Suite
  • Heating: Electric, Propane, Baseboard, Radiant
  • Lot Features: Rural, Indirect Waterfront
  • Extra Features: Area Features: Beach, Golf, Hospital, Lake Backlot, Level, Marina, Park, Quiet Area, Rec./Commun.Centre, Schools, Water Access
  • Interior Features: Fireplaces: Propane
  • Sewer/Water Systems: Sewers: Holding Tank

Nearby Places

Name Type Address Distance
Rock Point Provincial Park Park Lowbanks 0.6 km
Port Colborne Airport Port Colborne Airport, (TC LID: CPE5), is located ... 16.3 km
Wainfleet, Ontario Wainfleet is also the home of the Marshville Herit... 16.7 km
Robert Land Academy School 6727 South Chippawa Rd 16.9 km
Niagara Central Dorothy Rungeling Airport It was built in 1940 by the Royal Canadian Air For... 23.6 km
Port Colborne High School School Port Colborne 24.0 km
Port Colborne The original settlement, known as Gravelly Bay, da... 24.7 km
Clarence St. Bridge The structure uses simple electric motors and coun... 24.8 km
Fenwick, Ontario It is located in the Niagara Region... 25.1 km
Coyle Creek The creek contains numerous fish species, includin... 25.9 km
Toronto Motorsports Park Establishment 1040 Kohler Rd 26.4 km
Dain City, Ontario The name was changed to Dain City after it was ann... 27.2 km
Similar Multifamilys Stat in Lowbanks
We have found 6 Multifamily that closely match the specifications of the property located at 48 Nature Line with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 659,000 and 875,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Multifamily in the N0A1K0 postal code area of Lowbanks Ontario Canada.
48 Nature Line mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 48 Nature Line. The current price of the property is $669,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $535,920. This would result in a monthly mortgage payment of $3,133 over a 25-year amortization period.
Comparison of 48 Nature Line, Lowbanks, ON with Nearby Multifamilys
Nearby Cities Listings Avg. price
Wainfleet 64 $1.138.412
Dunnville 80 $864.626
Welland 314 $1.002.011
West Lincoln 58 $2.137.496
Brant 91 $1.672.967
Brantford 533 $934.165
Hamilton 2215 $1.128.782
Fonthill 56 $1.219.844
Popular Cities Listings Avg. price
St Catharines 575 $868.001
Niagara Falls 669 $1.080.280
Burlington 796 $1.563.595
Oakville 871 $1.943.691
Fort Erie 371 $902.698
Cambridge 429 $1.036.548
Milton 386 $1.821.634
Mississauga 1346 $1.352.182
59 Rock Point Bay Line, Haldimand 59 Rock Point Bay Line, Lowbanks 64 Windy Line S, Haldimand 64 Windy Line, Lowbanks 23 Burton Line, Dunnville 35 Nature Line, Lowbanks 17 Burton Line, Dunnville 9 Burton Line, Lowbanks