Waterfront Fixer-Upper on Nanticoke Creek

Property details for 107 Erie Street, Nanticoke

Type: Residential
Style: Bungalow
Bedrooms: 3
Bathrooms: 2
Living Area: 1,222 square feet
Lot Size: 0.97
Stories: 1
Basement: Unfinished, Full
Parking: Attached Garage
Heating: Space Heater, Electric, Propane
Cooling: None
Exterior: Brick Veneer
Ownership: Freehold
Annual Taxes: $3,466

This 1967 brick bungalow is a rare fixer-upper sitting on just under an acre right where Nanticoke Creek meets Lake Erie. Almost 1,000 square feet on the main floor plus a full basement that's mostly one long rec room (12 x 47) with a kitchen, bedroom, and 4pc bath. Upstairs you've got two more bedrooms, including a primary that runs 21 feet long, and a laundry room. The kitchen and dining area are dated but functional, and the house is heated with electric space heaters and natural gas, though there's no AC. Septic and cistern water, and a sump pump in the basement. The back of the property opens straight onto the creek, and Hoover's Marina is just 0.8 km away, so you can keep a boat close by. Nanticoke itself is quiet and country, but Simcoe and Port Dover are about 15-20 minutes for groceries and nightlife. The lot is 0.97 acres with a crushed stone driveway and an attached garage that fits two cars, plus plenty of room for toys. Tax bill is a reasonable $3,466. Price sits at $499,900, which is a bit below the area median of $544,394, reflecting the work needed. If you're handy or want to build your dream waterfront pad, this is a solid canvas. Just mind the thermal generating station 2.5 km away if that bugs you.

About 107 Erie Street, Nanticoke — Property Score

Well Priced Hot Market

Score: 69/100

Value

Priced 15.1% below area median of $588,888 based on 9 comparable properties nearby 93

$409/sqft - 27.1% below the $561/sqft area median 100

Stable pricing - no price changes since original listing date 50

Size

1,222 sqft - 4% more space than similarly priced homes (1,174 sqft median) 63

3 bedrooms - typical for similarly priced homes 60

2 bathrooms - 1 more than similarly priced properties nearby 72

42,253 sqft lot - an oversized lot for the area 90

Location

$60K median household income - near the Canadian average of $70K 60

74% of residents hold postsecondary credentials - a highly educated neighbourhood 83

92% homeownership rate - indicating a stable, owner-occupied community 94

58% of residents commute under 30 minutes - good commuting convenience 76

10/km² population density - a rural or semi-rural setting 55

Market

Just listed - area average is 103 days on market 100

+33.1% median price change over 1 month - rising prices in the area 100

10 months of housing supply - 10 active listings with 1 sold last month (buyer's market) 40

Features

10-car garage - more than the area average of 4.7 spots 95

Unfinished, Full basement - adds valuable living space 85

Space Heater, Electric, Natural gas 50

None 30

Built in 1967 (59 years old) - established home with character, newer than the area average (1947) 45

Waterfront, View - premium features that add significant value 80

Investment

0.69% effective tax rate ($3,466/yr) - below the Canadian average of ~1% 79

10% renter population - primarily owner-occupied area 42

Quality

Condition

Listing

34 photos provided - below the area average of 43 photos 92

7 of 7 key property details provided (100%) - comprehensive listing with excellent detail 95

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.