$ 2.090.000

474 Lakeshore Road, Fort Erie

43 Photos

474 Lakeshore Road, Fort Erie, ON L2A1B5 Photo 2

474 Lakeshore Road, Fort Erie, ON L2A1B5 Photo 3

474 Lakeshore Road, Fort Erie, ON L2A1B5 Photo 4

474 Lakeshore Road, Fort Erie, ON L2A1B5 Photo 5

474 Lakeshore Road, Fort Erie, ON L2A1B5 Photo 6

474 Lakeshore Road, Fort Erie, ON L2A1B5 Photo 7

Bedrooms: 7
Bathrooms: 6
Living area: 3502 sqft

MLS®: 40574036
Type: Residential
Added: 10 days ago

Property Details

Welcome to 474 Lakeshore Rd, a unique waterfront property offering an unparalleled lifestyle with profitable income potential. This exquisite 1.2-acre estate features a fully renovated turnkey 3-bedroom, 3-bath main house, showcasing an open-concept living, dining, and kitchen area with direct, uninterrupted views of the lake. Elegance and modern luxury are embedded in every detail of the main residence, from the sleek finishes to the expansive windows that frame the serene waterfront. Additionally, the property includes three rental units—a charming 2-bedroom, 1-bath two-story home and a duplex, each with a 1-bedroom, 1-bath unit. These well-appointed rentals present a significant income opportunity, each offering privacy and comfort. Situated close to downtown, this property marries tranquillity with convenience, as all urban amenities are just a short drive away. Whether you're looking for a family home with supplemental income or an investment with exceptional returns, 474 Lakeshore Rd offers both in a spectacular setting. Experience the best of waterfront living with a smart financial future secured by this impressive property. (id:1945)

Best Mortgage Rates

Property Information

Sewer: Municipal sewage system
Cooling: Central air conditioning
Heating: Forced air, Natural gas
List AOR: Niagara
Stories: 2
Basement: Unfinished, Partial
Directions: From Dominion Rd, head south on Lakeshore Rd
Living Area: 3502
Photos Count: 43
Water Source: Municipal water
Lot Size Units: acres
Parking Total: 8
Bedrooms Total: 7
Structure Type: Fourplex
Water Body Name: Lake Erie
Common Interest: Freehold
Subdivision Name: 333 - Lakeshore
Tax Annual Amount: 3787.99
Exterior Features: Vinyl siding
Community Features: Community Centre
Foundation Details: Stone
Lot Size Dimensions: 1.197
Zoning Description: EC, H, WR
Number Of Units Total: 4
Waterfront Features: Waterfront on river

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Nearby Places

Name	Type	Address	Distance
Old Fort Erie	It is located on the southern edge of the Town of ...		0.3 km
Capture of Fort Erie	The British garrison was outnumbered but surrender...		0.3 km
Siege of Fort Erie	During the siege, the British suffered heavy casua...		0.3 km
Battle of Fort Erie (1866)	In response to the Fenian occupation of the townsh...		0.7 km
Anchor Bar	It is accessible by Buffalo Metro Rail, being appr...		1.6 km
Peace Bridge Arena	It was located near the Peace Bridge connecting Fo...		2.0 km
Peace Bridge	The Peace Bridge is an international bridge betwee...		2.4 km
Fort Porter	It was initially a square masonry two-story redoub...		2.5 km
CFLZ-FM	It is also the highest rated Canadian station in t...		2.5 km
Buffalo North Breakwater South End Light	It is a 29-foot (8.8 m) high beacon constructed of...		2.6 km
Buffalo Main Light	Buffalo (Main) Light is a lighthouse at the mouth ...		2.6 km
Connecticut Street Armory	It is a massive castle-like structure built in 189...		2.9 km

Similar Houses Stat in Fort Erie

We have found 6 Houses that closely match the specifications of the property located at 474 Lakeshore Road with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 1,278,990 and 1,749,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the L2A1B5 postal code area of Fort Erie Ontario Canada.

474 Lakeshore Road mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 474 Lakeshore Road. The current price of the property is $2,090,000, 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 $1,672,000. This would result in a monthly mortgage payment of $9,773 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree	35
University / Below bachelor level	10
Certificate of Qualification	10
College	75
University degree at bachelor level or above	45

Neighbourhood Marital Status Stat

Married	230
Widowed	55
Divorced	55
Separated	30
Never married	85
Living common law	40
Married or living common law	270
Not married and not living common law	220

Neighbourhood Construction Date

1961 to 1980	75
1981 to 1990	30
1991 to 2000	20
2001 to 2005	20
2006 to 2010	20
1960 or before	95

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Brantford	546	$937.135
Fonthill	59	$1.206.776
Thorold	215	$1.032.458

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