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Sona Bhalla

Broker
HouseSigma Inc, Brokerage Independently owned and operated. 15 Allstate Parkway #629, Markham, Ontario L3R5B4 Cell: 647-992-7653Office: 647-360-2330

$599,900
Available - For Sale
Listing ID: X13681028
3993 Wellington Court , Fort Erie, L0S 1B0, Niagara


Excellent 4 plex features 4 2 bedroom apartments and incredible future income and expansion potential! Solid building with many updates. 4 separate hydro meters. 4 separate gas meters. Nice, neat and clean. Updated windows, and roof. Located on .32 of an acre, this lot offers lots of room for expansion and the creation of additional units. (Buyer to verify with the Town of Fort Erie). Very reasonable expenses. Average water bill is $156.00 and insurance is $242.00 per month. 4 long term tenants. Current rents are substantially under market value. A new owner can renovate each unit as they become available, and increase the rents to market level. Wonderful opportunity for a patient and experienced real estate investor.
Price $599,900
Taxes: $4092.00
Assessment Year: 2025
Occupancy: Tenant
Address: 3993 Wellington Court , Fort Erie, L0S 1B0, Niagara
Directions/Cross Streets: DERBY AND WELLINGTON
Rooms: 16
Bedrooms: 8
Bedrooms +: 0
Family Room: F
Basement: Partial Base
Washroom Type No. of Pieces Level
Washroom Type 1 4 Lower
Washroom Type 2 4 Main
Washroom Type 3 4 Second
Washroom Type 4 4 Second
Washroom Type 5 0
Total Area: 0.00
Property Type: Fourplex
Style: 2-Storey
Exterior: Aluminum Siding, Vinyl Siding
Garage Type: None
(Parking/)Drive: Private Do
Drive Parking Spaces: 8
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Pool: None
Approximatly Square Footage: 2000-2500
Property Features: Level
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Baseboard
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: Y
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE NRC REALTY
Personal Picture
Sona Bhalla
Broker
Dir:
647-992-7653
Bus:
647-360-2330
 
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At a Glance:
Type: Freehold - Fourplex
Area: Niagara
Municipality: Fort Erie
Neighbourhood: 337 - Crystal Beach
Style: 2-Storey
Lot Size: x 123.00(Feet)
Approximate Age:
Tax: $4,092
Maintenance Fee: $0
Beds: 8
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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