3705 WILLSON Street, Fort Erie, ON
Property Highlights
Welcome to this remarkable 2-Storey fourplex located in the coveted neighborhood of Ridgeway. Expertly crafted featuring premium other and vinyl siding construction, this residence presents an exceptional opportunity offered at $849,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 6 Bedrooms and 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 123.08 x 74.57 ft lot
- Features a partial basement, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: Separate Hydro Meter, Storage
- Efficient forced air heating via gas
Description
Exceptional investment opportunity in the heart of Ridgeway! Welcome to 3705 Willson Street - a well-maintained legal non-conforming fourplex situated on a large corner lot with ample parking and tremendous long-term upside.This turnkey income property features four self-contained units comprised of two 2-bedroom units and two 1-bedroom units, all currently tenanted on month-to-month leases. The 2-bedroom units generate $1,650/month each, while the 1-bedroom units generate $1,300/month each, offering strong and consistent rental income. With a projected cap rate of approximately 6.8%, this property presents an attractive opportunity for investors seeking solid returns.Pride of ownership is evident throughout. The building has been extremely well maintained, with updated major components including a metal roof, newer siding, and a newer furnace. All units are in excellent condition and have been carefully cared for, making this an ideal opportunity for both seasoned and first-time investors.Located in desirable Ridgeway, just minutes from Crystal Beach, shopping, restaurants, and local amenities, this property offers strong tenant appeal in a growing rental market.With a strong income stream, excellent condition, and plenty of future potential, this is a rare opportunity to add a solid multi-residential asset to your portfolio.
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Property Summary
This fourplex located at 3705 WILLSON Street, Fort Erie is currently for sale and has been available on SousaSells for 66 days. This property is listed at $849,900 with an estimated mortgage of $2,829* per month. It has 6 beds, 4 bathrooms, and is 2000-2500 square feet. 3705 WILLSON Street, Fort Erie is in the Ridgeway neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 6 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Ridgeway, Fort Erie.
- •6 spacious bedroom layout offering versatile living space
- •4 well-appointed bathrooms
- •2000-2500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Ridgeway, Fort Erie.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Beach
- Level
- School
- Park
Interior Features
- Separate Hydro Meter
- Storage
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 3705 WILLSON Street, Fort Erie, ON
Q.What is the asking price for 3705 WILLSON Street, Fort Erie, ON ?
The current listing price for 3705 WILLSON Street, Fort Erie, ON in Ridgeway, Fort Erie is $849,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 6 bedrooms and 4 bathrooms across approximately 2000-2500 sqft.
Q.What property type and architectural style is 3705 WILLSON Street, Fort Erie, ON ?
3705 WILLSON Street, Fort Erie, ON is a Fourplex (2-Storey) featuring a Partial Basement, Unfinished basement.
Q.What key property features does 3705 WILLSON Street, Fort Erie, ON offer?
Key property features include: Beach, Level, School, Park.
Q.What interior features are included in this home?
Interior highlights include: Separate Hydro Meter, Storage.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Ridgeway, Fort Erie
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 3705 WILLSON Street, Fort Erie, ON L0S 1N0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Fort Erie, ON
For a property listed at $849,900 in Fort Erie, the legal minimum down payment is $59,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $13,473 for this transaction. As this listing is in Fort Erie (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $13,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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