HN
5045 Michener Road, Fort Erie, ON L0S 1R0, Fort Erie, ON
+19 photos
$1,595,000

5045 Michener Road, Fort Erie, ON L0S 1R0, Fort Erie, ON

Fort Erie, ON L0S 1R0
3 beds 3 baths Detached

About this home

Imagine waking up to pure serenity everyday. The feeling of complete privacy makes this home so special. The entrance to this 11.8 acre property offers an amazing presentation of professional landscaping and prestigious architecture. A meandering tree lined driveway leads its way to a stately custom built bungalow with an impressive arched entranceway and covered front porch. Inside, a bright foyer opens with sightlines to the backyard which showcases its natural surroundings. The living room features cathedral ceilings and a floor to ceiling stone fireplace with gas insert. This space flows into a formal dining area with sliding glass doors accessing the back patio. The kitchen is designed for convenience, comfort and entertaining. It also offers a panoramic view of the front yard and gardens. A lofted upper level provides flexible space for home office use or lounge. The oversized primary suite includes a walk in closet and five piece ensuite and connects directly to the covered porch by separate doorway. The second bedroom, main floor laundry and double car garage are generous in size. The lower level features a rec-room with new carpeting, pot lights and gas fireplace, along with an oversized bedroom and two piece bathroom. (rough in provided for a future shower/tub). Experience the outside grounds which feature a mature forest, walking trails, backyard illumination, beautiful sunsets and spectacular night time sky's. Meticulous landscaping integrates the home seamlessly into the natural environment which only time and vision can create . This is more than a home, it's a lifestyle treasure. Additionally this property is located minutes away from Crystal Beach and Sherkston Shores and a host of other amenities including marinas, golf clubs, bicycle trails, shopping, outdoor markets and restaurants. Venues located in Niagara Falls, Buffalo and Niagara on the Lake are within convenient driving distance.

Property Score

34/ 100
Overall Property Score
poor

A blend of both buyer and investor metrics.

Score breakdown
Walkability
55/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
35/100poor
GO Transit, LRT, and bus access from this neighborhood.
Schools
70/100great
Based on local school rankings (Fraser Institute proxy).
Affordability
268% of city avgpoor
Priced above Fort Erie's average of $595,000.
Appreciation Trend
+1%/yrgood
Fort Erie has seen +1% YoY price change.
Monthly Cash Flow
-$8,060/mopoor
Estimated -$8,060/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
-0.45%poor
Net operating income divided by purchase price.
Basement Suite Potential
Buildablegreat
Strong potential for a legal basement suite - could add ~$1,260/mo.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X12947088
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.