HN
1234 SPEARS Road, Fort Erie, ON L2A 4N3, Fort Erie, ON
+7 photos
$599,999

1234 SPEARS Road, Fort Erie, ON L2A 4N3, Fort Erie, ON

Fort Erie, ON L2A 4N3
3 beds 3 baths Detached

About this home

Enjoy the serenity of country living in the heart of the city. This fully renovated, move-in ready home sits on a rare 90x120 ft lot with a flagstone patio, fire pit, and a private backyard perfect for entertaining or relaxing. The main floor boasts a modern kitchen with quartz countertops and black stainless steel appliances, a bright dining area with a custom coffee bar, and a stylish living room with a granite stucco gas fireplace. A sun-filled sunroom offers peaceful views of the backyard. The primary suite features a walk-through closet and luxurious 5-piece ensuite, while two additional bedrooms and bathrooms provide space for family and guests. The partially finished basement includes a recreational room, spacious bedroom, and a laundry room with a 2-piece bath. Chic, turnkey, and priced to sell.

Property Score

52/ 100
Overall Property Score
fair

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
101% of city avggood
Priced above Fort Erie's average of $595,000.
Appreciation Trend
+1%/yrgood
Fort Erie has seen +1% YoY price change.
Monthly Cash Flow
-$1,790/mopoor
Estimated -$1,790/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
2.03%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® # X12991934
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.

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