Hassan Nouman
35 Forsythe Street, Fort Erie, ON L2A 1X1, Fort Erie, ON
+7 photos
$309,500

35 Forsythe Street, Fort Erie, ON L2A 1X1, Fort Erie, ON

Fort Erie, ON L2A 1X1
3 beds 1 bath Detached

About this home

Great opportunity for first-time buyers or those looking to invest in a home with potential. This charming 3-bedroom property is ideally located just a few blocks from the Niagara River, the Friendship Trail, and the scenic Niagara Parkway; making it perfect for outdoor enthusiasts and nature lovers alike. The home features a convenient layout with a main floor bedroom and two additional bedrooms upstairs, offering flexibility for families, guests, or a home office setup. The main floor laundry adds to the practicality of the space, while the partial basement houses a newer furnace and hot water tank, ensuring peace of mind when it comes to essential utilities. Set on a generous, fully fenced lot, the backyard offers excellent privacy and ample room for entertaining, gardening, or pets to roam freely. A large detached garage provides plenty of space for parking, hobbies, or additional storage. While the home does require some TLC, it presents an excellent chance to build equity and customize to your taste.

Property Score

69/ 100
Overall Property Score
good

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
52% of city avgexcellent
Priced below Fort Erie's average of $595,000.
Appreciation Trend
+1%/yrgood
Fort Erie has seen +1% YoY price change.
Monthly Cash Flow
+$41/mofair
Estimated $41/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
5.77%excellent
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® # X13029438
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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