HN
316 Bowen Road, Fort Erie, ON L2A 2Y9, Fort Erie, ON
+19 photos
$475,000

316 Bowen Road, Fort Erie, ON L2A 2Y9, Fort Erie, ON

Fort Erie, ON L2A 2Y9
4 beds 1 bath Detached

About this home

Welcome to 316 Bowen Road! This charming brick bungalow is set on a spacious 60 x 120 ft lot in a revitalizing neighbourhood close to parks, the Niagara River, and downtown Bridgeburg. Lovely perennial gardens surround this solid home, which features a welcoming front porch and a backyard designed for relaxing, entertaining, or working in the garden. The main floor is filled with natural light and includes a cozy living room with a gas fireplace, a dining room, a kitchen, three bedrooms, and a full 4-piece bathroom. The basement adds flexibility and in-law suite capability with a recroom, bar area, fourth bedroom, laundry area with double sink and laundry tub, and a utility/storage room. Step outside to enjoy the backyard featuring a gazebo lounge area, built-in BBQ and bar, and a stunning firepit patio - perfect for evenings around the fire. The fenced-in yard provides privacy and space to unwind. Enjoy the walkable lifestyle with Bowen Road Park (featuring a baseball diamond and playground), the Niagara River Parkway and trail system, and downtown Bridgeburg's restaurants, shops, and amenities all nearby.

Property Score

68/ 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
80% of city avggreat
Priced below Fort Erie's average of $595,000.
Appreciation Trend
+1%/yrgood
Fort Erie has seen +1% YoY price change.
Monthly Cash Flow
+$409/mogood
Estimated $409/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
6.65%excellent
Net operating income divided by purchase price.
Basement Suite Potential
+$1,260/moexcellent
Existing/legal suite estimated at $1,260/mo additional income.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X13074904
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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