HN
54 Archange Street, Fort Erie, ON L2A 3K7, Fort Erie, ON
+19 photos
$489,900

54 Archange Street, Fort Erie, ON L2A 3K7, Fort Erie, ON

Fort Erie, ON L2A 3K7
3 beds 3 baths Duplex

About this home

**View Virtual Tour ** Fully renovated and completely turn-key, this impressive duplex presents a prime opportunity for investors or buyers seeking a stylish multi-unit property with strong income potential. Updated from top to bottom with quality finishes and modern improvements, the home offers exceptional value, low maintenance appeal, and immediate occupancy flexibility. Unit One (previously leased for $1900) features a bright, refreshed kitchen with abundant cabinetry, a convenient two-piece bathroom on the main floor, and a private upper-level bedroom complete with a newly added three-piece ensuite. Unit Two (previously leased for $2200) showcases a spacious, newly redesigned eat-in kitchen with ample cabinetry, modern backsplash, and an abundance of counterspace, a beautifully updated main floor bathroom, contemporary laminate flooring throughout, and two generously sized bedrooms on the upper level. The exterior is equally impressive, highlighted by newly constructed oversized front and rear decks, ideal for outdoor entertaining or relaxing. New vinyl siding enhances curb appeal while offering durability and minimal upkeep. Roof changed in 2015. An outdoor storage shed provides additional practical space. Situated on a quiet street in a desirable Fort Erie neighbourhood, the property is just minutes from major highway access and the US border, making commuting simple and convenient. Whether you choose to reside in one unit and generate rental income from the other or expand your investment portfolio with a move-in-ready asset, this property offers versatility, modern comfort, and outstanding long-term potential.

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
82% 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
-$1,370/mopoor
Estimated -$1,370/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
2.26%fair
Net operating income divided by purchase price.
Basement Suite Potential
Not viablepoor
This property type typically can't add a basement suite.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X13096920
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.