Frontside or backside of a home, cottage for 66 Lillian Pl, Fort Erie Ontario L2A 5M2
82 days on Market

66 Lillian Pl, Fort Erie, Ontario L2A 5M2

Townhouse
6
3
~1100-1500 sqft
$515,000
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Townhouse
6
3
~1100-1500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$406/sqft

Est. Mortgage$2,212/mo

Tax Amount (2024)$2,076/yr

Days On Market82 days


Description

Investor Alert! This legal triplex is a fantastic value-add opportunity, ideally located just steps from the waterfront on Lakeshore Blvd with stunning views of Lake Erie. Featuring three units, a 1-bedroom and a 2-bedroom, both tenanted on month-to-month leases, plus a vacant 3-bedroomthis property is primed for cash flow with room to increase rents. Tenants pay their own hydro (heating is electric), keeping expenses low, and additional income comes from coin-operated laundry. The property also includes parking for three vehicles and a newly owned water heaters. While the building could use some updates, the potential for increased value is undeniable. With fresh drywall and paint in the back unit already completed, the groundwork is set for a high-return BRRRR or flip opportunity. Located in a quiet, stable neighborhood with easy access to the Friendship Trail, Peace Bridge, Buffalo, and all that Fort Erie has to offer, this is an ideal project for investors, flippers, or contractors looking to capitalize on a growing market. Don't miss out! Schedule your showing today!


Property Details

Style2-Storey
View-
Age of property51-99
SqFt~1100-1500 SqFt
Lot Size3,560 SqFt(89 x 40)
Parking Spaces4
MLS ®NumberX11822969
Community NameFort Erie Lakeshore
Data SourceTRREB
Listing byREVEL Realty Inc., Brokerage

Features

Heating: Baseboard
Cooling: Wall Unit
Basement: Half, Unfinished

Features

Lot size: 3,560 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Dec 2, 2024
ListedActive
$515,000
82 days on market
history photo preview5
Listing by trreb®
Property listed by REVEL Realty Inc., Brokerage, Brokerage
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Population and Demographics

Overview

Total population 4329
Average household income $105,754

Age (%)

65 and plus
29%
50 to 64
24%
0 to 19
18%
35 to 49
15%
20 to 34
14%

Household composition (%)

Single family
66%
Single person
30%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
90%
Others
4%
Italian
2%
French
2%
Spanish
1%

House tenancy (%)

Owners
74%
Renters
26%

Schools and amenities

Estimated Budget