3705 Willson Street Fort Erie, Ontario L0S 1N0
$849,900
Exceptional investment opportunity in the heart of Ridgeway! Welcome to 3705 Willson Street - a well-maintained legal non-conforming fourplex situated on a large corner lot with ample parking and tremendous long-term upside.This turnkey income property features four self-contained units comprised of two 2-bedroom units and two 1-bedroom units, all currently tenanted on month-to-month leases. The 2-bedroom units generate $1,650/month each, while the 1-bedroom units generate $1,300/month each, offering strong and consistent rental income. With a projected cap rate of approximately 6.8%, this property presents an attractive opportunity for investors seeking solid returns.Pride of ownership is evident throughout. The building has been extremely well maintained, with updated major components including a metal roof, newer siding, and a newer furnace. All units are in excellent condition and have been carefully cared for, making this an ideal opportunity for both seasoned and first-time investors.Located in desirable Ridgeway, just minutes from Crystal Beach, shopping, restaurants, and local amenities, this property offers strong tenant appeal in a growing rental market.With a strong income stream, excellent condition, and plenty of future potential, this is a rare opportunity to add a solid multi-residential asset to your portfolio. (id:41589)
Property Details
| MLS® Number | X13482640 |
| Property Type | Multi-family |
| Community Name | 335 - Ridgeway |
| Amenities Near By | Beach, Schools, Park |
| Features | Level Lot, Flat Site |
| Parking Space Total | 6 |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Age | 100+ Years |
| Amenities | Separate Electricity Meters |
| Appliances | Water Meter |
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Cooling Type | None |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2,000 - 2,500 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Beach, Schools, Park |
| Sewer | Sanitary Sewer |
| Size Depth | 74 Ft ,7 In |
| Size Frontage | 123 Ft ,1 In |
| Size Irregular | 123.1 X 74.6 Ft |
| Size Total Text | 123.1 X 74.6 Ft |
| Zoning Description | Trm |
https://www.realtor.ca/real-estate/29946002/3705-willson-street-fort-erie-ridgeway-335-ridgeway
Marta Andre
Broker
www.facebook.com/buywithmarta/
www.instagram.com/martaandre/
261 Martindale Rd., Unit 14c
St. Catharines, Ontario L2W 1A2
(905) 687-9600
(905) 687-9494
www.remaxniagara.ca/
Darrel Lane
Salesperson
261 Martindale Rd., Unit 14c
St. Catharines, Ontario L2W 1A2
(905) 687-9600
(905) 687-9494
www.remaxniagara.ca/
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June 24 2026 01:56:17
Niagara Association of REALTORS®
RE/MAX Niagara Realty Ltd, Brokerage