3993 Wellington Court Fort Erie, Ontario L0S 1B0
$599,900
Excellent 4 plex features 4 2 bedroom apartments and incredible future income and expansion potential! Solid building with many updates. 4 separate hydro meters. 4 separate gas meters. Nice, neat and clean. Updated windows, and roof. Located on .32 of an acre, this lot offers lots of room for expansion and the creation of additional units. (Buyer to verify with the Town of Fort Erie). Very reasonable expenses. Average water bill is $156.00 and insurance is $242.00 per month. 4 long term tenants. Current rents are substantially under market value. A new owner can renovate each unit as they become available, and increase the rents to market level. Wonderful opportunity for a patient and experienced real estate investor. (id:41589)
Property Details
| MLS® Number | X13681028 |
| Property Type | Multi-family |
| Community Name | 337 - Crystal Beach |
| Equipment Type | None |
| Features | Level Lot, Flat Site |
| Parking Space Total | 8 |
| Rental Equipment Type | None |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 8 |
| Bedrooms Total | 8 |
| Amenities | Separate Electricity Meters |
| Appliances | Water Heater, Water Meter |
| Basement Type | Partial |
| Cooling Type | None |
| Exterior Finish | Aluminum Siding, Vinyl Siding |
| Fire Protection | Smoke Detectors, Alarm System |
| Foundation Type | Block, Poured Concrete |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 2,000 - 2,500 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 123 Ft |
| Size Frontage | 64 Ft |
| Size Irregular | 64 X 123 Ft |
| Size Total Text | 64 X 123 Ft |
| Zoning Description | R2 |
Utilities
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
Phillip Smith
Salesperson
318 Ridge Road N
Ridgeway, Ontario L0S 1N0
(905) 894-4014
www.nrcrealty.ca/
Sarah Randall
Salesperson
318 Ridge Road N
Ridgeway, Ontario L0S 1N0
(905) 894-4014
www.nrcrealty.ca/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
August 16 2026 08:23:05
Niagara Association of REALTORS®
Royal LePage NRC Realty