426 Phipps Street, Fort Erie, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 332 - Central. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $599,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 82 x 165 ft lot
- Features a partial basement, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: None
- equipped with window unit(s) central cooling and highly efficient radiant heating via gas
Description
This house is located in quiet neighborhood, less than a mile away from Niagara River for scenic trails and recreational potentials. along with easy access to QEW. It is in move-in condition and also offers high investment potential! Takes less than 30 min. to Buffalo Niagara international airport, and US border is only minutes away. The property is double width and zoned R3, preliminary consultation with the town indicates possibility of severance of a 40 ft. wide lot, it is buyer's responsibility to confirm should it be the buy's intention to sever this property into two individual lots. A great alternative to buying vacant land as the the Town of Fort Erie may waive re-development fees, buyer needs to confirm with the town Planning Dept. Due diligence on the buyer's part to verify all information provided is strictly advised!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 426 Phipps Street, Fort Erie, ON L2A 2V9
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Fort Erie, ON
For a property listed at $599,900 in Fort Erie, the legal minimum down payment is $34,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,473 for this transaction. As this listing is in Fort Erie (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.