197 Murray Street, Fort Erie, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of 332 - Central. Expertly crafted featuring premium aluminum siding and vinyl siding construction, this residence presents an exceptional opportunity offered at $499,900 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 with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 66 x 148 ft lot
- Features a full, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: In-Law Capability, Solar Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Solid, recently renovated 1.5-storey home offering revenue generating solar panels between $5,500 and $6,500. 4 bedrooms and a generous corner lot in a desirable neighbourhood. This property is ideal for those needing ample parking space (2 separate driveways) a deep lot and a garage. Thoughtfully designed this turnkey family home features updated kitchen, bathroom, flooring, new windows, doors, painted inside and out. The lower level is set for further finishing and offer a walkup which is ideal for in-law setup. Owned solar panels is an added bonus generating income to cover your monthly overhead. The main floor includes an eat-in kitchen, living room, two bedrooms, and a 3-piece bathroom along with a cozy den with a fireplace overlooking at the back yard. Additional features include central air, a detached garage with 2 driveways for parking, and owned solar panels to support energy efficiency and reduce operating costs. Conveniently located close to schools, parks, shopping, and local amenities, with quick access to the QEW and the Peace Bridge for an easy commute to Buffalo.
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In-Law Capability, Solar Owned
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 197 Murray Street, Fort Erie, ON L2A 2B7
Based on 0 recent similar sales in the pocket.
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 $499,900 in Fort Erie, the legal minimum down payment is $24,995 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 $6,473 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 $6,473.
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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.