Welcome to this remarkable 2 1/2 Storey duplex located in the coveted neighborhood of 332 - Central. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $450,000 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.
Welcome to 245 Gilmore Road, a spacious and well-maintained 2.5-storey duplex offering flexibility, function, and long-term value. Perfect for investors, multi-generational families, or those looking to live in one unit while generating rental income from the other. The main floor unit is currently owner-occupied and features a generous living area, two comfortable bedrooms, and the convenience of in-unit laundry. Bright and inviting, this space offers a practical layout suited for a variety of lifestyles. The upper unit spans two levels and includes three bedrooms, making it ideal for families or shared accommodations. It also features its own laundry, a private entrance, and a second access point via a staircase leading to a large deck/balcony perfect for enjoying the outdoors. From there, stairs descend to the backyard, offering easy access to the beautifully maintained lot. Both units are currently occupied by family the owner lives on the main floor, while the upper unit is home to the owner's daughter. However, both units will be vacant on closing, giving the new owner the rare opportunity to set their own rental rates or move in without delay. Situated on a large, fully fenced property, this home provides plenty of outdoor space for children, pets, gardening, or future landscaping projects. Each unit has its own private entrance, ensuring privacy and convenience for all occupants. The location is a true highlight just minutes from shopping, parks, schools, and the public library. Whether commuting, running errands, or enjoying local amenities, everything you need is close by.
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This duplex located at 245 Gilmore Road, Fort Erie is currently for sale and has been available on SousaSells for 447 days. This property is listed at $450,000 with an estimated mortgage of $1,498* per month. It has 5 beds, 2 bathrooms, and is 1500-2000 square feet. 245 Gilmore Road, Fort Erie is in the 332 - Central neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Water Heater
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 245 Gilmore Road, Fort Erie, ON L2A 2M4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Fort Erie.
About Purchasing a Home in Fort Erie, ON
For a property listed at $450,000 in Fort Erie, the legal minimum down payment is $22,500 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 $5,475 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 $5,475.
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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.