31 Ellen Street, Fort Erie, ON

$390,000
MLS#:X9361722
3 beds
2 baths
1100-1500 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 332 - Central. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $390,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 30.08 x 132.28 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome home! Perfect starter featuring 3 bedrooms, 1.5 baths detached garage large 30x 132 ft deep lot. Main level offers 2 bedrooms, 4 pc bath, living room, eat in kitchen, 2nd level has large primary bedroom with walk-in closet and 2 pc ensuite bath. exterior waterproofing done on the driveway side and 40% of the back wall . Some original hardwood flooring.

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Property Summary

This detached home located at 31 Ellen Street, Fort Erie is currently for sale and has been available on SousaSells for 664 days. This property is listed at $390,000 with an estimated mortgage of $1,298* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 31 Ellen Street, Fort Erie is in the 332 - Central neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 11, 2024
Sold price information is available to members only
Listed Date9/20/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionAluminum Siding
BasementFull, Unfinished
Lot Size30.08 × 132.28 Feet
CountyNiagara
Annual Tax$2,160.92
Legal DescriptionLOT 74, PLAN 59M388 SUBJECT TO AN EASEMENT FOR ENTRY AS IN SN398784 CITY OF NIAGARA FALLS

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

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Location

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31 Ellen Street, Fort Erie, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 31 Ellen Street, Fort Erie, ON L2A 4C7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Fort Erie.

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Interest Rate4.00%
Down Payment$117,000 (30.0%)
* Minimum Canadian down payment required for this price is $19,500.
Amortization Period30 Years
Estimated Monthly Payment$1,298Based on a loan of $273,000 over 30 years.
Purchase Price$390,000
Loan Amount$273,000
Provincial Land Transfer Tax:$4,325
Total Estimated Closing Taxes:$4,325

About Purchasing a Home in Fort Erie, ON

For a property listed at $390,000 in Fort Erie, the legal minimum down payment is $19,500 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 $4,325 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 $4,325.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 332 - Central, Fort Erie.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$564,846

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Our Lady of Victory
Public300 Central Avenue, Fort Erie, Ontario, L2A 3T3
5.0
Garrison Road
Public1110 Garrison Road, Fort Erie, Ontario, L2A 1N9
7.8
St Philomena
Public1332 Phillips Street, Fort Erie, Ontario, L2A 3C2
7.3

Secondary Schools

Greater Fort Erie
Public1640 Garrison Road, Fort Erie, Ontario, L2A 5M4
5.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.