310 Eastwood Avenue, Fort Erie, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 337 - Crystal Beach. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $495,000 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 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 40 x 90 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient carport configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to your fully furnished, turnkey opportunity in the heart of Crystal Beach! This charming 3-bedroom, 1-bath home is ready to continue operating as a licensed short-term rental investment. Being sold fully furnished, including nearly all contents, this property offers a seamless transition for investors, cottage buyers, or those seeking income potential. Thoughtfully updated, recent improvements include fresh paint throughout, new pot lights and TV mount in the living room, updated lighting fixtures, a newly created third bedroom, all new bedding, new bunk beds with mattresses, and refreshed living room furniture. Outside, enjoy the newer deck and fencing completed in 2023, creating a perfect space for relaxing and entertaining. Additional updates include spray foam insulation in the crawl space/foundation, furnace and central air, and an on-demand hot water system installed in 2022. Currently operating as a successful short-term rental, this property offers excellent income potential. Buyer must assume property management with Perfect Stays Niagara Inc. and continue operation as a licensed short-term rental, with licence application required prior to closing. All confirmed bookings through the end of October are to be honoured, with the opportunity for continued bookings and future revenue growth. Financials reflecting prior 2-bedroom operation are available, along with a projected 2026 rental revenue forecast. A fantastic opportunity to own an updated beach-area property with established rental income potential in one of Niagara's most sought-after communities!
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Pricing & Value Insights
Data-driven valuation for 310 Eastwood Avenue, Fort Erie, ON L0S 1B0
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About Purchasing a Home in Fort Erie, ON
For a property listed at $495,000 in Fort Erie, the legal minimum down payment is $24,750 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 $6,375 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 $6,375.
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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.