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 $550,000 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 DETACHED BUNGALOWS ON ONE LOT! Just steps to Crystal Beach & a short stroll to shopping, and restaurants, this unique property is sure to impress. For those looking to host one as an airbnb or have the best place to enjoy their summer months with friends and family, this trio ticks all the boxes. Winterized & made for year round living! Over the last 13 years the home has had a major revamp including foam insulated walls, ceilings & crawl spaces; windows; roofs (2018); vinyl siding; private deck; new kitchens & baths; flooring; paint; stamped concrete walkway; wiring; plumbing and more. Ductless heat & AC units (installed in 2022) as well as electric baseboards. Bright and fresh 1 bedrooms, with 4 piece bathrooms, open concept kitchen/living & vaulted ceilings. If you've watched the growth of the Tiny House movement over the years and you're ready to simplify & downsize your life, or looking to expand the rental portfolio, Vacant and ready for your future plans. This property is serviced by 3 hydro meters, 1 water/sewer bill.
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Beach, Lake/Pond
In-Law Suite, Accessory Apartment
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 387 Elmwood Avenue, Fort Erie, ON L0S 1B0
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 $550,000 in Fort Erie, the legal minimum down payment is $30,000 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 $7,475 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 $7,475.
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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.