3544 Canfield Crescent, Fort Erie

$745,000
3544 Canfield Crescent

$745,000

New
35d
DetachedBungalow

3544 Canfield Crescent, Fort Erie

Total Monthly Obligation $3,884

Beds
2
Baths
2
Park
2
Sqft
1100-1500
DOM
35d
Score
16
Yield
3.9%
Cash on Cash
-8.6%
Cap Rate
2.7%
5Y IRR
8.8%
10Y IRR
9.3%
Property Type-Detached
MLS® Number-X13803690
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Lot Size-50 × 109 ft
Listed on site-Sep 18, 2026
Style-Bungalow
Building Type-Detached
Taxes-$6,046.1 (2026)
Parking-4 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Stucco (Plaster), Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-327 - Black Creek
Title-Residential Freehold

No agent assigned

Welcome to your dream bungalow in the beautiful community of South Shores! Perfect for young families, downsizers, professionals, or nature lovers, this impressive 2-bedroom, 2-bathroomhome combines modern comfort, thoughtful design, and fantastic curb appeal. Step inside to a bright, sun-filled interior featuring a spacious open-concept living and dining area-ideal for relaxing at home or entertaining family and friends. The sleek white kitchen is both stylish and functional, complete with quartz countertops, a centre island, stainless steel appliances, and direct access to the back deck and private patio, creating the perfect setting for summer dinners, morning coffee, or quiet evenings outdoors. The spacious primary bedroom offers a peaceful retreat with a walk-in closet and private 4-piece ensuite. A generous second bedroom and additional 4-piece bathroom provide plenty of space for family, guests, or a home office. Enjoy the convenience of main-floor laundry, a double-car garage, and a separate side entrance. Downstairs, the full unfinished basement offers incredible potential and a blank canvas to make your own-create a recreation room, home theatre, gym, office, additional bedroom, or combination of them all! Set within the serene South Shores community in Black Creek, this move-in-ready bungalow offers the space, comfort, and lifestyle you've been looking for. Bright. Beautiful. Versatile. Welcome home!

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$596,000
Land Transfer Taxes$11,375
Legal Fees (Est.)
$
Total cash required for closing$161,875

Total Monthly Obligation

$3,884/mo
Mortgage $3,005
Monthly Loss $3,093
Principal$791
Interest$2,214
Property Tax$504
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.9%0
5-Year IRR
5.5%13
10-Year IRR
7.2%
Returns Index
7.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$28,800/yr
NOI
$15,374/yr
Net Cash Flow
-$1,724/mo
Cash Margin
-71.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
20.6/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 3544 Canfield Crescent

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.