3033 Townline Road 238, Fort Erie

$270,000
3033 Townline Road 238

$270,000

Price Change
33d
DetachedBungalow

3033 Townline Road 238, Fort Erie

Total Monthly Obligation $1,704

HausQ Valuation Report
Beds
2
Baths
2
Park
2
Sqft
1100-1500
DOM
33d
Score
56
Yield
10.2%
Cash on Cash
17.2%
Cap Rate
8.3%
5Y IRR
29.6%
10Y IRR
26.6%
Property Type-Detached
MLS® Number-X13806922
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Lot Size-0.5 ft (front)
Listed on site-Sep 20, 2026
Style-Bungalow
Building Type-Detached
Age-31-50
Taxes-$2,879.28 (2026)
Parking-3 - Detached
Basement-None
Heating-Baseboard (Electric)
Brokerage-COLDWELL BANKER MOMENTUM REALTY, BROKERAGE
Cooling-Central Air, Other
Laundry-No
Fireplace-Yes
Pool-Community
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Not Applicable
Sewer-Sewer
Possession-30
Neighbourhood-327 - Black Creek
Title-Residential Freehold

No agent assigned

Large Unit with 1 CAR GARAGE(a Rarity !) and 2 year old wheel chair lift, along with a circular concrete pad on an incredibly large Lot in the Retirement Community of Black Creek in Stevensville. 2 bedroom, 2 bathroom home . Bright sunroom leads to Office and the open plan Livingroom, dining room and kitchen. This home is bright and sunny due to all the natural light streaming in through the many windows. The sink is situated in the corner of the kitchen with window view. The kitchen offers a stand up freezer and a portable island. As well as a 3 piece main floor bathroom the Primary bedroom offers a 3piece ensuite with shower. The washer and dryer are in the laundry room along with a large linen closet. This Enjoy pools, clubhouse, fitness classes, pickleball, tennis, sauna & more. Explore your retirement Today!

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

Closing Costs

Mortgage Amount
$216,000
Land Transfer Taxes$2,525
Legal Fees (Est.)
$
Total cash required for closing$58,025

Total Monthly Obligation

$1,704/mo
Mortgage $1,089
Monthly Loss $1,417
Principal$287
Interest$803
Property Tax$240
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
6.5%56
Cash-on-Cash
7.5%35
5-Year IRR
22.0%95
10-Year IRR
20.5%
Returns Index
63.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeB
56/ 100
Fair•Hold / Negotiate

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

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$27,552/yr
NOI
$17,418/yr
Net Cash Flow
$362/mo
Cash Margin
15.8%54
Cash Flow Index
53.9/ 100
Risk Profile
Weight: 20%
DSCR
1.3358
LTV Ratio
80.0%18
Vacancy Buffer
5.5 mo88
Risk Index
54.8/ 100

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

Comparables

Properties near 3033 Townline Road 238

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.