3852 Mathewson Avenue, Fort Erie

$399,900
3852 Mathewson Avenue

$399,900

New
29d
DetachedBungalow

3852 Mathewson Avenue, Fort Erie

Total Monthly Obligation $2,202

HausQ Valuation Report
Beds
2
Baths
1
Park
1
Sqft
700-1100
DOM
29d
Score
23
Yield
6.0%
Cash on Cash
1.0%
Cap Rate
4.8%
5Y IRR
16.4%
10Y IRR
15.3%
Property Type-Detached
MLS® Number-X13824398
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-30 × 90 ft
Listed on site-Sep 24, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$2,564 (2025)
Parking-1 - None
Basement-None
Heating-Heat Pump (Gas)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-Other
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Piers, Block
Sewer-Sewer
Possession-FLEXIBLE
Neighbourhood-337 - Crystal Beach
Title-Residential Freehold

No agent assigned

Extremely well cared for and low maintenance bungalow in Crystal Beach! All the nuts and bolts boxes are checked off here. Roof, windows, kitchen, bathroom, heating, a/c all updated and in great shape! Vinyl siding, crawl space recently insulated for maximum efficiency. 3 heating systems to choose from! 3 ductless mini splits provide heating and cooling, gas fireplace in the LR, and electric baseboards as backups! Nice and clean with no carpetting. Large kitchen with modern cabinetry. Laundry off the kitchen with more cabinets and storage! Nice compact back yard is fenced in! Not a thing to do. Flexible closing date!

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

Closing Costs

Mortgage Amount
$319,920
Land Transfer Taxes$4,474
Legal Fees (Est.)
$
Total cash required for closing$85,954

Total Monthly Obligation

$2,202/mo
Mortgage $1,613
Monthly Loss $1,777
Principal$424
Interest$1,189
Property Tax$214
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.6%2
5-Year IRR
11.3%45
10-Year IRR
11.7%
Returns Index
23.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$24,000/yr
NOI
$14,536/yr
Net Cash Flow
-$402/mo
Cash Margin
-20.1%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7512
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo75
Risk Index
34.9/ 100

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

Comparables

Properties near 3852 Mathewson Avenue

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.

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Data last updated within the past 24 hours.