299 Cherry Hill Boulevard S, Fort Erie

$999,900
299 Cherry Hill Boulevard S

$999,900

Price Change
29d
DetachedBungalow

299 Cherry Hill Boulevard S, Fort Erie

Total Monthly Obligation $4,786

Beds
3
Baths
2
Park
5
Sqft
1500-2000
DOM
29d
Score
15
Yield
3.2%
Cash on Cash
-9.5%
Cap Rate
2.5%
5Y IRR
8.1%
10Y IRR
8.8%
Property Type-Detached
MLS® Number-X13825582
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-140 × 185 ft
Listed on site-Sep 24, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,528 (2025)
Parking-7 - Detached
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-BOSLEY REAL ESTATE LTD.,
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-West
Exterior-Cedar
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-337 - Crystal Beach
Title-Residential Freehold

No agent assigned

Welcome to one of Crystal Beach's most cherished and recognizable Sider Brothers luxury built homes.Tucked away on a quiet circle in the desirable Bay Beach location and directly across from a beautiful park, this sprawling ranch bungalow offers a truly exceptional Crystal Beach, year round lifestyle. Situated on four plus lots, this property provides an extraordinary sense of space, privacy and tranquility. Just steps from the sandy shores of Crystal Beach, and within walking distance to local shops and restaurants.The home's impressive curb appeal is immediately apparent, with a beautifully landscaped property, mature trees, a circular driveway and a spectacular 68' deck - the perfect place to relax with your morning coffee or enjoy warm summer evenings with family and friends.Inside, this bright and spacious home offers three main-floor bedrooms, 2 full baths, including a private ensuite in the primary bedroom. A spacious dining room provides plenty of room for entertaining, while the inviting living room offers a gas fireplace and expansive patio doors with views of a beautifully treed yard, filled with natural beauty and wildlife. One of the property's most exceptional features is the brand-new, 950 square foot garage, designed specifically with the automotive enthusiast in mind. This impressive garage is fully equipped with electricity, heating and a generous workout area. Step outside and enjoy the private hot tub, outdoor shower and flagstone firepit. A large additional Amish built bunkie featuring a 3 piece bath, and sleeping area provides additional space for guests, hobbies or she-shed. With its rare four plus -lot setting, spectacular new garage, beautiful porch, mature landscaping and enviable location, Paradise Point is much more than a home - it is a beloved Crystal Beach landmark and a truly special place to call home

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$799,920
Land Transfer Taxes$16,473
Legal Fees (Est.)
$
Total cash required for closing$217,953

Total Monthly Obligation

$4,786/mo
Mortgage $4,033
Monthly Loss $3,724
Principal$1,061
Interest$2,972
Property Tax$377
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.1%0
5-Year IRR
5.3%12
10-Year IRR
6.9%
Returns Index
7.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$32,400/yr
NOI
$20,132/yr
Net Cash Flow
-$2,356/mo
Cash Margin
-87.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.423
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo32
Risk Index
17.7/ 100

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

Comparables

Properties near 299 Cherry Hill Boulevard S

Time

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