936 Colette Road, Fort Erie

$524,900
936 Colette Road

$524,900

Price Change
24d
DetachedBungalow

936 Colette Road, Fort Erie

Total Monthly Obligation $2,792

Beds
3
Baths
2
Park
2
Sqft
700-1100
DOM
24d
Score
25
Yield
6.5%
Cash on Cash
3.6%
Cap Rate
5.3%
5Y IRR
18.4%
10Y IRR
16.9%
Property Type-Detached
MLS® Number-X13840044
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-60 × 120.01 ft
Listed on site-Sep 29, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,601 (2025)
Parking-3 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX NIAGARA REALTY LTD, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Other
Neighbourhood-333 - Lakeshore
Title-Residential Freehold

No agent assigned

Contemporary 3-bedroom bungalow with 2 bathrooms and an attached garage. The main level features 2 bedrooms, crisp, clean quartz counters that give the kitchen a modern feel, and a dining area with sliding patio doors leading to the rear deck. The finished lower level extends the living space with a rec room, third bedroom, office/bonus room, and second bathroom. Beautiful home with flexible spaces, and a functional layout across both levels.

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

Closing Costs

Mortgage Amount
$419,920
Land Transfer Taxes$6,973
Legal Fees (Est.)
$
Total cash required for closing$113,453

Total Monthly Obligation

$2,792/mo
Mortgage $2,117
Monthly Loss $2,235
Principal$557
Interest$1,560
Property Tax$300
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.3%30
Cash-on-Cash
-2.4%4
5-Year IRR
13.8%63
10-Year IRR
13.6%
Returns Index
33.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$34,200/yr
NOI
$22,679/yr
Net Cash Flow
-$227/mo
Cash Margin
-8.0%1
Cash Flow Index
1.0/ 100
Risk Profile
Weight: 20%
DSCR
0.8919
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo58
Risk Index
31.9/ 100

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

Comparables

Properties near 936 Colette Road

Time

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