35 Forsythe Street, Fort Erie

$299,900
35 Forsythe Street

$299,900

New
22d
Detached1 1/2 Storey

35 Forsythe Street, Fort Erie

Total Monthly Obligation $1,760

HausQ Valuation Report
Beds
3
Baths
1
Park
2
Sqft
1100-1500
DOM
22d
Score
50
Yield
9.2%
Cash on Cash
14.6%
Cap Rate
7.7%
5Y IRR
27.5%
10Y IRR
24.7%
Property Type-Detached
MLS® Number-X13848274
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-51.48 × 184 ft
Listed on site-Oct 1, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$2,109 (2025)
Parking-4 - Detached
Basement-Half, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX NIAGARA REALTY LTD, BROKERAGE
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Other, Wood
Roof-Asphalt Shingle
Foundation-Piers, Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-332 - Central
Title-Residential Freehold

No agent assigned

Great opportunity for first-time buyers or those looking to invest in a home with potential. This charming 3-bedroom property is ideally located just a few blocks from the Niagara River, the Friendship Trail, and the scenic Niagara Parkway; making it perfect for outdoor enthusiasts and nature lovers alike. The home features a convenient layout with a main floor bedroom and two additional bedrooms upstairs, offering flexibility for families, guests, or a home office setup. The main floor laundry adds to the practicality of the space, while the partial basement houses a newer furnace and hot water tank, ensuring peace of mind when it comes to essential utilities. Set on a generous, fully fenced lot, the backyard offers excellent privacy and ample room for entertaining, gardening, or pets to roam freely. A large detached garage provides plenty of space for parking, hobbies, or additional storage. While the home does require some TLC, it presents an excellent chance to build equity and customize to your taste.

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

Closing Costs

Mortgage Amount
$239,920
Land Transfer Taxes$2,974
Legal Fees (Est.)
$
Total cash required for closing$64,454

Total Monthly Obligation

$1,760/mo
Mortgage $1,210
Monthly Loss $1,442
Principal$318
Interest$891
Property Tax$176
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
6.1%51
Cash-on-Cash
5.8%26
5-Year IRR
20.5%93
10-Year IRR
19.2%
Returns Index
57.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeC
50/ 100
Poor•Caution

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

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$27,600/yr
NOI
$18,231/yr
Net Cash Flow
$310/mo
Cash Margin
13.5%42
Cash Flow Index
42.4/ 100
Risk Profile
Weight: 20%
DSCR
1.2651
LTV Ratio
80.0%18
Vacancy Buffer
5.3 mo87
Risk Index
51.8/ 100

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

Comparables

Properties near 35 Forsythe Street

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.