338 Albany Street, Fort Erie

$1,099,000
338 Albany Street

$1,099,000

New
18d
DetachedBungalow-Raised

338 Albany Street, Fort Erie

Total Monthly Obligation $5,217

Beds
3
Baths
2
Park
4
Sqft
1500-2000
DOM
18d
Yield
2.0%
Cash on Cash
-15.1%
Cap Rate
1.3%
5Y IRR
3.9%
10Y IRR
5.6%
Property Type-Detached
MLS® Number-X13864030
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-115 × 400 ft
Listed on site-Oct 5, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$4,908.9 (2026)
Parking-7 - Attached
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT GOLFI REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-Inground
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-333 - Lakeshore
Title-Residential Freehold

No agent assigned

ATTENTION DEVELOPERS! 2+ Acre Property with Development Potential! Exceptional all-brick raised bungalow at 338 Albany Street featuring 3 bedrooms, 2 bathrooms and over 3,000 sq ft of finished living space. Walkouts from both upper and lower levels provide excellent flexibility for family or multi-generational living, with potential for an in-law suite. Attached double garage plus additional rear single garage provides exceptional parking and storage. The property includes adjoining land with storm and sanitary sewer infrastructure already in place, plus road allowances, offering potential for additional townhouse development, subject to approvals. Prime central Fort Erie location minutes to parks, shopping, Lake Erie and the Friendship Trail. A rare opportunity for developers, investors or families seeking substantial land with future upside.

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Closing Costs

Mortgage Amount
$879,200
Land Transfer Taxes$18,455
Legal Fees (Est.)
$
Total cash required for closing$239,755

Total Monthly Obligation

$5,217/mo
Mortgage $4,433
Monthly Loss $4,051
Principal$1,167
Interest$3,267
Property Tax$409
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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

Comparables

Properties near 338 Albany Street

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