3676 Black Creek Road, Fort Erie

$549,000
3676 Black Creek Road

$549,000

New
15d
DetachedBungalow-Raised

3676 Black Creek Road, Fort Erie

Total Monthly Obligation $2,931

Beds
3
Baths
2
Park
2
Sqft
700-1100
DOM
15d
Score
19
Yield
5.1%
Cash on Cash
-3.2%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.6%
Property Type-Detached
MLS® Number-X13876854
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-53.67 × 125.65 ft
Listed on site-Oct 8, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$4,092 (2025)
Parking-3 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-OLYMPIA REALTY INCORPORATED
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-327 - Black Creek
Title-Residential Freehold

No agent assigned

Charming Raised Bungalow in Fort Eries Sought-After Village Creek! Welcome to Village Creek, where comfort meets convenience in this well-maintained raised bungalow located on a quiet, low-traffic street. Featuring 2+1 bedrooms and 2 bathrooms, this home offers the perfect layout for families, downsizers, or first-time buyers alike. Step inside to discover new vinyl flooring flowing throughout both the main and lower level, adding a fresh, modern touch. The main floor boasts an inviting, open layout with a spacious living area, a bright dining space with sliding door walkout to a covered back deck, and a functional kitchen complete with classic shaker-style cabinets and drawers. Enjoy great curb appeal with elegant architectural pillars and a double-wide asphalt driveway leading to a single attached garage with inside entry. Downstairs, you'll find high ceilings, large windows that invite natural light, a generous family room, a third bedroom, a 2-piece guest bath, and a dedicated laundry area. The fully fenced backyard offers privacy and a safe space for kids or pets to play. Major updates include a new furnace, A/C, and owned hot water tank (2024), as well as a 100-amp breaker panel. Roof replaced in 2010. Don't miss your chance to own this move-in-ready gem in a quiet, family-friendly neighborhood close to parks, schools, and everyday amenities

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

Closing Costs

Mortgage Amount
$439,200
Land Transfer Taxes$7,455
Legal Fees (Est.)
$
Total cash required for closing$118,755

Total Monthly Obligation

$2,931/mo
Mortgage $2,215
Monthly Loss $2,348
Principal$583
Interest$1,632
Property Tax$341
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.6%1
5-Year IRR
8.9%28
10-Year IRR
9.8%
Returns Index
15.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$27,756/yr
NOI
$16,388/yr
Net Cash Flow
-$849/mo
Cash Margin
-36.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.627
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo56
Risk Index
27.1/ 100

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

Comparables

Properties near 3676 Black Creek Road

Time

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