880 Edgemere Road, Fort Erie

$1,235,000
880 Edgemere Road

$1,235,000

New
14d
DetachedBungalow

880 Edgemere Road, Fort Erie

Total Monthly Obligation $5,884

Beds
3
Baths
2
Park
10
Sqft
1500-2000
DOM
14d
Score
15
Yield
2.9%
Cash on Cash
-11.1%
Cap Rate
2.2%
5Y IRR
6.9%
10Y IRR
7.9%
Property Type-Detached
MLS® Number-X13883256
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-132.42 × 805 ft
Listed on site-Oct 9, 2026
Style-Bungalow
Building Type-Detached
Taxes-$6,328.46 (2026)
Parking-15 - Attached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-SOTHEBY'S INTERNATIONAL REALTY CANADA
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete, Block
Sewer-Sewer
Possession-60-89 days
Neighbourhood-334 - Crescent Park
Title-Residential Freehold

No agent assigned

This Exquisitely Refinished Home Is Ideal For Weekend Retreats Or Year-Round Living. Renovated From The Basement To The Roof, It Boasts Stunning Views, A Spacious Lot, Ample Room For Family And Friends, And The Reliability Of A Well-Constructed Home. The Property Includes A Second Garage (26' x 38' With 100 Amp Service) And Offers Excellent Potential For Lot Severance Or The Addition Of A Second Ancillary Home. Located On A Quiet One-Way Street, It Is Conveniently Close To All Necessary Amenities.With Abundant Storage Throughout, The House Has Been Expertly Rebuilt And Lovingly Restored. Adjacent To The Friendship Trail, This Contemporary Residence At The Edge Of Lake Erie Offers Water Views And Easy Access To Beaches. Nestled In A Deep Courtyard, It Provides Privacy And Comfort, Along With The Luxury Of Proximity To Water And Nature. This Quiet Residential Neighborhood Is Perfect For Both Leisure And Growing Families, Making This An Extraordinary Homeownership Opportunity To Celebrate.The Home Has Been Lovingly Restored, Maintaining All The Style And Glamour Of Its Era. High Ceilings, Wide Solid Wood Baseboards And Trim, And Beautiful French Doors Leading To A Glass-Enclosed Three-Season Porch With Multiple Eight-Foot-Wide Windows All Contribute To Its Charm And Elegance.

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

Closing Costs

Mortgage Amount
$988,000
Land Transfer Taxes$21,175
Legal Fees (Est.)
$
Total cash required for closing$269,675

Total Monthly Obligation

$5,884/mo
Mortgage $4,982
Monthly Loss $4,573
Principal$1,311
Interest$3,671
Property Tax$527
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.7%11
Cash-on-Cash
-14.4%0
5-Year IRR
4.3%9
10-Year IRR
6.2%
Returns Index
5.8/ 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
$36,000/yr
NOI
$21,572/yr
Net Cash Flow
-$3,184/mo
Cash Margin
-106.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.363
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo25
Risk Index
15.5/ 100

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

Comparables

Properties near 880 Edgemere Road

Time

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