3052 Maple Avenue, Fort Erie

$499,900
3052 Maple Avenue

$499,900

New
10d
DetachedBungalow

3052 Maple Avenue, Fort Erie

Total Monthly Obligation $2,554

HausQ Valuation Report
Beds
4
Baths
1
Park
3
Sqft
1500-2000
DOM
10d
Score
28
Yield
6.7%
Cash on Cash
5.9%
Cap Rate
5.8%
5Y IRR
20.3%
10Y IRR
18.5%
Property Type-Detached
MLS® Number-X14081692
Beds-4
Bathrooms-1
Size-1500-2000 sqft
Lot Size-240 × 120 ft
Listed on site-Oct 13, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$1,946 (2025)
Parking-3 - None
Basement-None
Heating-Baseboard (Electric)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-None
Laundry-No
Fireplace-Wood, Living Room
Pool-None
Facing-East
Exterior-Wood , Brick Veneer
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Septic
Possession-IMMEDIATE
Neighbourhood-335 - Ridgeway
Title-Residential Freehold

No agent assigned

Classic summer cottage with an investment twist! Not 1, but 2 summer cottages located on one large 120x240 lot. First time on the market in over 100 years!!! 3052 Maple was built in the 1950's. Solid structure with a tremendous layout. 4 bedrooms and bath, large living room and kitchen separated by a stone chimney, and screened in sun room. 200 amp service. This property is ready for your renovation! Property also includes a 935 sf classic log cabin cottage built in 1926. Limitless character with a wonderful stone fireplace. Solid, but in need of renovation. Newer roof. 100 amp service. Each house has it's own septic system. Seller states both are operational but will need updating/replacing depending on Buyer's plans. Must be sold as a package. Seller to satisfy themselves with the Town of Fort Erie, and Region of Niagara with regards to severability and future requirements. This property could make an amazing home, family compound or rental opportunity. Quick closing available. Property is being sold "as is, where is"

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

Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$2,554/mo
Mortgage $2,016
Monthly Loss $2,023
Principal$531
Interest$1,486
Property Tax$162
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.8%35
Cash-on-Cash
-0.3%7
5-Year IRR
15.4%74
10-Year IRR
14.9%
Returns Index
39.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
28/ 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
$33,672/yr
NOI
$23,859/yr
Net Cash Flow
-$28/mo
Cash Margin
-1.0%4
Cash Flow Index
3.9/ 100
Risk Profile
Weight: 20%
DSCR
0.9926
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo64
Risk Index
36.0/ 100

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

Comparables

Properties near 3052 Maple Avenue

Time

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