3033 TOWNLINE Road 222, Fort Erie

$422,900
3033 TOWNLINE Road 222

$422,900

New
8d
DetachedBungalow

3033 TOWNLINE Road 222, Fort Erie

Total Monthly Obligation $2,326

Beds
3
Baths
2
Park
3
Sqft
1100-1500
DOM
8d
Score
28
Yield
7.1%
Cash on Cash
5.8%
Cap Rate
5.8%
5Y IRR
20.2%
10Y IRR
18.4%
Property Type-Detached
MLS® Number-X14083800
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Listed on site-Oct 15, 2026
Style-Bungalow
Building Type-Detached
Age-6-15
Taxes-$2,946.36 (2025)
Parking-3 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-Real Broker Ontario Ltd.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Slab
Sewer-Sewer
Possession-Flexible
Neighbourhood-327 - Black Creek
Title-Residential Freehold

No agent assigned

$72,000 in updates. Zero projects waiting for you. This Black Creek bungalow is genuinely move-in ready, starting with a bright 140 sq. ft. addition completed in 2025, where a vaulted ceiling and a wall of windows fill the space with natural light. The updates keep coming: a new roof, new whole-home siding, a new furnace blower, an added bedroom window for extra light, and a large covered front entry with vinyl railings. The 2021 renovation brought a kitchen with granite countertops, an undermount sink, a stylish backsplash, pull-out cabinet drawers, and stainless steel appliances, plus an updated bathroom with a walk-in shower, both private decks, and a new air conditioner. Just off the kitchen, the dining room sits beneath its own vaulted ceiling with dual skylights overhead, the kind of room made for long dinners with family and friends. Vaulted ceilings carry through the main living areas for an open, airy feel. Storage is handled: a primary bedroom walk-in closet, an extra-large shed, and a laundry room with a full wall of overhead cabinetry. Life at Black Creek means a 12,000 sq. ft. community centre, indoor and outdoor pools, tennis and pickleball courts, shuffleboard, and scenic walking trails. Golfers are well placed here, with Fort Erie Golf Club, Niagara National Golf & Country, and Rolling Meadows Golf & Country Club a short drive away, plus Niagara wineries, the Niagara River Parkway, shopping, dining, and the US border close by. Come see this one in person.

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

Closing Costs

Mortgage Amount
$338,320
Land Transfer Taxes$4,933
Legal Fees (Est.)
$
Total cash required for closing$91,013

Total Monthly Obligation

$2,326/mo
Mortgage $1,706
Monthly Loss $1,877
Principal$449
Interest$1,257
Property Tax$246
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.6%33
Cash-on-Cash
-1.0%6
5-Year IRR
14.9%71
10-Year IRR
14.6%
Returns Index
37.4/ 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
$30,000/yr
NOI
$19,554/yr
Net Cash Flow
-$76/mo
Cash Margin
-3.1%3
Cash Flow Index
2.6/ 100
Risk Profile
Weight: 20%
DSCR
0.9624
LTV Ratio
80.0%18
Vacancy Buffer
4.1 mo70
Risk Index
37.4/ 100

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

Comparables

Properties near 3033 TOWNLINE Road 222

Time

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