431 NIAGARA Boulevard, Fort Erie

$949,900
431 NIAGARA Boulevard

$949,900

New
7d
DetachedBungalow-Raised

431 NIAGARA Boulevard, Fort Erie

Total Monthly Obligation $4,864

Beds
4
Baths
3
Park
6
Sqft
2000-2500
DOM
7d
Score
15
Yield
3.2%
Cash on Cash
-11.7%
Cap Rate
2.1%
5Y IRR
6.5%
10Y IRR
7.5%
Property Type-Detached
MLS® Number-X14088350
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-60 × 350 ft
Listed on site-Oct 16, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$7,892 (2025)
Parking-8 - Attached
Basement-Finished with Walk-Out, Full, Finished, Walk-Out
Heating-Forced Air (Gas)
Brokerage-COSMOPOLITAN REALTY
Cooling-Central Air
Laundry-No
Fireplace-Family Room
Pool-Inground
Facing-West
Exterior-Aluminum Siding, Stone
Roof-Asphalt Rolled
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-332 - Central
Title-Residential Freehold

No agent assigned

At this Price Point there is Nothing Else on the Niagara Market that gives you River Views, Half an Acre, Parkland Behind, an In-Ground Pool, and a Fully Finished Walkout Lower Level - all on One Property. This property is the home buyers in this region have been waiting for and could not find. Peaceful Setting, Generous Living Space, and a Backyard Retreat create a Lifestyle you'll love coming home to. This Updated Raised Bungalow offers approximately 2,300 sq. ft. of Finished Living Space across Both Levels, with 4 Bedrooms and 3 Full Bathrooms on a 60 x 350 ft Lot-approximately 0.48 Acres-with No Rear Neighbours. The beautiful Living Room and Bedrooms face the Niagara River. Abundant Windows fill the home with Natural Light, perfect for relaxed mornings and peaceful evenings overlooking the water. The Newer Kitchen features Premium Quartz Countertops, Newer Appliances, and Pot Lights, with an adjoining Dining Area for gathering with family and friends. A bright Sunroom with Windows on Three Sides overlooks the Backyard and Pool-your favourite spot for coffee or a quiet afternoon. Three Main-Floor Bedrooms and Two Full Bathrooms offer comfortable everyday living. The Finished Walkout Lower Level adds a Fourth Bedroom, Full Bathroom, and Family Room, with space for guests or working from home. Spend summers enjoying your In-Ground Pool, hosting barbecues on the Deck, and making the most of the Expansive Backyard. A Pool House, Separate Yard Areas, and Parkland behind the property complete the outdoor setting. An Attached Double-Car Garage and Ample Driveway Parking add convenience. Approximately 5 Minutes to the Peace Bridge, 15 Minutes to Downtown Buffalo, and 30 Minutes to Niagara Falls, with scenic drives along the Niagara River Parkway. Shopping and Everyday Essentials are close by. Come for the Views. Stay for the Space, Peaceful Surroundings, and Lifestyle. Book your Private Showing today! The property is being sold on an "As Is, Where Is" basis.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$759,920
Land Transfer Taxes$15,473
Legal Fees (Est.)
$
Total cash required for closing$206,953

Total Monthly Obligation

$4,864/mo
Mortgage $3,832
Monthly Loss $3,856
Principal$1,008
Interest$2,823
Property Tax$658
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.5%10
Cash-on-Cash
-15.4%0
5-Year IRR
3.6%8
10-Year IRR
5.7%
Returns Index
5.0/ 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
$30,000/yr
NOI
$14,608/yr
Net Cash Flow
-$2,614/mo
Cash Margin
-104.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.322
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
17.2/ 100

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

Comparables

Properties near 431 NIAGARA Boulevard

Time

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Data last updated within the past 24 hours.