304 Jarvis Street, Fort Erie

$299,000
304 Jarvis Street

$299,000

New
3d
DetachedBungalow

304 Jarvis Street, Fort Erie

Total Monthly Obligation $1,789

Beds
4
Baths
2
Park
4
Sqft
1500-2000
DOM
3d
Score
30
Yield
8.0%
Cash on Cash
8.4%
Cap Rate
6.4%
5Y IRR
22.3%
10Y IRR
20.2%
Property Type-Detached
MLS® Number-X14096980
Beds-4
Bathrooms-2
Size-1500-2000 sqft
Lot Size-50 × 121.7 ft
Listed on site-Oct 20, 2026
Style-Bungalow
Building Type-Detached
Age-100+
Taxes-$2,491 (2026)
Parking-5 - Detached
Basement-Crawl Space, Unfinished
Heating-Other (Gas)
Brokerage-RE/MAX NIAGARA REALTY LTD, BROKERAGE
Cooling-Other
Laundry-No
Fireplace-Family Room
Pool-None
Facing-North
Exterior-Aluminum Siding
Roof-Shingles
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-332 - Central
Title-Residential Freehold

No agent assigned

Larger than it looks, this spacious 4-bedroom, 2-bathroom home offers approximately 1,800 square feet of living space with a surprisingly versatile layout and plenty of room to make it your own. With a sunroom, living room, family room with gas fireplace and two additional flex rooms, there are multiple spaces for family life, working from home, hobbies, guests or additional sleeping areas. The home's layout also offers the convenience of main-floor living, providing flexibility for a variety of lifestyles and needs. Ready for some updating and personal touches, this home provides an excellent starting point for buyers looking to renovate, refresh and create a space that reflects their own style. Outside, you'll find a covered patio, detached garage, storage shed and partially fenced backyard, offering additional space for vehicles, tools, hobbies and outdoor enjoyment.Located in Downtown Bridgeburg, you'll be part of a historic neighbourhood experiencing renewed investment, with homes being restored and the downtown core being revitalized through streetscaping, shops, restaurants and services. Just a short walk away is the Niagara River and its scenic recreational trail-perfect for walking along the waterfront, watching the boats go by or casting a fishing line. Conveniently located just minutes from the Peace Bridge to Buffalo and QEW access at Bowen Rd, this property combines plenty of space, renovation potential and a walkable Niagara River location.

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

Mortgage Amount
$239,200
Land Transfer Taxes$2,960
Legal Fees (Est.)
$
Total cash required for closing$64,260

Total Monthly Obligation

$1,789/mo
Mortgage $1,206
Monthly Loss $1,471
Principal$317
Interest$889
Property Tax$208
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.8%36
Cash-on-Cash
-0.1%7
5-Year IRR
15.8%76
10-Year IRR
15.3%
Returns Index
40.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
30/ 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
$23,796/yr
NOI
$14,425/yr
Net Cash Flow
-$4/mo
Cash Margin
-0.2%5
Cash Flow Index
4.6/ 100
Risk Profile
Weight: 20%
DSCR
1.0027
LTV Ratio
80.0%18
Vacancy Buffer
5.3 mo86
Risk Index
43.7/ 100

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

Comparables

Properties near 304 Jarvis Street

Time

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