69 Hagey Avenue 2, Fort Erie

$315,000
69 Hagey Avenue 2

$315,000

New
3d
Condo Townhouse2-Storey

69 Hagey Avenue 2, Fort Erie

Total Monthly Obligation $2,107

Bed+Den
4+1
Baths
2
Park
1
Sqft
1000-1199
DOM
3d
Score
21
Yield
7.0%
Cash on Cash
-1.8%
Cap Rate
4.2%
5Y IRR
14.1%
10Y IRR
13.5%
Property Type-Condo Townhouse
MLS® Number-X14097614
Bed+Den-4+1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-51-99
Taxes-$2,600 (2026)
Maintenance-$420/mo
Locker-None
Parking-1 - None
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX NIAGARA REALTY LTD, BROKERAGE
Cooling-None
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Possession-Immediate
Neighbourhood-332 - Central
Title-Residential Condo & Other

No agent assigned

Enter the market in style! Great value in the heart of Fort Erie - Fully Renovated 3 bedroom, 2 bathroom townhome in one of Niagara's most affordable complexes makes this the perfect family home or turn key investment property. Minutes drive to the border, downtown core and Fort Erie Race Track. Close to schools, amenities and QEW access.

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

Closing Costs

Mortgage Amount
$252,000
Land Transfer Taxes$3,200
Legal Fees (Est.)
$
Total cash required for closing$67,700

Total Monthly Obligation

$2,107/mo
Mortgage $1,271
Monthly Loss $1,773
Principal$334
Interest$936
Property Tax$217
Condo Fees$420
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-7.9%1
5-Year IRR
9.7%33
10-Year IRR
10.6%
Returns Index
17.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$22,128/yr
NOI
$9,875/yr
Net Cash Flow
-$448/mo
Cash Margin
-24.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
4.5 mo78
Risk Index
34.7/ 100

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

Comparables

Properties near 69 Hagey Avenue 2

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.