3561 Carver Street, Fort Erie

$675,000
3561 Carver Street

$675,000

New
3d
DetachedSidesplit

3561 Carver Street, Fort Erie

Total Monthly Obligation $3,539

Beds
5
Baths
3
Park
4
Sqft
1100-1500
DOM
3d
Score
18
Yield
4.8%
Cash on Cash
-4.4%
Cap Rate
3.6%
5Y IRR
12.1%
10Y IRR
11.9%
Property Type-Detached
MLS® Number-X14099120
Beds-5
Bathrooms-3
Size-1100-1500 sqft
Lot Size-49.06 × 97.09 ft
Listed on site-Oct 20, 2026
Style-Sidesplit
Building Type-Detached
Age-16-30
Taxes-$5,292 (2025)
Parking-6 - Attached
Basement-Partially Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX NIAGARA REALTY LTD, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-Above Ground
Facing-East
Exterior-Vinyl Siding, Brick Veneer
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-328 - Stevensville
Title-Residential Freehold

No agent assigned

Welcome to 3561 Carver Street in the charming community of Stevensville! If you've been looking for a home with plenty of space, comfortable living areas, and a beautiful natural setting, this one is definitely worth a look! With 5 bedrooms and 3 bathrooms, this inviting home offers room for everyone to spread out and enjoy. Step inside to a bright, welcoming living room, a functional kitchen with a cozy dinette area, and convenient walkout access to a partially covered deck overlooking the backyard. The main floor also features three bedrooms, including one with beautiful cathedral ceilings that give the space a little extra character. One of the real highlights of this home is the private second-floor primary suite. This wonderful retreat offers a spacious walk-in closet, a cozy gas fireplace, comfortable in-floor heating, and a lovely 4-piece ensuite with a separate shower and relaxing soaker tub. There's even your own private balcony. The fully finished basement has you covered with a generous recreation room, a second gas fireplace, a fifth bedroom, a 3-piece bathroom, and plenty of storage. Step outside and you'll find even more to love! Situated on a spacious pie-shaped lot, the backyard offers plenty of room to relax, entertain, and make lasting memories. Enjoy summer days around the above-ground pool, evenings on the deck, and the convenience of a double garage. What makes this property even more special is its beautiful natural backdrop. The neighbouring Town-owned property features a picturesque pond and lovely natural surroundings, giving you peaceful views and a sense of privacy that's not always easy to find in a neighbourhood setting.

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

Closing Costs

Mortgage Amount
$540,000
Land Transfer Taxes$9,975
Legal Fees (Est.)
$
Total cash required for closing$146,475

Total Monthly Obligation

$3,539/mo
Mortgage $2,723
Monthly Loss $2,822
Principal$716
Interest$2,006
Property Tax$441
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.2%1
5-Year IRR
8.4%25
10-Year IRR
9.4%
Returns Index
13.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$32,340/yr
NOI
$19,314/yr
Net Cash Flow
-$1,113/mo
Cash Margin
-41.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
23.1/ 100

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

Comparables

Properties near 3561 Carver Street

Time

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Data last updated within the past 24 hours.