Fort Erie, L0S 1B0
$549,900
Listed by ROYAL LEPAGE NRC REALTY.
There are not many homes in Crystal Beach that have a great view of the water, without being on the water.....this is one of those homes. A rare opportunity abounds. First time on the market in over 50 years. This mammoth home sits on a 40x100 lot, directly across from Lake Erie with views from both the first and second floors. Measuring in at over 1500 sf, plus a full walk out basement, this home offers a world of potential. Solid, with a newer roof, this property is a dream come true for a skilled and creative renovator. Currently set up as an open concept living room with stone mantle/dining room/kitchen area plus full bath on the main floor, as well as 4 bedrooms and a bath upstairs. A patio door from the kitchen to an elevated rear deck seems like a perfect addition. 2 bedrooms facing the water would make an incredible primary bedroom suite with a walk out patio. In the basement there is a partially finished area complete with patio doors to a covered patio, a bathroom and laundry, as well as a large unfinished area that could be additional finished area. R2B zoning, and a basement walkout appear to allow for a separate in law suite in the basement for additional revenue potential, or for a family member. This property may be sold in conjunction with a separate 40x121 lot directly behind, which would form a street to street lot and offer a ton of potential for a detached garage.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
