3033 Townline Road 518, Fort Erie

$564,900
3033 Townline Road 518

$564,900

New
35d
DetachedBungalow

3033 Townline Road 518, Fort Erie

Total Monthly Obligation $2,966

Beds
2
Baths
2
Park
4
Sqft
1100-1500
DOM
35d
Score
19
Yield
4.9%
Cash on Cash
-3.6%
Cap Rate
3.8%
5Y IRR
12.7%
10Y IRR
12.3%
Property Type-Detached
MLS® Number-X13803380
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Listed on site-Sep 18, 2026
Style-Bungalow
Building Type-Detached
Age-16-30
Taxes-$3,753.96 (2026)
Parking-5 - Attached
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Living Room
Pool-Community, Indoor, Inground, Outdoor
Facing-East
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-327 - Black Creek
Title-Residential Freehold

No agent assigned

CREEKSIDE LIVING ... Find the perfect balance of peaceful WATERFRONT living and an active, connected lifestyle at 518-3033 Townline Road (Black Creek Trail) in the Black Creek Adult Lifestyle Community in Stevensville. Backing directly onto the creek, this bungalow w/attached garage has creek-front access - launch a kayak, paddleboat, small boat or pontoon right from your backyard & cruise your way out to the Niagara River. Or slow down, settle in by the water and simply enjoy the peaceful Creekside setting. Inside, 1,200+ SF of OPEN-CONCEPT living brings everyone together. The living area features a VAULTED CEILING w/gas fireplace, adding warmth to the living room, and opens to a practical kitchen w/abundant cabinetry & counter space (slide out drawers & shelves). Dining area boasts big, bright windows overlooking the serene back yard & filling the space w/natural light. WALK OUT to private 10' x 30' deck w/pergola, gardens, shady trees, patio & sweeping views of Black Creek. Two bedrooms & two baths include a PRIMARY RETREAT w/walk-in closet and OVERSIZED 4-pc ensuite w/jacuzzi tub, glass shower & B/I storage. This former model home has great curb appeal -covered TREX front porch w/stately pillars, lovely perennial gardens, concrete DBL drive & parking for up to 5 vehicles, while huge front and back yards give you extra room to enjoy the outdoors. BONUS - poured concrete basement crawl space, EXTRA STORAGE shed w/access from the backyard, plus MANY UPDATES throughout - roof '21, laminate flooring '23, owned HWT '24, garage door & opener '26 & MORE. Beyond your door, enjoy indoor & outdoor pools, sauna, clubhouse, shuffleboard, tennis/pickleball, fitness classes & a full calendar of social events. Whether your day calls for paddling the creek, relaxing at home or connecting w/neighbours, this is a lifestyle built around choice. Monthly fees: $1,187.83 ($875 land lease + $312.83 estimated taxes). CLICK ON MULTIMEDIA for video tour, drone photos, floor plans & more.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$451,920
Land Transfer Taxes$7,773
Legal Fees (Est.)
$
Total cash required for closing$122,253

Total Monthly Obligation

$2,966/mo
Mortgage $2,279
Monthly Loss $2,367
Principal$600
Interest$1,679
Property Tax$313
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.9%1
5-Year IRR
8.7%27
10-Year IRR
9.6%
Returns Index
14.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$27,552/yr
NOI
$16,543/yr
Net Cash Flow
-$900/mo
Cash Margin
-39.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo55
Risk Index
26.7/ 100

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

Comparables

Properties near 3033 Townline Road 518

Time

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