1444 Lakehurst Avenue, Fort Erie

$479,900
1444 Lakehurst Avenue

$479,900

New
25d
DetachedBungaloft

1444 Lakehurst Avenue, Fort Erie

Total Monthly Obligation $2,581

Beds
4
Baths
2
Park
4
Sqft
2000-2500
DOM
25d
Score
21
Yield
5.5%
Cash on Cash
-1.3%
Cap Rate
4.3%
5Y IRR
14.6%
10Y IRR
13.8%
Property Type-Detached
MLS® Number-X13836034
Beds-4
Bathrooms-2
Size-2000-2500 sqft
Lot Size-110 × 55 ft
Listed on site-Sep 28, 2026
Style-Bungaloft
Building Type-Detached
Age-51-99
Taxes-$3,241.01 (2026)
Parking-5 - Attached
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-RE/MAX NIAGARA REALTY LTD, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-East
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-334 - Crescent Park
Title-Residential Freehold

No agent assigned

Welcome to 1444 Lakehurst Avenue, a spacious 1,850 sqft. bungaloft situated on a large corner lot in the desirable Crescent Park neighbourhood of Fort Erie. This 4-bedroom, 2-bathroom home offers a functional layout with room for the whole family to relax and grow. The main floor features a bright sunroom, a combined living and dining room, a cozy family room, and a well-equipped kitchen. The main floor primary bedroom includes a convenient 3-piece ensuite, offering privacy and comfort. Upstairs, you'll find a versatile recroom, three additional bedrooms, and a 4-piece bathroom - ideal for children, guests, or a home office setup. Step outside to enjoy the fully fenced yard, a patio surrounding the sunroom for entertaining or relaxing, and a handy storage shed for tools and seasonal gear. Mature trees and plenty of green space make the backyard perfect for play or a peaceful retreat. Located within walking distance of Lake Erie's shoreline and the sandy shores of Crescent Beach, this home is also close to schools, the Leisureplex arenas and community center, and Ferndale Park with its splash pad, soccer fields, and playground. Just a short drive to shopping, restaurants, the QEW highway, and the Peace Bridge to the USA, this property offers the ideal combination of comfort, space, and convenience in a family-friendly setting.

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

Closing Costs

Mortgage Amount
$383,920
Land Transfer Taxes$6,073
Legal Fees (Est.)
$
Total cash required for closing$103,553

Total Monthly Obligation

$2,581/mo
Mortgage $1,936
Monthly Loss $2,071
Principal$509
Interest$1,426
Property Tax$270
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.1%1
5-Year IRR
10.1%36
10-Year IRR
10.7%
Returns Index
19.0/ 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
$26,232/yr
NOI
$15,868/yr
Net Cash Flow
-$613/mo
Cash Margin
-28.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo64
Risk Index
30.5/ 100

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

Comparables

Properties near 1444 Lakehurst Avenue

Time

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Data last updated within the past 24 hours.