3816 Crystal Beach Drive, Fort Erie

$599,999
3816 Crystal Beach Drive

$599,999

New
22d
Detached1 1/2 Storey

3816 Crystal Beach Drive, Fort Erie

Total Monthly Obligation $3,039

Beds
2
Baths
2
Park
1
Sqft
1100-1500
DOM
22d
Score
17
Yield
3.4%
Cash on Cash
-9.5%
Cap Rate
2.5%
5Y IRR
8.1%
10Y IRR
8.8%
Property Type-Detached
MLS® Number-X13849274
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Lot Size-40 × 126.31 ft
Listed on site-Oct 1, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$2,928 (2026)
Parking-2 - Detached
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-REVEL Realty Inc., Brokerage
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-Inground
Facing-North
Exterior-Vinyl Siding, Other
Roof-Metal
Foundation-Other
Sewer-Sewer
Possession-30-59 days
Neighbourhood-337 - Crystal Beach
Title-Residential Freehold

No agent assigned

Welcome to 3816 Crystal Beach Drive. This is no ordinary home! If you seek a unique year-round getaway, this space invites you in. The open concept layout, adorned with a vaulted ceiling and galley kitchen, transforms entertaining into a joyful experience. The cozy interiors radiate a nautical charm, featuring a built-in sleeping alcove and a charming loft. The master bedroom boasts a private ensuite with an oversized travertine shower. Enter the family room, where you overlook a tranquil courtyard that inspires relaxation. The inground pool offers a serene escape, and a separate sleeping bunkie awaits additional guests who will cherish their stay. The upper viewing deck provides delightful glimpses of Lake Erie, reminding you of the beauty around you. This retreat awaits you as a personal sanctuary or a promising rental opportunity, allowing you to embrace both comfort and investment. A short stroll takes you to the waterfront park and boat launch, inviting endless adventures. Family room that over looks a private court yard you will love. Inground pool extremely private. Separate sleeping bunkie for added guest that will not want to leave. A upper viewing deck for peeks of Lake Erie. You can enjoy this retreat of have rental potential if your looking for an investment to off set expenses. You're a short stroll to the waterfront park and boat launch. Come take a peek!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$479,999
Land Transfer Taxes$8,475
Legal Fees (Est.)
$
Total cash required for closing$129,975

Total Monthly Obligation

$3,039/mo
Mortgage $2,420
Monthly Loss $2,402
Principal$637
Interest$1,783
Property Tax$244
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.2%0
5-Year IRR
4.5%10
10-Year IRR
6.4%
Returns Index
6.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$20,220/yr
NOI
$10,770/yr
Net Cash Flow
-$1,523/mo
Cash Margin
-90.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.373
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
25.0/ 100

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

Comparables

Properties near 3816 Crystal Beach Drive

Time

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