614 BUFFALO Road, Fort Erie

$779,900
614 BUFFALO Road

$779,900

New
24d
DetachedBungalow

614 BUFFALO Road, Fort Erie

Total Monthly Obligation $3,901

Beds
4
Baths
2
Park
4
Sqft
1100-1500
DOM
24d
Score
17
Yield
4.3%
Cash on Cash
-5.6%
Cap Rate
3.4%
5Y IRR
11.2%
10Y IRR
11.1%
Property Type-Detached
MLS® Number-X13849898
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-60.59 × 121.38 ft
Listed on site-Sep 29, 2026
Style-Bungalow
Building Type-Detached
Age-16-30
Taxes-$4,564.5 (2025)
Parking-6 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX NIAGARA REALTY LTD, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Stone, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-30-59 days
Neighbourhood-334 - Crescent Park
Title-Residential Freehold

No agent assigned

OPEN HOUSE SAT OCT 17TH 1-3PM Beautifully maintained 3+1 bedroom, 3 full bathroom bungalow with an in-law setup in the highly desirable Crescent Park neighbourhood, just minutes from Crescent Beach. Situated on an impressive 60 x 121 ft lot, this home showcases true pride of ownership with fantastic curb appeal, a double-car garage, a fully finished basement with kitchenette and a beautifully landscaped backyard. Step inside to a bright, inviting main floor featuring an open-concept layout, California shutters, and hardwood and tile flooring throughout. At the heart of the home is the spacious kitchen, complete with rich cherry cabinetry, granite countertops, under-cabinet lighting, a large eat-in island and stainless steel appliances, including a gas range and double wall ovens. The open living and dining areas provide the perfect setting for entertaining family and friends or enjoying a quiet night at home. The spacious primary bedroom features its own 3-piece ensuite, while two additional generously sized bedrooms and a 4-piece bathroom complete the main level. Downstairs, the fully finished basement with a new kitchenette offers even more living space with a large recreation room, bar area and cozy gas fireplace, along with a spacious fourth bedroom and an additional 3-piece bathroom-perfect for guests, teenagers or extended family. Outside, enjoy a fully fenced and professionally landscaped backyard designed for relaxing and entertaining. Highlights include newer exposed aggregate concrete (2021), a covered patio, shed (2020) and upgraded stone half-wall surrounding the home (2021). Additional features include gutter guards, central vacuum, sump pump, owned hot water tank and a cold cellar. Located in a sought-after, family-friendly neighbourhood close to Crescent Beach, parks, shopping, restaurants and all the amenities Fort Erie has to offer, this move-in-ready home delivers the space, comfort and location you've been looking for.

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

Closing Costs

Mortgage Amount
$623,920
Land Transfer Taxes$12,073
Legal Fees (Est.)
$
Total cash required for closing$169,553

Total Monthly Obligation

$3,901/mo
Mortgage $3,146
Monthly Loss $3,073
Principal$828
Interest$2,318
Property Tax$380
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.9%1
5-Year IRR
7.8%22
10-Year IRR
8.9%
Returns Index
12.3/ 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
$33,480/yr
NOI
$21,068/yr
Net Cash Flow
-$1,390/mo
Cash Margin
-49.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
21.3/ 100

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

Comparables

Properties near 614 BUFFALO Road

Time

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