346 BROCK Street, Fort Erie

$419,900
346 BROCK Street

$419,900

New
22d
Detached2-Storey

346 BROCK Street, Fort Erie

Total Monthly Obligation $2,269

Beds
3
Baths
1
Park
3
Sqft
1100-1500
DOM
22d
Score
25
Yield
6.5%
Cash on Cash
3.5%
Cap Rate
5.3%
5Y IRR
18.4%
10Y IRR
16.9%
Property Type-Detached
MLS® Number-X13850386
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-50 × 104 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Detached
Age-51-99
Taxes-$2,407.07 (2026)
Parking-3 - None
Basement-Unfinished, Full
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-30-59 days
Neighbourhood-332 - Central
Title-Residential Freehold

No agent assigned

Built in 1924. Updated like it was built yesterday. This two-storey home in central Fort Erie has been opened up and redone inside, so you get the solid bones of an older home without the dated stuff that usually comes with it. Wide plank flooring throughout the main floor, big windows everywhere, and a black metal railing on the staircase that adds a modern touch to a house of this age. The kitchen is the one you'll want to cook in. White shaker cabinets, subway tile, a chimney-style range hood, and stainless appliances give it a modern aesthetic you'll love. Sliding doors off the dining area open to the back deck, so summer dinners move outside with zero effort. Upstairs you'll find three bedrooms and an updated 4-piece bath with a modern vanity. Out back, a fully fenced yard with a deck and a concrete patio pad. Room for the kids, the dog, and the BBQ. Out front, a covered porch made for morning coffee and a private driveway set amongst a well-cared for community. The full basement gives you storage now and options later. All on a quiet residential street, minutes from the Peace Bridge, QEW, the Niagara River, and Fort Erie's charming downtown. Move-in ready detached homes at this price don't come around often. Book your private showing today.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$335,920
Land Transfer Taxes$4,873
Legal Fees (Est.)
$
Total cash required for closing$90,353

Total Monthly Obligation

$2,269/mo
Mortgage $1,694
Monthly Loss $1,824
Principal$446
Interest$1,248
Property Tax$201
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.2%29
Cash-on-Cash
-3.1%4
5-Year IRR
13.2%59
10-Year IRR
13.2%
Returns Index
30.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$27,120/yr
NOI
$17,501/yr
Net Cash Flow
-$235/mo
Cash Margin
-10.4%1
Cash Flow Index
0.6/ 100
Risk Profile
Weight: 20%
DSCR
0.8617
LTV Ratio
80.0%18
Vacancy Buffer
4.2 mo72
Risk Index
36.0/ 100

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

Comparables

Properties near 346 BROCK Street

Time

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