1288 Walker Lane, Fort Erie

$649,900
1288 Walker Lane

$649,900

New
18d
DetachedBungalow

1288 Walker Lane, Fort Erie

Total Monthly Obligation $3,430

HausQ Valuation Report
Beds
2
Baths
2
Park
2
Sqft
700-1100
DOM
18d
Score
16
Yield
3.5%
Cash on Cash
-10.3%
Cap Rate
2.4%
5Y IRR
7.5%
10Y IRR
8.3%
Property Type-Detached
MLS® Number-X13860954
Beds-2
Bathrooms-2
Size-700-1100 sqft
Lot Size-55 × 125 ft
Listed on site-Oct 5, 2026
Style-Bungalow
Building Type-Detached
Age-100+
Taxes-$5,201 (2026)
Parking-3 - Detached
Basement-None
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS COMPLETE REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Cedar
Roof-Asphalt Shingle
Foundation-Block
Sewer-Holding Tank
Possession-Flexible
Neighbourhood-337 - Crystal Beach
Title-Residential Freehold

No agent assigned

Welcome to 1288 Walker Lane, located in Point Abino, one of Southern Ontario's most exclusive gated communities, offering private beach access. This beautifully updated two-bedroom, two-bathroom home offers over 1,000 sq. ft. of comfortable living space and was completely rebuilt from the studs in 2008.The gorgeous kitchen features crisp white cabinetry and an abundance of storage, with tons of cabinet space to keep everything beautifully organized. From the kitchen sink, enjoy a lovely view overlooking the fully landscaped grounds, filled with beautiful flowers and mature greenery - a view you'll love while enjoying your morning coffee .Featuring charming cedar shake siding, a detached garage and a separate Bunkie for children or guests, this property offers the perfect mix of privacy, cottage character and relaxed lakeside living. The water is just a short walk away, while the Bertie Boat Club is right down the road for enjoying those warm summer evenings. A truly special Point Abino property offering privacy, charm and that effortless lakeside lifestyle.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$519,920
Land Transfer Taxes$9,473
Legal Fees (Est.)
$
Total cash required for closing$140,953

Total Monthly Obligation

$3,430/mo
Mortgage $2,622
Monthly Loss $2,740
Principal$690
Interest$1,932
Property Tax$433
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.7%10
Cash-on-Cash
-14.8%0
5-Year IRR
4.1%9
10-Year IRR
6.1%
Returns Index
5.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$22,788/yr
NOI
$10,808/yr
Net Cash Flow
-$1,721/mo
Cash Margin
-90.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.343
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
22.5/ 100

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

Comparables

Properties near 1288 Walker Lane

Time

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