54 Archange Street, Fort Erie

$489,900
54 Archange Street

$489,900

New
18d
Detached2-Storey

54 Archange Street, Fort Erie

Total Monthly Obligation $2,541

Beds
3
Baths
3
Park
2
Sqft
1500-2000
DOM
18d
Score
20
Yield
4.8%
Cash on Cash
-3.1%
Cap Rate
3.9%
5Y IRR
13.1%
10Y IRR
12.7%
Property Type-Detached
MLS® Number-X13863396
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-54.12 × 102.91 ft
Listed on site-Oct 5, 2026
Style-2-Storey
Building Type-Detached
Taxes-$2,273 (2025)
Parking-2 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-SHAHID KHAWAJA REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Vinyl Siding
Roof-Shingles
Foundation-Concrete Block
Sewer-Sewer
Possession-TBD
Neighbourhood-332 - Central
Title-Residential Freehold

No agent assigned

**View Virtual Tour ** Fully renovated and completely turn-key, this impressive duplex presents a prime opportunity for investors or buyers seeking a stylish multi-unit property with strong income potential. Updated from top to bottom with quality finishes and modern improvements, the home offers exceptional value, low maintenance appeal, and immediate occupancy flexibility. Unit One (previously leased for $1900) features a bright, refreshed kitchen with abundant cabinetry, a convenient two-piece bathroom on the main floor, and a private upper-level bedroom complete with a newly added three-piece ensuite. Unit Two (previously leased for $2200) showcases a spacious, newly redesigned eat-in kitchen with ample cabinetry, modern backsplash, and an abundance of counterspace, a beautifully updated main floor bathroom, contemporary laminate flooring throughout, and two generously sized bedrooms on the upper level. The exterior is equally impressive, highlighted by newly constructed oversized front and rear decks, ideal for outdoor entertaining or relaxing. New vinyl siding enhances curb appeal while offering durability and minimal upkeep. Roof changed in 2015. An outdoor storage shed provides additional practical space. Situated on a quiet street in a desirable Fort Erie neighbourhood, the property is just minutes from major highway access and the US border, making commuting simple and convenient. Whether you choose to reside in one unit and generate rental income from the other or expand your investment portfolio with a move-in-ready asset, this property offers versatility, modern comfort, and outstanding long-term potential.

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

Closing Costs

Mortgage Amount
$391,920
Land Transfer Taxes$6,273
Legal Fees (Est.)
$
Total cash required for closing$105,753

Total Monthly Obligation

$2,541/mo
Mortgage $1,976
Monthly Loss $2,021
Principal$520
Interest$1,456
Property Tax$189
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.7%1
5-Year IRR
8.8%28
10-Year IRR
9.7%
Returns Index
15.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$23,700/yr
NOI
$14,557/yr
Net Cash Flow
-$763/mo
Cash Margin
-38.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo65
Risk Index
30.3/ 100

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

Comparables

Properties near 54 Archange Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.