910 Bernard Avenue, Fort Erie

$499,900
910 Bernard Avenue

$499,900

New
10d
DetachedLog

910 Bernard Avenue, Fort Erie

Total Monthly Obligation $2,560

Beds
3
Baths
1
Park
3
Sqft
700-1100
DOM
10d
Score
20
Yield
4.8%
Cash on Cash
-2.7%
Cap Rate
4.0%
5Y IRR
13.4%
10Y IRR
12.9%
Property Type-Detached
MLS® Number-X14081696
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-120 × 240 ft
Listed on site-Oct 13, 2026
Style-Log
Building Type-Detached
Age-100+
Taxes-$2,028 (2026)
Parking-3 - None
Basement-None
Heating-Other (Gas)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-None
Laundry-No
Fireplace-Wood, Living Room
Pool-None
Facing-East
Exterior-Log
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Septic
Possession-FLEXIBLE
Neighbourhood-335 - Ridgeway
Title-Residential Freehold

No agent assigned

Cabin in the woods vibes!!! Classic summer cottage with an investment twist! Not 1, but 2 summer cottages located on one large 120x240 lot. First time on the market in over 100 years!!! 910 Bernard Ave. was built by the owners family in 1926! Features 3 bedrooms, a large eat in kitchen, a 3pc bath and a covered from porch. The highlight is def. the high ceilings and stone fireplace, which transports you back in time! Property also includes 3052 Maple. A 1684 sf cottage built in the 1950's. Solid structure with a tremendous layout. 4 bedrooms and bath, large living room and kitchen separated by a stone chimney, and screened in sun room. 200 amp service. This property is ready for your renovation! Each house has it's own septic system. Seller states both are operational but will need updating/replacing depending on Buyer's plans. Must be sold as a package. Seller to satisfy themselves with the Town of Fort Erie, and Region of Niagara with regards to severability and future requirements. This property could make an amazing home, family compound or rental opportunity. Quick closing available. Property is being sold "as is, where is"

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

Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$2,560/mo
Mortgage $2,016
Monthly Loss $2,030
Principal$531
Interest$1,486
Property Tax$169
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.3%1
5-Year IRR
9.1%29
10-Year IRR
9.9%
Returns Index
15.9/ 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
$24,216/yr
NOI
$15,266/yr
Net Cash Flow
-$744/mo
Cash Margin
-36.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo65
Risk Index
30.2/ 100

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

Comparables

Properties near 910 Bernard Avenue

Time

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Data last updated within the past 24 hours.