339 LAKEWOOD Avenue, Fort Erie

$769,900
339 LAKEWOOD Avenue

$769,900

New
7d
Detached2-Storey

339 LAKEWOOD Avenue, Fort Erie

Total Monthly Obligation $3,481

Beds
3
Baths
2
Park
3
Sqft
1500-2000
DOM
7d
Score
20
Yield
4.4%
Cash on Cash
-2.5%
Cap Rate
4.0%
5Y IRR
13.6%
10Y IRR
13.0%
Property Type-Detached
MLS® Number-X14090022
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-40 × 106.4 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Detached
Age-New
Taxes-$0.1 (2026)
Parking-4 - Attached
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Hardboard
Roof-Asphalt Shingle
Foundation-Concrete, Slab
Sewer-Sewer
Possession-immediate
Neighbourhood-337 - Crystal Beach
Title-Residential Freehold

No agent assigned

LOCATION, LOCATION, LOCATION! Welcome to the ultimate Crystal Beach lifestyle! Just steps from the beautiful sandy shores of Lake Erie and a short stroll to the vibrant heart of downtown Crystal Beach , this stunning brand-new 3-bedroom, 2.5-bath home offers an exceptional opportunity to enjoy beachside living. Imagine spending your days on the beach, enjoying fabulous local restaurants, lively patios, charming boutiques, cafes and the wonderful social atmosphere that makes Crystal Beach such a sought-after destination. Nearby historic Ridgeway offers even more dining, shopping, its popular farmers market and the friendship trail. Inside, bright open-concept living, 9-foot main-floor ceilings and a desirable main-floor primary suit with stylish ensuite providing comfort and convenience. The beautifully appointed kitchen features quartz countertops, a generous centre island, upgraded backsplash and soft-close cabinetry. An oak staircase leads to two additional bedrooms upstairs. Quality construction and finishes include James Hardie siding, Polar windows, substantial baseboards, a tankless water heater and built in ceiling speakers. Built on a slab with rough-in for in-floor radiant heating, this home also offers provisions for an EV charger and backyard hot tube. A unique drive-through garage with rear overhead door provides convenient backyard access. Relax on the welcoming covered front porch and enjoy easy access to the QEW, Peace Bridge and Buffalo. Whether you're looking for a year round residence or your own beachside retreat, This exceptional new home puts the very best of Crystal Beach living right at your doorstep! TAXES NOT YET ASSESSED

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

Closing Costs

Mortgage Amount
$615,920
Land Transfer Taxes$11,873
Legal Fees (Est.)
$
Total cash required for closing$167,353

Total Monthly Obligation

$3,481/mo
Mortgage $3,106
Monthly Loss $2,663
Principal$817
Interest$2,288
Property Tax$0
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.0%1
5-Year IRR
10.0%36
10-Year IRR
10.5%
Returns Index
19.0/ 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
$33,600/yr
NOI
$25,740/yr
Net Cash Flow
-$961/mo
Cash Margin
-34.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo45
Risk Index
24.4/ 100

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

Comparables

Properties near 339 LAKEWOOD Avenue

Time

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Data last updated within the past 24 hours.