550 Lakeshore Road, Fort Erie

$725,000
550 Lakeshore Road

$725,000

New
3d
Detached2-Storey

550 Lakeshore Road, Fort Erie

Total Monthly Obligation $3,762

Beds
3
Baths
2
Park
2
Sqft
1500-2000
DOM
3d
Score
16
Yield
4.0%
Cash on Cash
-7.9%
Cap Rate
2.9%
5Y IRR
9.4%
10Y IRR
9.8%
Property Type-Detached
MLS® Number-X14096852
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-40 × 202 ft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,546 (2026)
Parking-3 - Detached
Basement-Partial Basement
Heating-Forced Air (Gas)
Brokerage-REVEL Realty Inc., Brokerage
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-FLEXIBLE
Neighbourhood-333 - Lakeshore
Title-Residential Freehold

No agent assigned

Welcome to 550 Lakeshore Road - an incredible opportunity to own a piece of Lake Erie shoreline living at an affordable price. Perfectly positioned to capture breathtaking views of the Buffalo skyline and the sparkling waters of Lake Erie, this charming property offers the lifestyle so many dream about.Situated on a deep, desirable lot, this solidly built and well-kept home has been lovingly maintained throughout the years and offers endless potential for year-round living, a weekend retreat, or future personalization. A separate detached garage adds valuable storage and functionality, while the property itself provides space, privacy, and exceptional outdoor enjoyment.Wake up every morning to panoramic water views, peaceful lake breezes, and unforgettable sunsets right from your own property. Whether you're relaxing with your morning coffee overlooking the water or entertaining family and friends in this exceptional location, 550 Lakeshore Road delivers the perfect blend of character, comfort, and opportunity. This generous lot extends from street to street with convenient rear access, offering potential for a second dwelling, subject to zoning and municipal approvals, or an exceptional fenced space to store your boat or RV. location. Desirable lot. Desirable price.A rare and affordable chance to enjoy waterfront living and experience the beauty of Lake Erie each and every day.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$580,000
Land Transfer Taxes$10,975
Legal Fees (Est.)
$
Total cash required for closing$157,475

Total Monthly Obligation

$3,762/mo
Mortgage $2,924
Monthly Loss $2,992
Principal$770
Interest$2,155
Property Tax$462
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.3%0
5-Year IRR
6.0%14
10-Year IRR
7.5%
Returns Index
8.4/ 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
$28,872/yr
NOI
$15,939/yr
Net Cash Flow
-$1,596/mo
Cash Margin
-66.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
21.3/ 100

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

Comparables

Properties near 550 Lakeshore Road

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.

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Data last updated within the past 24 hours.