187 Bertie Street, Fort Erie

$474,900
187 Bertie Street

$474,900

New
3d
DetachedBungalow

187 Bertie Street, Fort Erie

Total Monthly Obligation $2,488

Beds
2
Baths
2
Park
4
Sqft
700-1100
DOM
3d
Score
26
Yield
6.6%
Cash on Cash
4.5%
Cap Rate
5.6%
5Y IRR
19.2%
10Y IRR
17.6%
Property Type-Detached
MLS® Number-X14098242
Beds-2
Bathrooms-2
Size-700-1100 sqft
Lot Size-42 × 125 ft
Listed on site-Oct 20, 2026
Style-Bungalow
Building Type-Detached
Taxes-$2,369.16 (2026)
Parking-4 - None
Basement-Full, Walk-Up, Partially Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-332 - Central
Title-Residential Freehold

No agent assigned

Welcome to 187 Bertie St, a charming and well-maintained 2-bedroom, 2-bathroom bungalow situated on a 42x125ft lot, offering comfortable living, versatile space and a backyard that's sure to impress! With attractive curb appeal, beautifully maintained gardens and a spacious concrete driveway with ample parking, this inviting home offers an excellent opportunity for first-time buyers, downsizers or anyone seeking a home with character, comfort and plenty of room to entertain. Step inside to a bright and welcoming living room featuring a large front window that fills the space with natural light. The adjoining dining area offers built-in shelving and cabinetry, while the kitchen features ample cabinetry, generous counter space, a convenient breakfast bar and easy access to the backyard. Two comfortable bedrooms and an updated 4-piece bathroom complete the main level. Downstairs, the finished basement offers additional living space, currently set up as an impressive home gym but easily adaptable to suit your needs, along with a convenient 2-piece bathroom, utility area, storage and a separate exterior entrance. Outside is where this property truly shines! The beautifully landscaped backyard has been thoughtfully designed to create an incredible setting for entertaining, relaxing and enjoying the outdoors. A spacious screened-in porch overlooks the backyard, while the covered outdoor bar area is perfect for summer gatherings. Enjoy evenings around the firepit, practice your putting skills on your very own putting green or relax beneath the shade of mature trees. Attractive walkways connect the outdoor spaces, creating your own personal backyard getaway. Conveniently located near parks, schools, shopping, restaurants, the Niagara River, Peace Bridge and highway access, this property offers the perfect balance of everyday convenience and outdoor enjoyment. A wonderful place to call home, with inviting living spaces and an outdoor setting that truly sets it apart.

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

Closing Costs

Mortgage Amount
$379,920
Land Transfer Taxes$5,973
Legal Fees (Est.)
$
Total cash required for closing$102,453

Total Monthly Obligation

$2,488/mo
Mortgage $1,916
Monthly Loss $1,984
Principal$504
Interest$1,412
Property Tax$197
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.5%32
Cash-on-Cash
-1.7%5
5-Year IRR
14.3%67
10-Year IRR
14.0%
Returns Index
35.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
26/ 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
$31,200/yr
NOI
$21,211/yr
Net Cash Flow
-$148/mo
Cash Margin
-5.7%2
Cash Flow Index
1.6/ 100
Risk Profile
Weight: 20%
DSCR
0.9221
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo66
Risk Index
35.1/ 100

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

Comparables

Properties near 187 Bertie Street

Time

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