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$574,900
Status: For Sale
Excellent 4 plex features 4 2 bedroom apartments and incredible future income and expansion potential! Solid building with many updates. 4 separate hydro meters. 4 separate gas meters. Nice, neat and clean. Updated windows, and roof. Located on .32 of an acre, this lot offers lots of room for expansion and the creation of additional units. (Buyer to verify with the Town of Fort Erie). Very reasonable expenses. Average water bill is $156.00 and insurance is $242.00 per month. 4 long term tenants. Current rents are substantially under market value. A new owner can renovate each unit as they become available, and increase the rents to market level. Wonderful opportunity for a patient and experienced real estate investor.
| Property Type | :Residential Freehold |
|---|---|
| MLS Number | :X13681028 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :13 Oct, 2026 (9 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Niagara |
|---|---|
| Postal Code | : L0S 1B0 |
| Price | : $574,900 |
|---|---|
| Property Taxes | :$4092.0 |
| Tax Year | :2025 |
|---|
| Bedrooms | :8 + |
|---|---|
| No. of Rooms | :16 |
| Heating | :Baseboard |
| Cross Street | :DERBY AND WELLINGTON |
| Bathrooms | :4 |
|---|---|
| Fuel | :Electric |
| Approx Square Footage | :2000-2500 sqft |
| Fireplace/Stove | :No |
| Exterior Finish | :Aluminum Siding, Vinyl Siding |
|---|---|
| Parking Space | :8 |
| Basement | :Partial Basement |
13 Oct, 2026
TREB #X13681028
Price Change
$574900.0
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$574,900
3993 Wellington Court, Niagara, ON
Listing ID #X13681028
Price drop by $25,000
Price drop by $25,000