473 Garrison Road, Fort Erie, ON, L2A 1N3

MLS® # 40574417

Investment For Sale In Fort Erie Lakeshore, Fort Erie, Ontario

$1,285,000

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473 Garrison Road, Fort Erie, ON, L2A 1N3

$1,285,000

Property Information:

INVESTMENT OPPORTUNITY...Do not miss this once in a Lifetime chance to own prime property located at 473 Garrison Rd, Fort Erie. The potential with this property, located on busy Hwy #3, zoned C3, has Commercial redevelopment opportunity, super commercial visibility, along with potential for new build towns; Drawings, drafts, renderings, survey, soil assessment, Phase 1 reports, applications etc., will be made available to serious parties only. Collect the income stream from the current residential rentals, as the planning process is to build/develop the property. Current Use; The property currently consists of three (3) separate buildings, with 5 residential units that are tenanted, plus there is a vacant office space opportunity; the 5 residential units w/separate hydro meters, 3 of the 5 units have exclusive laundry, 2 units share one common laundry area. The vacant retail/office space, has its own bathroom.The front building; directly on Garrison Road, is a 2 storey duplex with 2-2bedroom units, full/unfinished basement & shared laundry. The back building; directly on Arthur Street, has 1-2bedroom, & 1-3 bedroom unit, each with exclusive laundry, one of the units has access to the garage. The small bungalow located on the west side of the property; is a 1-bedroom, winterized bachelor bungalow, with is own exclusive laundry. Total square footage includes all buildings(excludes office/garage bay). Recent improvements include; freshly painted, flooring, updated bathrooms, newer appliances, newer AC units. This prime location, zoned C3, with parking for 50-60 vehicles, along with close proximity to QEW and Buffalo Peace Bridge…Imagine the possibilities, the potential is here… do not miss this rare opportunity to own a piece of prime land in Fort Erie. Schedule a showing today & realize the potential for yourself!

Inclusions: None,Refrigerator = 5 // Stoves = 4 // Washers = 4 // Dryers = 4

Building Features:

Floor Space: 3430 Square Feet

Property Features:

Bedrooms: 10
Acres Range:
Basement: Separate Entrance, Full, Unfinished
Construction Materials: Aluminum Siding, Stucco
Cooling: Central Air, Wall Unit(s)
Driveway Parking: Outside/Surface/Open
Floor Space (approx): 3430 Square Feet
Heating: Baseboard, Electric, Forced Air, Natural Gas
Interior Features: Separate Hydro Meters
Laundry Features: Common Area, In-Suite
Lot Features: Irregular Lot, Near Golf Course, Greenbelt, Highway Access, Hospital, Library, Major Anchor, Marina, Open Spaces, Park, Place of Worship, Playground Nearby, Public Parking, Public Transit, Rec./Community Centre, School Bus Route, Schools, Shopping Nearby, Trails
Lot Frontage: 140.41 Feet
Other Structures: Shed(s)
Parking Features: Attached Garage
Roof: Asphalt Shing
Water Source: Municipal
Waterfront Features:
Zoning: R3
Sewer: Sewer (Municipal)
No. of Parking Spaces: 26

Courtesy of: RE/MAX GARDEN CITY REALTY INC, BROKERAGE

Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

Location of 473 Garrison Road, Fort Erie, ON, L2A 1N3

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk:

39 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: Very High

39 hot days expected in 2050

64/100

ClimateCheck®

Current data

This property, 473 Garrison Road , experiences 7 hot days per year at around 30 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 39 hot days at 33.6 degrees Celsius.

Projected Avg. Temperature

Past

30℃

2050

33.6℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

66/100

ClimateCheck®

Current data

This property, 473 Garrison Road , experiences 11 significant 2-day storms per year, with about 337.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 414.7mm of precipitation per year.

Precipitation Per Storm

Past

337.5mm

2050

414.7mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 473 Garrison Road, Fort Erie, ON, L2A 1N3

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$92,499.92

Average Number of Children

1.68

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.53 %

High school certificate or equivalent

48.95 %

Apprenticeship trade certificate/diploma

5.89 %

College/non-university certificate

19.0 %

University certificate (below bachelor)

1.47 %

University Degree

7.16 %

Commuter

Travel To Work

By Car

93.5 %

By Public Transit

0.23 %

By Walking

0.78 %

By Bicycle

0.0 %

By Other Methods

5.49 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

27.17 %

Houses

72.83 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 473 Garrison Road, Fort Erie, ON, L2A 1N3

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 473 Garrison Road, Fort Erie, ON, L2A 1N3

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

473 Garrison Road, Fort Erie, ON, L2A 1N3

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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