Real Estate

Listing of the week: $1.9 million for this Lake Erie cottage with rental units for extra income

474 Lakeshore Rd, Fort Erie, Ont.

Lake: Lake Erie

Bedrooms: 3

Bathrooms: 2.5

Lot size: 1.197 acres

Frontage: 50.28 feet

Asking price: $1,900,000.00

Taxes: $3,787.99

Date listed: May 22, 2024

Listing agent: Jarrett James, RE/MAX Niagara Realty Ltd.

About the property

Welcome to 474 Lakeshore Rd, a unique waterfront property offering an unparalleled lifestyle with profitable income potential. This exquisite 1.2-acre estate features a fully renovated turnkey three-bedroom, three-bath main house, showcasing an open-concept living, dining, and kitchen area with direct, uninterrupted views of the lake. Elegance and modern luxury are embedded in every detail of the main residence, from the sleek finishes to the expansive windows that frame the serene waterfront. Additionally, the property includes three rental units—a charming two-bedroom, one-bath two-story home and a duplex, each with a one-bedroom, one-bath unit. These well-appointed rentals present a significant income opportunity, each offering privacy and comfort. Situated close to downtown, this property marries tranquillity with convenience, as all urban amenities are just a short drive away. Whether you’re looking for a family home with supplemental income or an investment with exceptional returns, 474 Lakeshore Rd offers both in a spectacular setting. Experience the best of waterfront living with a smart financial future secured by this impressive property.

What are the main selling features?

  • Waterfront property
  • Open-concept living space
  • Modern finishes
  • Expansive windows
  • Serene waterfront

What makes this property unique?

  • Fully renovated main house
  • Views of the lake
  • Close to downtown amenities
  • Income potential with a main house and three additional rental units

Would you like to list your cottage on our website? Email listingoftheweek@cldigipubdev.wpengine.com.

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