197 Murray Street, Fort Erie, ON
L2A 2B7
Listed October 28, 2026
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About this property
This solid, recently renovated 1.5-storey home offering revenue generating solar panels between $5,500 and $6,500. 4 bedrooms and a generous corner lot in a desirable neighbourhood. This property is ideal for those needing ample parking space (2 separate driveways), a detached garage, and a deep lot. Thoughtfully designed, this turnkey family home features updated kitchen, bathroom, flooring, new windows, doors, painted inside and out. The lower level is set for further finishing and offer a walkup which is ideal for in-law setup. The main floor includes an eat-in kitchen, living room, two bedrooms, and a 3-piece bathroom along with a cozy den with a fireplace overlooking at the back yard. Additional features include central air, fireplace, patio, and 2 driveways for parking, Conveniently located close to schools, parks, shopping, and local amenities, with quick access to the QEW and the Peace Bridge for an easy commute to Buffalo. Tenant to pay heat, hydro, and water in addition to rent.
Features
Property Details
Listing
Property
Location
Taxes & Financials
Carrying Costs Calculator
What it could cost each month to rent 197 Murray Street — rent, utilities, tenant insurance, internet and parking — plus the cash you’ll need to move in. Change any number to match your situation.
Rent
From the listing.
Utilities
The listing says the tenant pays this.
The listing says the tenant pays this.
The listing says the tenant pays this.
Many Ontario homes rent their water heater — add it if the landlord passes it on.
Other monthly costs
Typical in Ontario — many landlords require it.
A typical plan in the area.
Add it if parking costs extra.
Coin laundry, a storage locker or other regular costs.
Moving in
Refundable when you return the keys — ask the landlord for the amount.
A typical local move with movers — less if friends help.
Account opening and installation fees.
Estimated monthly carrying cost
$2,785/mo
About $33,420 a year
- Rent$2,350
- $330
- Tenant insurance$30
- Internet$75
Cash needed to move in
- First month's rent
- $2,350
- Last month's rent deposit
- $2,350
- Key / fob depositRefundable
- $100
- Moving & set-upEstimate
- $2,400
- Total
- $7,200
Your first 12 months
- Rent and monthly costs12 months
- $33,420
- Moving & set-up
- $2,400
- Total
- $35,820
Deposits aren’t an extra cost: the last-month deposit pays your final month and the key deposit comes back when you return the keys.
Planning ahead
- Household income to keep rent + utilities at 30%CMHC's affordability guideline — landlords often use a similar test
- $108,000/yr
- Highest rent at your first renewalOntario's 2027 guideline (1.9%), once a year with 90 days' written notice. Units first lived in after November 15, 2018 aren't capped.
- $2,395/mo
Estimates only — not legal or financial advice. Deposits and rent increases follow Ontario’s Residential Tenancies Act; utilities, insurance, internet and moving costs are typical figures for the area. Confirm what the rent includes with the landlord before you sign.
Location & Walkability
197 Murray Street, Fort Erie, ON
Map data © GoogleOpen in Google Maps ↗
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Last Updated: October 28, 2026
Listing Office: Century 21 Heritage House LTD
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