231-233 Jarvis Street, Fort Erie, ON
L2A 2S7
Listed July 22, 2026
Virtual Tour
About this property
Rare investment and live-in opportunity at 231-233 Jarvis St. in Fort Erie! Situated on a generous 50' x 138' lot just moments from historic Bridgeburg, the Niagara River, the Friendship Trail, the Peace Bridge, and quick QEW access, this unique property features two standalone buildings with a total of three units. Offering far more privacy and owner-occupancy appeal than a traditional triplex, it is ideal for first-time buyers looking for rental income to offset their mortgage, multi-generational families, or savvy investors seeking strong cash flow in a booming market. The front duplex consists of two well-designed 2-bedroom units, each boasting its own cozy gas fireplace and separate utility meters. The vacant upper unit has been freshly painted and upgraded with brand-new flooring and light fixtures, leaving you free to move right in or set your own market rents immediately. The lower unit is meticulously maintained and occupied by an excellent, reliable long-term tenant. Tucked behind for ultimate privacy is a separate 1,206 sq. ft. rear house featuring 3 bedrooms, an enclosed sunroom, and its own expansive backyard. Currently rented, this rear home offers immense potential for value-add renovations to maximize future appreciation. Enjoy complete peace of mind with newer roofs and windows on both structures. Positioned in an area experiencing great growth and high rental demand, this versatile, multi-building package represents one of the best real estate opportunities on the market today!
Features
Property Details
Listing
Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 231-233 Jarvis Street — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$113,980 · Minimum $31,990
Use the rate your lender or broker quotes you.
Monthly costs
From the listing (2025 tax bill).
Leave at $0 if there isn't one.
Typical for this kind of home.
Hydro, heating, water and sewer.
About 1% of the price a year, set aside.
One-time costs
A typical estimate — your lawyer will confirm.
Estimated monthly cost of ownership
$3,633/mo
About $43,596 a year
- $2,521
- $182
- Home insurance$125
- Utilities$330
- Maintenance & repairs$475
Cash needed to close
- Down payment (20%)
- $113,980
- Ontario land transfer tax
- $7,873
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $124,353
Estimates only — not a mortgage approval, quote or tax advice. Payments assume a fixed rate compounded semi-annually; minimum down payments, mortgage insurance and land transfer tax follow current CMHC and Ontario rules. Insurance, utilities and upkeep are typical figures for the area. Your lender, lawyer and insurer will confirm your exact costs.
Location & Walkability
231-233 Jarvis Street, Fort Erie, ON
Map data © GoogleOpen in Google Maps ↗
Similar Properties Nearby
View all →
For SaleFort Erie
$574,900
3993 Wellington Court
For SaleFort Erie
$595,000
245 Stanton Street
For SaleFort Erie
$519,900
185 Catherine Street
For SaleFort Erie
$479,900
14 Emerick Avenue
For SaleFort Erie
$429,900
20 Dufferin Street
For SaleVirtual tourFort Erie
$414,900
255 Jarvis Street
Last Updated: July 22, 2026
Listing Office: ROYAL LEPAGE NRC REALTY
This listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.