DAVIDS&DELAAT
387 Elmwood Avenue
+35 more

387 Elmwood Avenue, Fort Erie, ON

$525,000
For Sale

L0S 1B0

Listed October 30, 2026

3Bedrooms
3Bathrooms
1,100Sq. Ft.

Property Tour

About this property

**3 DETACHED BUNGALOWS, ONE LOT, ENDLESS POSSIBILITIES!** That's right, you're getting THREE separate, fully winterized, one-bedroom bungalows, all sold together as ONE package deal, just steps from Crystal Beach! Whether you're looking to expand your investment portfolio, live in one and rent out the other two, or create the perfect setup for multi-generational living (close to the in-laws, but not TOO close!), this is an opportunity you don't see every day. All three units are VACANT and ready for immediate possession, giving you the freedom to choose your own tenants, set your own rental rates (Previously rented for $1400+hydro each), or move right in! Each bright and inviting bungalow features one bedroom, a 4-piece bathroom, an open-concept kitchen and living area, and vaulted ceilings that make the space feel surprisingly spacious. Extensively updated over the past 13 years, improvements include spray foam insulation in the walls, ceilings and crawl spaces, windows, roofs (2018), vinyl siding, updated kitchens and bathrooms, flooring, electrical, plumbing, private decking and stamped concrete walkways. Each bungalow also features ductless heating and air conditioning (installed in 2022), plus back up electric baseboard heating for year-round comfort. Here's where it gets even better: All three bungalows share ONE property tax bill and ONE water/sewer bill, with THREE separate hydro meters. No natural gas bills to worry about! Enjoy the convenience of three independent living spaces on one property, within walking distance of Crystal Beach, local restaurants, shops and everything this vibrant beach community has to offer. Three bungalows. One property. Your tenants, your family, your future plans. Vacant, versatile and ready for its next chapter!

Features

Air Conditioning

Property Details

Listing

MLS® NumberX14134124
StatusFor Sale
ListedOctober 30, 2026
Listing TypeFor Sale
Listing OfficeROYAL LEPAGE NRC REALTY

Property

Property TypeSingle Family Home
Interior Size1,100 ft²
Bedrooms3
Bathrooms3

Location

Community337 - Crystal Beach
CityFort Erie
ProvinceON
Postal CodeL0S 1B0

Taxes & Financials

Asking Price$525,000
Property Taxes (2026)$2,653/yr

Cost of Ownership Calculator

What it could cost each month to own 387 Elmwood Avenue — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.

Your mortgage

$105,000 · Minimum $27,500

Use the rate your lender or broker quotes you.

Monthly costs

From the listing (2026 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

$3,436/mo

About $41,232 a year

  • $2,322
  • $221
  • Home insurance$125
  • Utilities$330
  • Maintenance & repairs$438

Cash needed to close

Down payment (20%)
$105,000
Ontario land transfer tax
$6,975
Legal fees, title insurance & inspectionEstimate
$2,500
Total
$114,475

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

387 Elmwood Avenue, Fort Erie, ON

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Last Updated: October 30, 2026

Listing Office: ROYAL LEPAGE NRC REALTY

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