




61 Princess Street, Fort Erie, ON
L2A 1V8
Listed October 15, 2026
About this property
An exciting opportunity in the heart of Fort Erie! Offering two separate living spaces, a vacant main level and an established upper-level A+ tenant who would love to stay, this versatile property presents an appealing opportunity for buyers seeking flexible living arrangements and potential rental income. The main floor features three bedrooms, a spacious living room with large windows, a separate dining area, a generously sized kitchen with ample cabinetry and counter space, and a full bathroom. Upstairs, you'll find an additional two bedrooms, a comfortable family room, an eat-in kitchen and a full bathroom, creating a functional and inviting living space. A standout feature of the upper level is the expansive private balcony, providing additional outdoor space to relax after a long day or enjoy your morning coffee. The large unfinished basement provides exceptional space for storage, a workshop, hobbies or projects, adding even more versatility to the property. Outside, enjoy a fenced backyard, storage shed and a paved driveway with ample parking. Situated in an established neighbourhood, this property is conveniently located just minutes from the Peace Bridge with easy access to the QEW, shopping, restaurants, schools, parks and everyday amenities. Enjoy the nearby Niagara River, scenic waterfront trails and beautiful Lake Erie, with beaches and recreational opportunities just a short drive away. Whether you're looking for a home with additional living space, exploring investment possibilities or seeking a property that offers flexibility for the future, 61 Princess Street is full of opportunity!
Features
Property Details
Listing
Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 61 Princess Street — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$99,980 · Minimum $24,995
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
$3,293/mo
About $39,516 a year
- $2,211
- $210
- Home insurance$125
- Utilities$330
- Maintenance & repairs$417
Cash needed to close
- Down payment (20%)
- $99,980
- Ontario land transfer tax
- $6,473
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $108,953
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
61 Princess Street, Fort Erie, ON
Map data © GoogleOpen in Google Maps ↗
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Last Updated: October 15, 2026
Listing Office: EXP REALTY
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