387 Elmwood Ave
Crystal Beach, Fort Erie, Ontario L0S 1B0
- Bedrooms
- 3
- Bathrooms
- 3
- Size
- 1,100–1,500sq ft
- Per sq ft
- $404at the range’s middle
- Lot
- 33.33 x 80 ft
- Tax a year
- $2,6532026 tax year
- Built
- 100+
- Parking
- 2none
- Days on market
- Members
The brief
About 387 Elmwood Ave
387 Elmwood Ave is a 3-bedroom, 3-bathroom detached house in Crystal Beach, Fort Erie, listed for sale at an asking price of $525,000 (MLS® X14134124).
**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!
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Covers costs73/100+$333/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 9 detached homes with 3 bedrooms for lease in Fort Erie right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $2,653 / 2026
- MLS® number
- X14134124
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 100+
- Days on market
- Size
- 1100-1500 sqft
- Lot Size
- 33.33 x 80 ft
- Listed on
- Parking
- None, 2 Parking
Property details
Property
- Property Type
- Detached
- Style
- Bungalow
- Community
- Crystal Beach
- Municipality
- Fort Erie
Building
- Size
- 1100-1500 sqft
- Building Age
- 100+
- Construction
- Vinyl Siding
Inside
- Bedrooms
- 3
- Bathrooms
- 3
- Bathroom Details
- 3 × 4pc Main
- Basement Type
- Crawl Space
- Kitchens
- 3
Parking
- Driveway
- Pvt Double
- Garage Type
- None
- Additional Parking
- 2
- Total Parking
- 2
Utilities
- Water
- Municipal
- Cooling
- Wall Unit
- Heating Type
- Heat Pump
Land
- Sewer
- Sewers
- Frontage
- 33.33 ft
- Depth
- 80 ft
- Lot Size
- 33.33 x 80 ft
Additional
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- 3 x fridges, 3 x stoves, 3 x microwaves, 1 shed.
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 387 Elmwood Ave, Fort Erie, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $525,000 | N/A | For Sale | X14134124 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $105,000
- Total mortgage amount
- $420,000
- Total interest payment
- $298,800
- Total purchase cost
- $823,800
- Mortgage payment
- $2,396/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
9%Monthly carrying cost
$2,617- Carrying cost $2,617
- Surplus $333
Rental income opens at $2,950, the median asking rent of 9 comparable homes for lease in Fort Erie. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $6,975
- Total land transfer tax
- $6,975
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $2,975
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $525,000
- $2,500
- Ontario total
- $6,975
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 2,666 sq ft248 m²
- Street frontage
- 33.33 ft10.2 m
- Depth
- 80 ft24.4 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation2
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m1 test or monitoring hole also recorded.250 m
Province of Ontario open data
Planning and building activity1
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaOnly facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Canadian Niagara Power Inc.At the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell. Cable: Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, Last Mile Wireless Internet, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Niagara Peninsula Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
The market
Detached homes for sale in Crystal Beach right now
- For sale now
- 55
- Median asking price
- $650K
- New in 7 days
- 5
- Price cuts
- 40%
Middle half: $442K to $899K
12 in 28 days
22 listings
This home is asking 19% below the median.
See all homes in Crystal BeachAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St George Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 | 1.3 km | 97%Grade 6 average |
| John Brant Public SchoolDSB Niagara | Public · grades JK–8 | 1.9 km | 84%Grade 6 average |
| Stevensville Public SchoolDSB Niagara | Public · grades JK–8 | 8.9 km | 88%Grade 6 average |
| St Philomena Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 | 8.9 km | 80%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Greater Fort Erie Secondary SchoolDSB Niagara | Public · grades 9–12 | 8.3 km | 52%Grade 9 math |
| Lakeshore Catholic High SchoolNiagara CDSB | Catholic · grades 9–12 | 15 km | 48%Grade 9 math |
| Port Colborne High SchoolDSB Niagara | Public · grades 9–12 | 16 km | 62%Grade 9 math |
| Eastdale Secondary SchoolDSB Niagara | Public · grades 9–12 | 19 km | 43%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
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Sold prices in Crystal Beach are shown to signed-in members.