1-111 Niagara Blvd
Central, Fort Erie, Ontario L2A 3G3
- Bedrooms
- 3
- Bathrooms
- 4
- Size
- 3,000–3,500sq ft
- Per sq ft
- $517at the range’s middle
- Lot
- 30.08 x 68 ft
- Tax a year
- $9,4002025 tax year
- Parking
- 30none
- Days on market
- Members
The brief
About 1-111 Niagara Blvd
1-111 Niagara Blvd is a 3-bedroom, 4-bathroom home in Central, Fort Erie, listed for sale at an asking price of $1,680,000 (MLS® X14148678).
An exceptional opportunity in one of Fort Erie's most recognizable waterfront corridors. This fully improved, three-level mixed-use commercial property offers nearly 3,500 sq. ft. of finished space and exceptional flexibility for an investor or owner-operator. The main level is a fully equipped commercial space ideally suited for a café, cocktail lounge, wine bar, dessert concept, or hybrid food-and-beverage destination. Features include a kitchenette, bar area, wine cellar, patio seating, exterior service window ideal for ice cream, coffee and seasonal grab-and-go sales, and two 2-piece bathrooms. Liquor licence is transferable and the turn key business known as "Sophia's Cocktail Lounge" along with the chattels, are included with the sale. The second and third levels feature a spacious three-bedroom, two-bathroom apartment, providing additional income potential or an excellent owner's residence. The apartment also features an impressive 560 sq. ft. rooftop terrace and exceptional views of the waterfront. The property is equipped with a monitored security system and offers plenty of parking on the gated property next door, secured through a fully paid 49-year land lease. Ideally positioned near the Niagara River and Peace Bridge, the property benefits from consistent local, tourist and cross-border traffic. A rare opportunity to acquire a versatile, ready-to-operate commercial property with multiple potential revenue streams and minimal startup requirements.
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$5,848/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 14 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
- $9,400 / 2025
- MLS® number
- X14148678
- Board
- TRREB MLS®
- Property Type
- Store W/Apt/Office
- Days on market
- Size
- 3000-3500 sqft
- Lot Size
- 30.08 x 68 ft
- Listed on
- Parking
- None, 30 Parking
Property details
Property
- Property Type
- Store W/Apt/Office
- Style
- 3-Storey
- Community
- Central
- Municipality
- Fort Erie
Building
- Size
- 3000-3500 sqft
- Construction
- Stucco/Plaster
Inside
- Bedrooms
- 3
- Bathrooms
- 4
- Bathroom Details
- 2 × 2pc Main, 1 × 4pc 2nd, 1 × 4pc 3rd
- Basement Type
- Partial Basement
- Kitchens
- 2
Parking
- Garage Type
- None
- Additional Parking
- 30
- Total Parking
- 30
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 30.08 ft
- Depth
- 68 ft
- Lot Size
- 30.08 x 68 ft
Additional
- Foundation
- Stone
- Roof
- Membrane
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 1-111 Niagara Blvd, 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 | $1,680,000 | N/A | For Sale | X14148678 |
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
- $336,000
- Total mortgage amount
- $1,344,000
- Total interest payment
- $955,500
- Total purchase cost
- $2,635,500
- Mortgage payment
- $7,665/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
81%Monthly carrying cost
$8,448- Rent $2,600
- Shortfall $5,848
Rental income opens at $2,600, the median asking rent of 14 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
- $30,075
- Total land transfer tax
- $30,075
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $26,075
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 $1,680,000
- $25,600
- Ontario total
- $30,075
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
- 2,045 sq ft190 m²
- Street frontage
- 30.08 ft9.2 m
- Depth
- 68 ft20.7 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.
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 m3 test or monitoring holes also recorded.250 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 3.1 km3.1 km
Province of Ontario open data
Around the home1
- A trail on the Ontario trail network within 1 km1 km
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 CanadaThe nearest is RICH PRODUCTS OF CANADA LIMITED, 1.3 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- 1 federal contaminated site within 1 kmAll of them are closed. The federal inventory covers federal land only, not 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 a household 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.40 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion. 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
Homes for sale in Central right now
- For sale now
- 17
- Median asking price
- $1.2M
- New in 7 days
- 2
- Price cuts
- 18%
Middle half: $650K to $1.5M
2 in 28 days
3 listings
This home is asking 40% above the median, higher than three quarters of them.
See all homes in CentralAsking 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 |
|---|---|---|---|
| Our Lady of Victory Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 | 1 km | 71%Grade 6 average |
| Peace Bridge Public SchoolDSB Niagara | Public · grades JK–8 | 1.3 km | 94%Grade 6 average |
| Garrison Road Public SchoolDSB Niagara | Public · grades JK–8 | 3.9 km | 86%Grade 6 average |
| St Philomena Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 | 4.9 km | 80%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Greater Fort Erie Secondary SchoolDSB Niagara | Public · grades 9–12 | 5.7 km | 52%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
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Sold prices in Central are shown to signed-in members.