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215 GARRISON ROAD, Fort Erie (Lakeshore), Ontario

$3,199,000

23 bath · 12,000 sq ft

MLS® X13885644

Renovated 22-unit ensuite motel plus owner living quarters in a prime Fort Erie location, minutes from the Peace Bridge border crossing to Buffalo and approx. 30 km from Niagara Falls. Approx. 12,000 sq. ft. building on a 0.92-acre lot. Over $645k in capital upgrades in last three years: new roof, new heating and cooling in every room, upgraded electrical panel and wiring, new fire alarm system, new boilers and hot water tanks, new flooring, fresh paint throughout, new furniture, perimeter fencing, and a surveillance system with smart locks on all doors.Each of the 22 ensuite rooms features air conditioning, cable TV, fridge, microwave and private bathroom. The property also includes generous owner accommodation (separate owner/manager unit plus a 4-bedroom/2-bathroom suite), approx. 35 parking spaces.Ideal location on Hwy #3 with quick access to the Peace Bridge border crossing into Buffalo, New York, and the scenic Niagara Parkway. Minutes to Old Fort Erie, the Fort Erie Race Track, Lake Erie beaches including Crystal Beach, and championship golf courses. Town approval in place for seasonal student-residence use during the school year, offering added income flexibility. Clean Environmental Site Assessments available from 3 years ago. Rare opportunity to own a turn-key, income-producing motel at the gateway to Buffalo and Niagara. (id:56426)

Emily Ye Fraser

Listed by REVEL Realty Inc., Brokerage

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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.

The neighbourhood

About the area

Census figures and the live market for the area this home sits in, matched from the property’s own location on the map.

Population
15,004
Median household income
$71,766
Median home value
$482,504
Owner-occupied
73%
Homes for sale
201
Median list price
$539,900

Source: Statistics Canada 2021, LiveBy

Map of Fort Erie
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Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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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.

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