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For Sale

61 Queen Street

332 - Central, Fort Erie, ON
$479,900
0Bd
3Ba
sqft
66 x 132 ftlot
CommercialMLS# X12393901Listed 2025-09-10220 DOM

On the market for 220 days — longer than average. The seller may be open to negotiation.

About this home

Truly unique opportunity for homeowners, investors, or entrepreneurs. This versatile property features an owner-occupied unit plus two additional residential units, offering flexible living and income potential. The spacious owner's unit boasts exclusive access to a full basement spanning the entire building, providing exceptional storage or workspace options. Meanwhile, the two additional residential units are currently vacant, allowing for immediate occupancy or tenant selection. Adding to the appeal, the existing zoning (RM1-595) permits the operation of a small business from the front unit, making this an ideal setup for those seeking a live-work opportunity. At the rear of the property, you'll find a large detached structure that includes a covered porch, a workshop, and plenty of additional storage space perfect for hobbyists, entrepreneurs, or those simply needing extra room. It also has a separate electrical service and a Plug hook up for an RV. Located just a short walk from the Niagara River Parkway and the Friendship Trail, outdoor enthusiasts will love the easy access to scenic trails and waterfront activities. Plus, with proximity to shopping, restaurants, and convenient QEW access, everyday needs and commuting are a breeze. Don't miss this rare opportunity to own a multi-functional property in a prime location! Roof shingles on the garage / shop are less than 5 years old. Specific zoning (RM1-595) permits a Take-out Restaurant Use shall be limited to selling ready-to-eat items that do not require commercial kitchen equipment, such as coffee, tea, ice cream, muffins, and cookies prepared off-site.

GarageWaterfront

Features

  • Yes

Financials

Annual Taxes
$3,511

Estimated Rental Income

Entire property$2,500 – $8,000/mo
Rental yield6.3% – 20.0%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Fort Erie

Days on market220 days
Buyer's MarketSeller's Market

Based on active listings in Fort Erie. Data updates daily.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. 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. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$479,900
61 Queen Street, Fort Erie
ShowingCall