3705 WILLSON Street
Fort Erie, ON
- 6 bed
- 4 bath
- approx. 2000-2500 sqft
- Fourplex
- 75 days on market
Exceptional investment opportunity in the heart of Ridgeway! Welcome to 3705 Willson Street - a well-maintained legal non-conforming fourplex situated on a large corner lot with ample parking and tremendous long-term upside.This turnkey income property features four self-contained units comprised of two 2-bedroom units and two 1-bedroom units, all currently tenanted on month-to-month leases. The 2-bedroom units generate $1,650/month each, while the 1-bedroom units generate $1,300/month each, offering strong and consistent rental income. With a projected cap rate of approximately 6.8%, this property presents an attractive opportunity for investors seeking solid returns.Pride of ownership is evident throughout. The building has been extremely well maintained, with updated major components including a metal roof, newer siding, and a newer furnace. All units are in excellent condition and have been carefully cared for, making this an ideal opportunity for both seasoned and first-time investors.Located in desirable Ridgeway, just minutes from Crystal Beach, shopping, restaurants, and local amenities, this property offers strong tenant appeal in a growing rental market.With a strong income stream, excellent condition, and plenty of future potential, this is a rare opportunity to add a solid multi-residential asset to your portfolio.
Listing Details
- Taxes (2025)
- $4,619
- Listed
- June 24, 2026
Price History
Property
- Style
- 2-Storey
- Age
- 100+
- Construction
- Other, Vinyl Siding
- Roof
- Metal
- Foundation
- Concrete Block
- Interior
- Separate Hydro Meter, Storage
- Lot Size
- 123.08 x 74.57 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 6
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Ridge Rd N
- Zoning
- TRM
- Parcel Number
- 641920198
- Possession
- Immediate
- Occupancy
- Tenant
Included
- Exclusions
- tenant's contents
Schools
Elementary
- John Brant Public School0.8 km
Public · DSB Niagara · 655 students
Grade 3 reading: 77% met the provincial standard · Grade 6 math: 69% met the provincial standard
- St George Catholic Elementary School1.3 km
Catholic · Niagara CDSB · 245 students
Grade 3 reading: 83% met the provincial standard · Grade 6 math: 91% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L0S
- Population
- 60,409
- Private dwellings
- 28,128
- Median age
- 53.2
- Average household size
- 2.4
- Median household income
- $95,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Fort Erie · last 12 months
- Median sold price
- $545,000
- Homes sold
- 636
- Median days on market
- 43
- Sale-to-list price
- 95.5%
Based on 636 recorded sales of residential freehold properties in Fort Erie over the last 12 months.
Listed by
RE/MAX NIAGARA REALTY LTD, BROKERAGE
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Location
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Mortgage Calculator
$169,980
Estimated Monthly Payment
$4,175
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,175/mo (20% down, 5.5%)
Taxes: $385/mo · Insurance: $212/mo
Estimates only. Consult a financial advisor.
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