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Investment signal

$465,000

12 ERIE Boulevard Unit# 207

Save this home

Beds

2

Baths

2

Sqft

Year

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Long Point. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Just in time for summer—welcome to 12 Erie Boulevard, Unit 207 in beautiful Long Point! This second-floor condo offers a spacious 2-bedroom, 2-bathroom layout, combining comfort and convenience. Features include hardwood flooring, a stylish kitchen, and an open-concept living and dining area with sliding doors leading to a private covered porch—perfect for enjoying the fresh lake air. The primary bedroom offers a 4-piece ensuite, while a second bedroom, 3-piece bathroom, in-suite laundry, and ample storage complete the interior. Being sold fully furnished, this unit is move-in ready—just arrive and enjoy. Condo fees include all utilities, building insurance, common elements, cable TV, internet, parking and more…..providing truly low-maintenance living. The building features secure entry, a rooftop patio with BBQ, and exclusive beach access. Ideally located close to shopping, restaurants, golf, and the marina. Perfect as a year-round home, weekend getaway, or investment opportunity in Norfolk County. (id:65958)

Subtype
Single Family
Structure
Apartment
Community
Port Rowan
Common interest
Condo/Strata
Living area
1,000 square feet
Bedrooms
2 above grade, 0 below grade
Parking
1 total
Condo/HOA fee
$925.57 monthly
Stories
1
On market
Apr 21, 2026
Status changed
Apr 22, 2026
Annual tax
$5,823
Zoning
LP
Photos
32
MLS#
40820900
Area
LONG_POINT

Features and systems

Parking

Open

Basement

None

Appliances

WasherRefrigeratorDishwasherStoveDryerWindow CoveringsMicrowave Built-in

Heating

Forced air

Cooling

Central air conditioning

Exterior

Metal

Lot

Southern exposureBalconyPaved driveway

View

Direct Water View

Waterfront

Waterfront

Security

Smoke Detectors

Fee includes

LandscapingProperty ManagementCable TVHeatElectricityWaterInsuranceParking
Negative cash flow ~$550/mo at these assumptions

Cash on cash

-7.10%

Cap rate

3.44%

GRM

16.7

Break-even rent

$2,904

Financing

Down payment$93,000
Loan amount$372,000
Mortgage$1,885/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$213
Insurance$80
Maintenance$388
CapEx reserve$194
Vacancy loss$116

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,885/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 22, 2026.

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