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Investment signal

$1,300,000

4064 ERIE ROAD

Beds

Baths

5

Sqft

Year

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Exceptional Investment in the Heart of Crystal Beach. ----Discover an outstanding investment opportunity in one of Ontario's most sought-after beach communities. Just a three-minute walk from the white sandy shores and crystal-clear waters of Lake Erie, this fully renovated commercial and residential property delivers both steady income and impressive future potential. Perfectly positioned along high-traffic Erie Road and surrounded by popular restaurants, boutiques, and seasonal attractions, the property offers prime visibility and constant foot traffic. Spanning 3,600 square feet across two levels, plus a 1,200-square-foot outdoor deck, the building has undergone more than $600,000 in upgrades between 2020 and 2025. Renovations include new electrical, plumbing, HVAC, windows, roof, siding, flooring, bathrooms, and drywall, creating a completely turnkey investment. The main level features two fully leased commercial units, while the upper level hosts beautifully finished, fully furnished Airbnb suites that generate additional rental income. Situated on a generous lot with room for future expansion, this property is ideal for investors or entrepreneurs seeking growth in a thriving lakeside destination. Opportunities like this are rare in Crystal Beach. This lakeside community offers an incredible lifestyle just minutes from local shops, restaurants, trails, and everyday amenities. Close to Fort Erie, the Peace Bridge to the USA, Niagara Falls, Niagara-on-the-Lake, and Toronto is just 90 minutes away. Come see for yourself (id:65958)

Subtype
Business
Community
337 - Crystal Beach
Living area
5,134 square feet
Lot dimensions
73 x 70 FT
Parking
2 total
On market
Apr 16, 2026
Status changed
Apr 16, 2026
Annual tax
$9,742
Zoning
C2
Photos
27
MLS#
X13005820
Area
FORT_ERIE_(CRYSTAL_BEACH)

Features and systems

Parking

Other

Heating

Forced airNatural gas

Cooling

Fully air conditioned
Negative cash flow ~$2,506/mo at these assumptions

Cash on cash

-11.57%

Cap rate

3.58%

GRM

16.7

Break-even rent

$9,138

Financing

Down payment$260,000
Loan amount$1,040,000
Mortgage$6,380/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$596
Insurance$80
Maintenance$1,083
CapEx reserve$542
Vacancy loss$325

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle nearby

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

Mortgage estimate

Estimated $6,380/mo at 5.49% with 20% down, 25-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 16, 2026.

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