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Investment signal

$524,900

146 BELVIDERE ROAD

Save this home

Beds

5

Baths

2

Sqft

Year

Type

Single Family

Suite

Suite potential

Location 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.

About this home

Welcome to 146 Belvidere Road in Crystal Beach-an incredible opportunity for multi-generational living or savvy investors looking to offset their mortgage with rental income. Thoughtfully set up with two units, this property offers the flexibility to live in one while renting the other, all in one of the area's most walkable and vibrant communities. The main unit features a bright, open-concept layout with a seamless flow between the living, dining, and kitchen spaces-perfect for everyday living and entertaining. A newer gas fireplace adds warmth and character, while the high-efficiency gas forced air furnace and owned hot water tank provide comfort and peace of mind. This unit includes one bedroom on the main floor, two additional bedrooms upstairs, a full four-piece bathroom, and a massive upper-level family room with bonus space currently used for storage-offering exciting potential for another bedroom or to customize to your needs. The secondary unit is equally inviting, offering a newer kitchen, living, and dining area, along with two bedrooms-ideal for extended family or tenants. Both units are equipped with new stainless steel appliances, and share a conveniently located laundry area. Situated on a 35' x 87'-foot lot (note: rear portion of the lot is not included), this property places you just steps from everything Crystal Beach has to offer. Enjoy a short walk to the shops, restaurants, and charm of "Hot Dog Alley," a quick trip into downtown Ridgeway, and easy access to the beach-just a 15-minute walk or short bike ride away. If you're looking to make a move to Crystal Beach and embrace a more relaxed, low-maintenance lifestyle with built-in flexibility, this is a rare opportunity to do just that! (id:65958)

Subtype
Single Family
Structure
House
Community
337 - Crystal Beach
Common interest
Freehold
Lot dimensions
35.1 x 87 FT
Bedrooms
5 above grade
Parking
3 total
Stories
1.5
Fireplace
1
On market
Apr 17, 2026
Status changed
Apr 17, 2026
Annual tax
$3,000.56 (2025)
Zoning
R2
Photos
36
MLS#
X13010648
Area
FORT_ERIE_(CRYSTAL_BEACH)

Features and systems

Parking

No Garage

Basement

Crawl space

Appliances

Water meter

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Vinyl siding

Foundation

Block

Lot

Flat siteGuest SuiteIn-Law Suite

Community

School Bus

Utilities

SewerElectricityCable
Positive cash flow ~$31/mo at these assumptions

Cash on cash

0.35%

Cap rate

4.93%

GRM

13.3

Break-even rent

$3,268

Financing

Down payment$104,980
Loan amount$419,920
Mortgage$2,128/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$241
Insurance$80
Maintenance$437
CapEx reserve$219
Vacancy loss$165

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 $2,128/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 17, 2026.

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