Skip to main content
For Sale

198 Murray Street

332 - Central, Fort Erie, ON
$495,900
3+1Bd
2Ba
1,300+sqft
6Parking
49.25 x 123.37 ftlot
$381/sqft
DetachedMLS# X12953540Listed 2026-04-0263 DOM
Cooling
Central Air
Basement
Finished

On the market for 63 days — longer than average. The seller may be open to negotiation.

About this home

This versatile property offers comfort, character, and excellent income potential. The main floor features a spacious primary bedroom, second bedroom and a beautifully updated bathroom complete with a separate tub, shower, and heated floors for added luxury. Upstairs, the finished attic has been transformed into a large bedroom with a loft area, creating a unique and functional living space. Step outside and enjoy your own private backyard retreat with a large covered deck, seasonal 2-piece bathroom, wet bar, and an above-ground heated (new in 2023) pool-perfect for entertaining family and friends all summer long. The detached heated garage includes a second-floor loft, plus a convenient side carport for additional covered parking. This home also offers updated electrical service in both the house and garage. The fully finished basement features a separate entrance and includes a one-bedroom apartment or in-law suite, making it ideal for multi-generational living or for buyers looking to offset expenses with rental income. There is sound and fire barrier insulation in between the units. A fantastic opportunity for homeowners, investors, or families needing extra space. Seller is eager to move forward, creating an excellent opportunity for qualified buyers!

PoolGarageIn-law Suite

Rooms

Main Floor
Living Room6.65 × 3.54 m
Kitchen3.18 × 4.15 m
Bathroom3.41 × 2.25 m
Bedroom3.78 × 3.52 m
Bedroom2.68 × 3.25 m
Second Floor
Bedroom3.23 × 5.79 m
Loft3.23 × 4.85 m
Basement
Living Room3.49 × 4.82 m
Kitchen3.28 × 3.72 m
Dining Room3.28 × 3.74 m
Bedroom3.29 × 3.17 m
Bathroom2.18 × 2.18 m

Features

  • Accessory Apartment
  • Auto Garage Door Remote
  • In-Law Capability
  • Guest Accommodations
  • In-Law Suite
  • Primary Bedroom - Main Floor
  • Storage
  • Deck
  • Landscape Lighting
  • Landscaped
  • Porch
  • Patio
  • Lighting
  • Recreational Area
  • Finished
  • Full
  • Central Air
  • 1 1/2 Storey

Financials

Annual Taxes
$2,982

Estimated Rental Income

Entire property$3,200 – $4,800/mo
Basement apartment$1,800 – $2,500/mo
Rental yield7.7% – 11.6%

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

Market Data — Fort Erie

Days on market63 days
Buyer's MarketSeller's Market

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

Our estimate for this home

Priced 6.0% below estimate
Estimated range
$488K$567K
Mid-point $528K · ~$406/sqft
How this listing compares
$488KList · $496K$567K
High confidence·Based on 42 332 - central comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

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.

$495,900
198 Murray Street, Fort Erie
WhatsAppCall