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61 Queen Street
332 - Central Fort Erie L2A 1T7

$449,900 /For Sale
Commercial

Main Photo: 61 Queen Street in Fort Erie: 332 - Central Commercial for sale : MLS®# X13511760
Photo 1: 61 Queen Street in Fort Erie: 332 - Central Commercial for sale : MLS®# X13511760
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
X13511760
Bus Major:
Apts - 2 To 5 Units
Truly unique opportunity for homeowners, investors, or entrepreneurs. This versatile property features an owner-occupied unit plus two additional residential units, offering flexible living and income potential. The spacious owner's unit boasts exclusive access to a full basement spanning the entire building, providing exceptional storage or workspace options. Meanwhile, the two additional residential units are currently vacant, allowing for immediate occupancy or tenant selection. Adding to the appeal, the existing zoning (RM1-595) permits the operation of a small business from the front unit, making this an ideal setup for those seeking a live-work opportunity. At the rear of the property, you'll find a large detached structure that includes a covered porch, a workshop, and plenty of additional storage space perfect for hobbyists, entrepreneurs, or those simply needing extra room. It also has a separate electrical service and a Plug hook up for an RV. Located just a short walk from the Niagara River Parkway and the Friendship Trail, outdoor enthusiasts will love the easy access to scenic trails and waterfront activities. Plus, with proximity to shopping, restaurants, and convenient QEW access, everyday needs and commuting are a breeze. Don't miss this rare opportunity to own a multi-functional property in a prime location! Roof shingles on the garage / shop are less than 5 years old. Specific zoning (RM1-595) permits a Take-out Restaurant Use shall be limited to selling ready-to-eat items that do not require commercial kitchen equipment, such as coffee, tea, ice cream, muffins, and cookies prepared off-site.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
2000 sq. ft. Square Feet
Total Area:
2,000 sq. ft.
Lot Depth:
132'
Lot Frontage:
66'
Bathrooms:
3.0
Water supply:
Municipal
Zoning:
RM1-595
Heating type:
Gas Forced Air Open
Garage:
Single Detached
Parking Spaces:
11
Possession Details:
Flexible
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$3,511 / 2025
Assessment:
$- / -
Niagara
Fort Erie
332 - Central
Major Highway, Public Transit
Utilities:
Yes
Sewers:
Sanitary+Storm
Air Conditioning:
Yes
Seller Property Info Statement:
No
Major Business Type:
Apts - 2 To 5 Units
Category:
Apartment
Date Listed:
Jul 02, 2026
Original Price:
Previous Price:
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Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE
Data was last updated July 2, 2026 at 02:15 PM (UTC)
DARYL  KING
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Why Invest in Apartment Buildings for Sale?

Owning an apartment building for sale provides unique advantages:

  • Multiple rental units generate consistent monthly income
  • Economies of scale make property management more efficient
  • Opportunity to increase property value through renovations and upgrades
  • High demand for rental housing in urban and suburban markets

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When evaluating apartment buildings for sale, consider:

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  • Current rental income and future appreciation potential

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Whether you’re looking for small multi-family units or larger residential complexes, we offer a wide selection of apartment buildings for sale to match your investment goals. Let us help you find a property that offers steady income and long-term value.

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FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.

5. Where can I find apartment buildings for sale?
You can find listings across major cities and growing suburbs where rental demand remains strong.