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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
1-333-345-6868info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 42 days

    387 Elmwood Avenue

    Crystal Beach·Fort Erie, ON·L0S 1B0·Near Elmwood & Erie

    • 3 beds
    Fort Erie real estate›X13090966
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    3 Fully detached bungalows, sold as a packaged deal. Just steps to Crystal Beach & a short stroll to shopping, and restaurants, this unique triplex is sure to impress. 387 Elmwood Avenue features 3 detached, 1 bedroom bungalows. For those looking to host one as an airbnb or have the best place to enjoy their summer months with friends and family, this trio ticks all the boxes. These homes are winterized & made for year round living! Over the last 13 years the cottages have had a major revamp including foam insulated walls, ceilings & crawl spaces; windows; roofs on 2 (2018); vinyl siding; private decks; new kitchens & baths; flooring; paint; stamped concrete walkway; wiring; plumbing and more. They each have their own ductless heat & AC units (installed in 2022) as well as electric baseboards. All 3 units are bright and fresh 1 bedrooms, with 4 piece bathrooms, open concept kitchen/living & vaulted ceilings. If you've watched the growth of the Tiny House movement over the years and you're ready to simplify & downsize your life, or looking to expand the rental portfolio, all three units are vacant and ready for your future plans.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    May 6, 2026ListedCurrentFor sale$550,000 —X13090966This page
    Nov 28, 2025Previously listedExp$575,000 —X12586452View
    Aug 1, 2025Previously listedTer$625,000 —X12320380View
    Feb 25, 2025Previously listedExp$675,000 —X11988507View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Heat Pump
      Air conditioning
      Wall Unit(s)
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 387 Elmwood Avenue
    What's nearby

    Points of interest classified by the MLS® feed.

    • Beach
    • Lake/Pond
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $2,702
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $212
    0.46% mill rate · ON
    The market

    How this home sits in the Fort Erie market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Fort Erie market right now

    Average sold price, days on market, and closed-transaction count for Fort Erie — sourced from MLS®.

    • Avg sold price
      $605,014
      Last 30 days
    • Median sold price
      $560,000
      Middle of the market
    • Days on market
      53 d
      Avg from list to close
    • Closed last 30d
      163
      MLS® transactions
    Full Fort Erie market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 387 Elmwood Avenue — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 387 Elmwood Avenue and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 387 Elmwood Avenue listed for?

      387 Elmwood Avenue is listed at $550,000 on the MLS® (listing X13090966). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 387 Elmwood Avenue have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 3 baths
  2. 1100-1500 sqft
  3. Triplex
  4. Built 100+
  5. Asking
    $550,000
    $0 / sqft · MLS® X13090966
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $605,014
    $556,613Confidence range$653,415
    Asking vs estimate
    ↓below
    −$55,014
    (-9.1%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 3 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Fort Erie sell in about 53 days — this one has been listed 42 days.

    Avg sold price
    $605,014
    Median sold
    $560,000
    Avg days on market
    53
    Recently sold
    163
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    3 Fully detached bungalows, sold as a packaged deal.
  7. These homes are winterized & made for year round living!
  8. They each have their own ductless heat & AC units (installed in 2022) as well as electric baseboards.
  9. All 3 units are bright and fresh 1 bedrooms, with 4 piece bathrooms, open concept kitchen/living & vaulted ceilings.
  10. Ask Zara a follow-up
    Sewer
  11. Parking & garage

    3
    Garage
    None
    Parking spaces
    2
    Driveway
    Private Double
  12. Interior

    4
    Basement
    Crawl Space
    Family room
    N
    Kitchens
    3
    Total rooms
    3
  13. Exterior & construction

    4
    Exterior
    Vinyl Siding
    Roof
    Asphalt Shingle
    Foundation
    Concrete
    Pool
    None
  14. Lot & land

    1
    Year built
    100+
  15. Listing & possession

    3
    Occupancy
    Immediate
    Property style
    Bungalow
    Property class
    Triplex
  16. Combined estimate
    $2,914
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $2,702
    /mo
    based on the purchase price of $550,000
    $110,000 cash
    $440,000 financed
    $370,595 total interest
    Monthly payment$2,702/ month
    Principal54%$440,000
    Interest46%$370,595

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable triplexs that just sold in Fort Erie

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 106 Murray Street
      Sold
      Sign in for price
      106 Murray Street
      Triplex
    • 396 Oxford Avenue
      Sold
      Sign in for price
      396 Oxford Avenue
      Triplex
    AddressBd / BaSqftSold$/sqft% of askSold
    387 Elmwood AvenueThis home3 / 311,001,500$550,000ask———
    106 Murray Street6 / 3——
    396 Oxford Avenue7 / 33,000—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  17. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  18. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  19. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  20. Public listing courtesy of ROYAL LEPAGE NRC REALTY · displayed on Summitly per MLS® data-share rules

    387 Elmwood Avenue is a 3-bedroom, 3-bath, 1100-1500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  21. When was 387 Elmwood Avenue built?

    387 Elmwood Avenue was built in 100+. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  22. What is the property tax for 387 Elmwood Avenue?

    The 'Property tax' tab in the History section shows the most recent annual tax for 387 Elmwood Avenue plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  23. How much would the monthly mortgage be on 387 Elmwood Avenue?

    The affordability calculator on this page shows an estimated monthly mortgage for $550,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  24. Has 387 Elmwood Avenue been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 387 Elmwood Avenue with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  25. What neighbourhood is 387 Elmwood Avenue in?

    387 Elmwood Avenue is in Crystal Beach, Fort Erie. The 'Neighbourhood' section below links to the live Fort Erie real estate hub with average sold price, days on market, and current inventory.

  26. Is Fort Erie a good place to live?

    Fort Erie is one of ON's actively-tracked Summitly markets. The full Fort Erie real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.