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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@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

    242 Jarvis Street

    Central Ave·Fort Erie, ON·L2A 2S5·Near North Side of Jarvis St

    • 3 beds
    Fort Erie real estate›X9392025
    • 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

    This well-cared-for duplex is a true gem nestled in the heart of town, combining convenience with the comforts of home. The main floor apartment will be vacant, offering a perfect opportunity for potential tenants or the chance for you to create your dream living space. Meanwhile, the upper apartment is rented for $800 per month plus hydro providing immediate income potential and an excellent return on investment. The exterior features a beautiful wrap-around front porch, a perfect spot to unwind with a book or enjoy your morning coffee while soaking in the sights and sounds of the neighborhood. The rear has a small and private grassed area with ample parking. Inside, both units boast ample natural light and functional layouts, making them inviting and easy to customize. The property's location is unbeatable - just a short walk to downtown, where you'll find shops, restaurants, and local attractions, enhancing the appeal for potential tenants or your own lifestyle. Whether you're an investor looking to expand your portfolio or a homeowner seeking a place with rental income, this duplex offers incredible potential. Don't miss out on the chance to own a piece of this vibrant community!

    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 4, 2026SoldSold$348,000−$11,999 (3.3%)X12848548View
    Mar 5, 2026Previously listedSld$359,999 —X12848548View
    Oct 10, 2024Previously listedTer$399,900 —X9415169View
    Oct 10, 2024Previously listedTer$399,900 —X9415171View
    Oct 10, 2024ListedCurrentFor sale$399,900 —X9392025This page
    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
      Forced Air
      Air conditioning
      Central Air
      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.

    📍 242 Jarvis Street
    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
    $1,965
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $191
    0.57% 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
      $606,205
      Last 30 days
    • Median sold price
      $558,450
      Middle of the market
    • Days on market
      57 d
      Avg from list to close
    • Closed last 30d
      176
      MLS® transactions
    Full Fort Erie market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 242 Jarvis Street — 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 242 Jarvis Street 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 242 Jarvis Street listed for?

      242 Jarvis Street is listed at $399,900 on the MLS® (listing X9392025). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 242 Jarvis Street 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. 2 baths
  2. 1100-1500 sqft
  3. Detached
  4. Asking
    $399,900
    $0 / sqft · MLS® X9392025
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $606,205
    $557,709Confidence range$654,701
    Asking vs estimate
    ↓below
    −$206,305
    (-34.0%)
    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 57 days — this one has been listed 42 days.

    Avg sold price
    $606,205
    Median sold
    $558,450
    Avg days on market
    57
    Recently sold
    176
    See comparable sales
    Walk through online
    Listing agent has provided a interactive tour
    Open virtual tour
    The main floor apartment will be vacant, offering a perfect opportunity for potential tenants or the chance for you to create your dream living space.
  6. The rear has a small and private grassed area with ample parking.
  7. Inside, both units boast ample natural light and functional layouts, making them inviting and easy to customize.
  8. Don't miss out on the chance to own a piece of this vibrant community!
  9. Ask Zara a follow-up
    Sewer
  10. Parking & garage

    3
    Garage
    None
    Parking spaces
    4
    Driveway
    Private Double
  11. Interior

    4
    Basement
    Partial Basement
    Family room
    N
    Kitchens
    2
    Total rooms
    10
  12. Exterior & construction

    4
    Exterior
    Vinyl Siding
    Roof
    Asphalt Shingle
    Foundation
    Concrete Block
    Pool
    None
  13. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    2-Storey
    Property class
    Detached
  14. Room-by-room · 10 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    6 rooms
    • Common Room
      null · null · null
      5.7 × 6.3 ft
    • Living Room
      null · null · null
      12.0 × 13.0 ft
    • Kitchen
      null · null · null
      11.0 × 13.5 ft
    • Bedroom
      null · null · null
      7.6 × 15.0 ft
    • Bathroom
      4 pc bath · null · null
      0.0 × 0.0 ft
    • Bedroom
      null · null · null
      11.0 × 13.0 ft

    Second level

    4 rooms
    • Living Room
      null · null · null
      11.0 × 13.4 ft
    • Kitchen
      null · null · null
      11.0 × 13.4 ft
    • Bedroom
      null · null · null
      10.0 × 10.0 ft
    • Bathroom
      3 pc bath · null · null
      0.0 × 0.0 ft
    Combined estimate
    $2,156
    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
    $1,965
    /mo
    based on the purchase price of $399,900
    $79,980 cash
    $319,920 financed
    $269,457 total interest
    Monthly payment$1,965/ month
    Principal54%$319,920
    Interest46%$269,457

    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 detacheds that just sold in Fort Erie

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

    • 696 LAKESHORE Road
      Sold
      Sign in for price
      696 LAKESHORE Road
      Detached
    • 4062 GLENSPRING Road
      Sold
      Sign in for price
      4062 GLENSPRING Road
      Detached
    • 1040 Oakhill Boulevard
      Sold
      Sign in for price
      1040 Oakhill Boulevard
      Detached
    • 228 Gilmore Road
      Sold
      Sign in for price
      228 Gilmore Road
      Detached
    • 228 Courtwright Street
      Sold
      Sign in for price
      228 Courtwright Street
      Detached
    • 23 Torrance Street
      Sold
      Sign in for price
      23 Torrance Street
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    242 Jarvis StreetThis home3 / 211,001,500$399,900ask———
    696 LAKESHORE Road4 / 21,500—
    4062 GLENSPRING Road3 / 21,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Fort Erie

    Active listings within ±20% of this asking price.

    • 16 Ferguson Avenue
      $469,900
      16 Ferguson Avenue
      Detached 4 2
    • 226 Derby Road
      $339,000
      226 Derby Road
      Detached 2 1
    • 27 Drummond Crescent
      $439,000
      27 Drummond Crescent
      Detached 4 2
    • 84 Idylewylde Place
      $409,900
      84 Idylewylde Place
      Detached 2 3
    • 61 Queen Street
      $449,900
      61 Queen Street
      Detached 3 3
    • 238 Walden Boulevard
      $424,900
      238 Walden Boulevard
      Detached 4 2
    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.

  15. One team, no handoffs

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

  16. Showings on YOUR schedule

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

  17. Mortgage that closes

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

  18. Public listing courtesy of RE/MAX NIAGARA REALTY LTD. · displayed on Summitly per MLS® data-share rules

    242 Jarvis Street is a 3-bedroom, 2-bath, 1100-1500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  19. When was 242 Jarvis Street built?

    The year built for 242 Jarvis Street isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  20. What is the property tax for 242 Jarvis Street?

    The 'Property tax' tab in the History section shows the most recent annual tax for 242 Jarvis Street plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  21. How much would the monthly mortgage be on 242 Jarvis Street?

    The affordability calculator on this page shows an estimated monthly mortgage for $399,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  22. Has 242 Jarvis Street been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 242 Jarvis Street with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  23. What neighbourhood is 242 Jarvis Street in?

    242 Jarvis Street is in Central Ave, 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.

  24. 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.

  25. 1040 Oakhill Boulevard
    4 / 4
    2,500
    —
    228 Gilmore Road3 / 31,500—
    228 Courtwright Street3 / 1700—
    23 Torrance Street3 / 1700—