$249,000

$279,000For salePrice drop↓ $30,000 (11%)

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1008 Ridgewood Avenue, Fort Erie (Ridgeway) - Single Family for Sale

1008 Ridgewood Avenue, Fort Erie (Ridgeway), Ontario, L0S1N0

2 beds1 bath parking

25 Sunrise Court, Fort Erie (Ridgeway), Ontario, L0S1N0

4 bd3 ba6 pk1,750 ft²Lot size 44 × 115 ft (5,086 sq ft)

Listed by RE/MAX ESCARPMENT REALTY INC.

2439 Garrison Road, Fort Erie (Ridgeway), Ontario, L0S1N0

For saleJust listed

Yesterday

$1.70M

2439 Garrison Road, Fort Erie (Ridgeway), Ontario, L0S1N0

3 bd4 ba16 pk3,250 ft²Lot size 366 × 629 ft (5.27 acres)

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

3252 Young Avenue, Fort Erie (Ridgeway), Ontario, L0S1N0

For saleJust listed

3 days ago

$475K

3252 Young Avenue, Fort Erie (Ridgeway), Ontario, L0S1N0

4 bd1 ba6 pk1,750 ft²Lot size 105 × 125 ft (13,125 sq ft)

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

505 ROYAL RIDGE Drive, Fort Erie (Ridgeway), Ontario, L0S1N0

For saleJust listed

3 days ago

$750K

505 ROYAL RIDGE Drive, Fort Erie (Ridgeway), Ontario, L0S1N0

2 bd2 ba4 pk1,750 ft²Lot size 39 × 99 ft (3,802 sq ft)

Listed by BOSLEY REAL ESTATE LTD.,

Investment analysis

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$249,000

Fort Erie

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120 × 120 ft (14,400 sq ft) lot size

Overview

This 2-bedroom, 1-bathroom home in Fort Erie is for sale offering roughly 900 sq ft of space. It has been on the market 62 days, fresher than the Fort Erie average of 110 days.

Houses for Sale in Fort Erie →All real estate in Fort Erie →

Description

Great Ridgeway location, nice treed rural corner lot 120' x 120' surrounded by nature, on city water and septic for sewer, existing house needs major work and is being sold "AS IS". It's all about location---mins to downtown Ridgeway & Fort Erie amenities with easy access to QEW and USA border. There are NPCA environmental overlays on the property which will need NPCA approvals prior to building. (id:66096)

Property Details

MLS®: X13748860
Property Type: Single Family
Zoning: RR/EC
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 4
Interior Size: 900 ft²
Lot Size: 120 × 120 ft (14,400 sq ft)
Frontage: 120 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Forced air, Natural gas
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax: $2,274/yr
Listed: 62 days ago

Rooms

Main level

Living room: 5.49 x 4.57 meters
Kitchen: 3.12 x 3.05 meters
Bedroom: 2.87 x 2.44 meters
Bedroom 2: 3.96 x 3.66 meters
Bathroom: 1.52 x 1.21 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Foundation: Unknown
Exterior: Vinyl siding

Services

Water: Municipal water
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

62d

Fort Erie (Ridgeway) listings, avg age

110d

Price / ft²

$277

List price

$249K

Homes here sell slower than most markets

Sold homes in this market spent an average of 62 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 2-bed single family in Fort Erie (Ridgeway) has been listed for 62 days, which is 48 days fresher than the city average of 110. Act while there is still low competition.

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Listed by Century 21 Heritage House LTD · Allan Lent

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0S)

This home lists at $249,000, about 2.6× the local median household income of $95,000.

Carrying it typically needs a household income of about $48,638 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $95,000
Population: 60,409
Median age: 53.2
Owner / renter: 87% / 13%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA L0S)

$249,000· $277/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $12,450

Min 5%50%

Mortgage payment$1,311/mo

↳ CMHC premium ($9,462 capitalized)

Property tax (est.)$190/mo

Total monthly$1,501

Cash Needed to Close

Down payment (5%)$12,450

Land transfer tax$2,215

Est. closing costs$3,247

Total cash needed$17,912

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