193 Nicolas Road, Fort Erie (Ridgeway), Ontario, L0S1N0




$595,000
Fort Erie
This lot in Fort Erie is for sale offering roughly 900 sq ft of space. It has been on the market 9 days, fresher than the Fort Erie average of 113 days.
RESIDENTIAL INVESTMENT OPPORTUNITY to purchase and develop 3 lots in Ridgeway's saught-after Thunder Bay neighbourhood! Situated on a quiet street, this 142' x 105' cornerlot offers an excellent opportunity to build three 1200sq ft homes in one of Niagara's desirable lakeside communities. This property is ideal for those looking to create a comfortable, low-maintenance lifestyle just minutes from the shores of Lake Erie. Municipal services are available at the lot line; however, a sewer line extension from the corner is required. Property is being sold as-is, including the bungalow. Buyers wishing to purchase the property would need to complete the servicing to make the lot permit-ready. Severance approval has been obtained, with conditions completed except for entering into a servicing agreement and demolition of the existing home. Enjoy the convenience of a nearby park, walks to the Lake Erie shoreline and easy access to the 26-km Friendship Trail for walking, running and cycling. Historic Downtown Ridgeway's shops, restaurants and amenities are just minutes away, along with the sandy beaches and attractions of Crystal Beach. An exciting opportunity to build your own home and enjoy the relaxed lifestyle of Niagara's South Coast! (id:66096)
Features and services as supplied by the listing brokerage.
Active: 9 days on market, against an average age of 113 days across the listings currently for sale in this city
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.
This vacant land in Fort Erie (Ridgeway) has been listed for 9 days, which is 104 days fresher than the city average of 113. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $595,000, about 6.3× the local median household income of $95,000.
Carrying it typically needs a household income of about $116,224 (20% down, 25-yr amortization, stress-tested) — roughly 22% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0S)
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