$450,000

For sale

3050 Jewell Avenue, Fort Erie (Ridgeway) - Single Family for Sale

3050 Jewell Avenue, Fort Erie (Ridgeway), Ontario, L0S1N0

3 beds2 baths5 parking1,300 ft²140 × 120 ft (16,800 sq ft) lot sizeListed 134 days ago

Overview

This 3-bedroom, 2-bathroom home in Fort Erie is for sale offering roughly 1,300 sq ft of space. Listed at $450,000, it is attractively priced about 40% below the $750,000 median asking price in Fort Erie.

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Description

Nestled in a exceptionally quiet area, this spacious property beautifully pairs a cozy cottage vibe with incredible investment avenues. The home features three comfortable bedrooms and a welcoming eat-in kitchen, all situated on a massive 140x120-foot lot that may offer severance potential for future development. Outdoor enthusiasts and hobbyists will love the oversized garage, perfect for storing a boat, vehicle, or setting up a spacious workshop. Best of all, you are within easy walking distance to the beach and just a short drive from the charming town centre of Ridgeway, making this the ultimate year-round retreat or development opportunity. Please view the 3D matterport to see all this property has to offer! (id:66096)

Property Details

MLS®: X13489056
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 5
Interior Size: 1,300 ft²
Lot Size: 140 × 120 ft (16,800 sq ft)
Frontage: 140 ft
Storeys: 1
Basement: Crawl space
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $3,837/yr

Rooms

Main level

Kitchen: 4.23 x 5.11 meters
Bedroom: 4.2 x 2.82 meters
Bedroom 2: 3.5 x 3.15 meters
Living room: 5.14 x 4 meters
Bathroom: 2.87 x 1.62 meters

Second level

Bedroom: 5.12 x 3.05 meters

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

Features

Foundation: Block
Exterior: Steel, Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

134d

Fort Erie (Ridgeway) listings, avg age

111d

Price / ft²

$346

List price

$450K

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 3-bed single family in Fort Erie (Ridgeway) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by ONE PERCENT REALTY LTD. · GRAHAM DURRANT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0S)

This home lists at $450,000, about 4.7× the local median household income of $95,000.

Carrying it typically needs a household income of about $87,901 (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)

$450,000· $346/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,500

Min 5%50%

Mortgage payment$2,370/mo

↳ CMHC premium ($17,100 capitalized)

Property tax (est.)$320/mo

Total monthly$2,690

Cash Needed to Close

Down payment (5%)$22,500

Land transfer tax$5,475

Est. closing costs$3,850

Total cash needed$31,825

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