$1,390,000

For sale

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

Yesterday

$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.,

510 Royal Ridge Drive, Fort Erie (Ridgeway), Ontario, L0S1N0

For saleJust listed

Yesterday

$705K

510 Royal Ridge Drive, Fort Erie (Ridgeway), Ontario, L0S1N0

3 bd3 ba2 pk1,300 ft²Lot size 27 × 100 ft (2,700 sq ft)

Listed by BOSLEY REAL ESTATE LTD.,

3606 Carolinia Court, Fort Erie (Ridgeway), Ontario, L0S1N0

For salePrice drop

9 days ago

$795K$825K

↓ $30K (4%) price drop

3606 Carolinia Court, Fort Erie (Ridgeway), Ontario, L0S1N0

4 bd3 ba8 pk2,250 ft²Lot size 52 × 114 ft (5,886 sq ft)

Listed by ROYAL LEPAGE NRC REALTY

Investment analysis

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$1,390,000

Fort Erie

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3307 Lakecrest Court, Fort Erie (Ridgeway) - Single Family for Sale

3307 Lakecrest Court, Fort Erie (Ridgeway), Ontario, L0S1N0

2 beds2 baths10 parking2,250 ft²119 × 301 ft (35,819 sq ft) lot sizeListed 97 days ago

Overview

This 2-bedroom, 2-bathroom home in Fort Erie is for sale offering roughly 2,250 sq ft of space. It has been on the market 97 days, fresher than the Fort Erie average of 113 days.

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

Description

Stunning vacation or year-round opportunity to live life on the Lake with your own private beach in the quaint, picturesque town of Ridgeway! Predominantly LAND VALUE - the current home is brought down to the studs and in serious general disrepair. Reimagine this unique structure into a truly charming, one-of-a-kind abode, start fresh and build that dream exactly how you've envisioned, or alternatively investigate its development/severance potential. Incredible views and a tranquil lifestyle on Lake Erie, with over 100 ft of private beach and waterfront, all situated at the end of a quiet cul-de-sac. Extremely close proximity to public beaches, Marinas, walking/biking trails, shops, cafes and restaurants! Ridgeway is long-loved by those who call this lovely town home year-round, as well as a Summer Home destination. Close to the Canadian/US border, and major highways nearby for those looking to live the peaceful life yet commute easily into larger cities. Imagine the opportunity to lie on the beach, swim, boat, kayak, paddle board, Sea-Doo, and fish right in your own backyard! (id:66096)

Property Details

MLS®: X13620388
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 10
Interior Size: 2,250 ft²
Lot Size: 119 × 301 ft (35,819 sq ft)
Frontage: 119 ft
Storeys: 2
Basement: Unfinished, Full
Heating: Other, Other
Garage: No Garage
Waterfront: Yes
Ownership: Freehold
Property Tax: $7,000/yr
Listed: 97 days ago

Features

Exterior: Stucco
Lot Features: Irregular lot size

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

97d

Fort Erie (Ridgeway) listings, avg age

113d

Price / ft²

$618

List price

$1.39M

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 97 days, which is 16 days fresher than the city average of 113. Act while there is still low competition.

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Listed by REVEL Realty Inc., Brokerage · Raiana Schwenker

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0S)

This home lists at $1,390,000, about 14.6× the local median household income of $95,000.

Carrying it typically needs a household income of about $271,516 (20% down, 25-yr amortization, stress-tested) — roughly 186% above 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)

$1,390,000· $618/ft²

For sale

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Full Cost Breakdown

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Down Payment8.20% · $114,000.00

Min 8.20%50%

Mortgage payment$7,074/mo

↳ CMHC premium ($51,040 capitalized)

Property tax (est.)$583/mo

Total monthly$7,658

Cash Needed to Close

Down payment (8.20%)$114,000

Land transfer tax$24,275

Est. closing costs$6,670

Total cash needed$144,945

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