$750,000

For sale

3563 Dominion Road, Fort Erie (Ridgeway) - Single Family for Sale

3563 Dominion Road, Fort Erie (Ridgeway), Ontario, L0S1N0

3 beds2 baths7 parking1,300 ft²60 × 197 ft (11,864 sq ft) lot sizeListed 52 days ago

Overview

This 3-bedroom, 2-bathroom home in Fort Erie is for sale offering roughly 1,300 sq ft of space. Its $750,000 asking price sits right in line with the $750,000 median in Fort Erie. It has been on the market 52 days, fresher than the Fort Erie average of 111 days.

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Description

Welcome to this impressive raised bungalow in the heart of Ridgeway, where pride of ownership is evident throughout. Beautiful curb appeal welcomes you into a bright, open-concept main level featuring vaulted ceilings, an abundance of natural light and generous kitchen, dining and living spaces designed for family gatherings and entertaining. The spacious primary bedroom features a large walk-in closet, while a well-sized second bedroom offers flexibility for family, guests or a home office. Step outside to a large, deep lot backing onto green space with no rear neighbours, offering incredible privacy and plenty of room to relax, entertain or enjoy the outdoors. The lower level adds exceptional versatility with a separate entrance and existing one-bedroom rental setup, providing the perfect opportunity for an in-law suite, multi-generational living or continued rental income.Complete with a large two-car garage, ample parking and a fantastic location close to the shops, restaurants and charm of downtown Ridgeway, and just minutes from Crystal Beach. A wonderful combination of space, privacy, income potential and location! (id:66096)

Property Details

MLS®: X13787238
Property Type: Single Family
Zoning: RD
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 7
Interior Size: 1,300 ft²
Lot Size: 60 × 197 ft (11,864 sq ft)
Frontage: 60 ft
Storeys: 1
Style: Raised bungalow
Basement: Finished, Full, Apartment in basement, Walk out, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes

Rooms

Main level

Foyer: 2.08 x 3.2 meters
Bedroom 2: 3.51 x 3.25 meters
Kitchen: 3.43 x 4.17 meters
Dining room: 2.34 x 3.1 meters
Living room: 4.78 x 6.15 meters
Primary Bedroom: 3.51 x 5.74 meters

Basement

Recreational, Games room: 7.14 x 6.99 meters
Other: 3.48 x 3.02 meters
Kitchen: 3.51 x 2.54 meters
Bedroom 3: 3.51 x 4.55 meters

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

Features

Appliances: Dishwasher, Dryer, Two stoves, Two Washers, Garage door opener, Two Refrigerators
Foundation: Poured Concrete
Exterior: Brick
Lot Features: Backs on greenbelt, In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

52d

Fort Erie (Ridgeway) listings, avg age

111d

Price / ft²

$577

List price

$750K

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) has been listed for 52 days, which is 59 days fresher than the city average of 111. Act while there is still low competition.

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Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE · Greg Sykes

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0S)

This home lists at $750,000, about 7.9× the local median household income of $95,000.

Carrying it typically needs a household income of about $146,501 (20% down, 25-yr amortization, stress-tested) — roughly 54% 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)

$750,000· $577/ft²

For sale

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Full Cost Breakdown

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Down Payment6.67% · $50,000

Min 6.67%50%

Mortgage payment$3,881/mo

↳ CMHC premium ($28,000 capitalized)

Property tax (est.)$509/mo

Total monthly$4,390

Cash Needed to Close

Down payment (6.67%)$50,000

Land transfer tax$11,475

Est. closing costs$4,750

Total cash needed$66,225

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