$799,000

For sale

3693 ELM Street, Fort Erie (Ridgeway) - Single Family for Sale

3693 ELM Street, Fort Erie (Ridgeway), Ontario, L0S1N0

4 beds3 baths2 parking1,300 ft²30 × 116 ft (3,465 sq ft) lot sizeListed 29 days ago

Overview

This 4-bedroom, 3-bathroom home in Fort Erie is for sale offering roughly 1,300 sq ft of space. It has been on the market 29 days, fresher than the Fort Erie average of 111 days.

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Description

Construction has started, Hurry and Buy Now so homes right in the heart of Downtown Ridgeway. --- Discover the charm of Downtown Ridgeway with a brand-new semi-detached home with Legal bachleor Apartment to be constructed in the heart of this picturesque community. Nestled in Fort Erie, Ridgeway offers a walkable neighbourhood filled with boutique shops, cozy bistros, and delightful restaurants all just a few blocks from the beach and the Buffalo border. This uniquely designed semidetached unit features 3 spacious bedrooms, including a master suite with an ensuite bathroom and a walk-in closet. Enjoy an open-concept living area and kitchen adorned with high-end finishes. The home also includes a full basement, with a 1-bedroom bachelor Legal apartment with a separate entrance for an additional cost a great option for those who may want to rent the space out, providing extra income or a comfortable area for guests. Personalize your new home with custom finishes and create a space that's perfectly suited to every stage of your life. (id:66096)

Property Details

MLS®: X13875202
Property Type: Single Family
Zoning: C2
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 3
Half Baths: 1
Parking: 2
Interior Size: 1,300 ft²
Lot Size: 30 × 116 ft (3,465 sq ft)
Frontage: 30 ft
Storeys: 2
Basement: Unfinished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning, Air exchanger
Garage: Attached Garage, Garage
Ownership: Freehold

Rooms

Main level

Living room: 4.17 x 6.88 meters
Kitchen: 3.1 x 2.21 meters
Other: 4.65 x 3.1 meters
Family room: 3.96 x 6.4 meters
Foyer: 1.78 x 2.13 meters

Second level

Bedroom: 3.81 x 3.96 meters
Bedroom: 3.05 x 3.02 meters
Bedroom: 3.05 x 3.02 meters

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

Features

Appliances: Water Heater - Tankless
Foundation: Concrete
Exterior: Wood, Stone
Lot Features: Lighting

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

29d

Fort Erie (Ridgeway) listings, avg age

111d

Price / ft²

$615

List price

$799K

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 4-bed single family in Fort Erie (Ridgeway) has been listed for 29 days, which is 82 days fresher than the city average of 111. Act while there is still low competition.

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Listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE · Christine Gazzola

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0S)

This home lists at $799,000, about 8.4× the local median household income of $95,000.

Carrying it typically needs a household income of about $156,073 (20% down, 25-yr amortization, stress-tested) — roughly 64% 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)

$799,000· $615/ft²

For sale

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Full Cost Breakdown

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Down Payment6.87% · $54,900

Min 6.87%50%

Mortgage payment$4,125/mo

↳ CMHC premium ($29,764 capitalized)

Property tax (est.)$67/mo

Total monthly$4,192

Cash Needed to Close

Down payment (6.87%)$54,900

Land transfer tax$12,455

Est. closing costs$4,897

Total cash needed$72,252

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