$849,900

For sale

3840 Terrace Lane, Fort Erie (Crystal Beach) - Single Family for Sale

3840 Terrace Lane, Fort Erie (Crystal Beach), Ontario, L0S1B0

3 beds2 baths2 parking1,300 ft²50 × 100 ft (5,000 sq ft) lot sizeListed 51 days ago

Overview

This 3-bedroom, 2-bathroom home in Fort Erie is for sale offering roughly 1,300 sq ft of space. It has been on the market 51 days, fresher than the Fort Erie average of 85 days.

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Description

Nestled along the shores of Lake Erie, this charming two-story retreat offers a prime waterfront location with spectacular views from nearly every room. The main floor features an inviting enclosed porch for year-round lake watching, a bright eat-in kitchen with patio doors leading to a scenic side deck, and a spacious family room with airy vaulted ceilings. Designed for effortless living, the home includes three bedrooms, a main-floor laundry, and 1.5 baths, making it perfect as a permanent residence or a vacation getaway. Beyond the front door, you are steps away from a boat launch and local parks, and just minutes from the vibrant boutiques, restaurants, and small-town charm of downtown Ridgeway. Experience the perfect blend of lakeside relaxation and community convenience. (id:66096)

Property Details

MLS®: X13789492
Property Type: Single Family
Zoning: H, R2B
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 1,300 ft²
Lot Size: 50 × 100 ft (5,000 sq ft)
Frontage: 50 ft
Storeys: 2
Basement: Crawl space
Heating: Baseboard heaters, Electric
Cooling: None
Garage: No Garage, Street
Waterfront: Yes
Ownership

Rooms

Second level

Primary Bedroom: 4.17 x 2.31 meters
Bedroom 3: 3.61 x 2.49 meters
Bedroom 2: 4.14 x 2.39 meters

Main level

Kitchen: 4.85 x 3.89 meters
Sunroom: 2.67 x 5.94 meters
Bathroom: 2.63 x 2.45 meters
Bathroom: 1.85 x 2.31 meters
Family room: 3.81 x 5.94 meters
Living room: 3.78 x 5.94 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
Foundation: Block
Exterior: Wood, Vinyl siding
Lot Features: Sloping

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

51d

Fort Erie (Crystal Beach) listings, avg age

85d

Price / ft²

$654

List price

$850K

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 (Crystal Beach) has been listed for 51 days, which is 34 days fresher than the city average of 85. Act while there is still low competition.

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Listed by ROYAL LEPAGE NRC REALTY · Phillip Smith

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0S)

This home lists at $849,900, about 8.9× the local median household income of $95,000.

Carrying it typically needs a household income of about $166,015 (20% down, 25-yr amortization, stress-tested) — roughly 75% 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)

$849,900· $654/ft²

For sale

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Full Cost Breakdown

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Down Payment7.06% · $59,990

Min 7.06%50%

Mortgage payment$4,379/mo

↳ CMHC premium ($31,596 capitalized)

Property tax (est.)$352/mo

Total monthly$4,731

Cash Needed to Close

Down payment (7.06%)$59,990

Land transfer tax$13,473

Est. closing costs$5,050

Total cash needed$78,513

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