$999,000

For sale

532 RIDGEWAY Road, Fort Erie (Crystal Beach) - Single Family for Sale

532 RIDGEWAY Road, Fort Erie (Crystal Beach), Ontario, L0S1B0

3 beds2 baths6 parking1,750 ft²60 × 106 ft (6,336 sq ft) lot sizeListed 34 days ago

Overview

This 3-bedroom, 2-bathroom home in Fort Erie is for sale offering roughly 1,750 sq ft of space. It has been on the market 34 days, fresher than the Fort Erie average of 84 days.

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Description

Lakeview Licensed Short-Term Rental | 60 x 105 Premium Corner Lot | Pool & Hot Tub | Turnkey Investment Opportunity Welcome to a rare beachfront opportunity in the heart of Crystal Beach. This fully licensed short-term rental property offers direct waterfront living combined with strong income potential, making it ideal for both end users and investors. Set on a premium corner lot with dual street access, this property provides exceptional privacy, flexibility, and future potential. Enjoy unobstructed beach views, stunning sunsets, and the ultimate Lake Erie lifestyle. The home features 3+1 bedrooms, 2 bathrooms, and a functional layout designed for group stays and family enjoyment. A finished attic space adds additional sleeping or recreational flexibility. Outdoor living is a highlight, with a private above-ground pool, hot tub, and ample space for entertaining. Whether relaxing after a beach day or hosting guests, this property is designed for year-round enjoyment. This is a fully operational, income-generating asset in one of Southern Ontario's most desirable waterfront communities. Just steps from the beach, this is a rare opportunity to own a turnkey waterfront investment in Crystal Beach. (id:66096)

Property Details

MLS®: X13849096
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 6
Interior Size: 1,750 ft²
Lot Size: 60 × 106 ft (6,336 sq ft)
Frontage: 60 ft
Storeys: 2
Basement: None
Heating: Baseboard heaters, Electric
Garage: No Garage
Fireplace: Yes
Pool: Yes
Waterfront: Yes
Ownership

Rooms

Main level

Kitchen: 4.37 x 3.99 meters
Living room: 7.16 x 5.21 meters
Laundry room: 4.22 x 2.36 meters

Second level

Bedroom: 7.24 x 5.26 meters
Bedroom: 4.22 x 2.31 meters
Bedroom: 3.23 x 2.77 meters

Third level

Loft: 4.27 x 4.11 meters

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

Features

Foundation: Wood/Piers
Exterior: Vinyl siding
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

34d

Fort Erie (Crystal Beach) listings, avg age

84d

Price / ft²

$571

List price

$999K

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 34 days, which is 50 days fresher than the city average of 84. Act while there is still low competition.

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Listed by RE/MAX REALTY SPECIALISTS INC. · AMANDEEP BATRA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0S)

This home lists at $999,000, about 10.5× the local median household income of $95,000.

Carrying it typically needs a household income of about $195,140 (20% down, 25-yr amortization, stress-tested) — roughly 105% 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)

$999,000· $571/ft²

For sale

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Full Cost Breakdown

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Down Payment7.50% · $74,900

Min 7.50%50%

Mortgage payment$5,123/mo

↳ CMHC premium ($36,964 capitalized)

Property tax (est.)$536/mo

Total monthly$5,660

Cash Needed to Close

Down payment (7.50%)$74,900

Land transfer tax$16,455

Est. closing costs$5,497

Total cash needed$96,852

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