$699,000

$725,000For salePrice drop↓ $26,000 (4%)

550 Lakeshore Road, Fort Erie (Lakeshore) - Single Family for Sale

550 Lakeshore Road, Fort Erie (Lakeshore), Ontario, L2A1B5

3 beds2 baths3 parking1,750 ft²40 × 202 ft (8,080 sq ft) lot sizeListed 16 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 16 days, fresher than the Fort Erie average of 107 days.

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

Description

Welcome to 550 Lakeshore Road - an incredible opportunity to own a piece of Lake Erie shoreline living at an affordable price. Perfectly positioned to capture breathtaking views of the Buffalo skyline and the sparkling waters of Lake Erie, this charming property offers the lifestyle so many dream about.Situated on a deep, desirable lot, this solidly built and well-kept home has been lovingly maintained throughout the years and offers endless potential for year-round living, a weekend retreat, or future personalization. A separate detached garage adds valuable storage and functionality, while the property itself provides space, privacy, and exceptional outdoor enjoyment.Wake up every morning to panoramic water views, peaceful lake breezes, and unforgettable sunsets right from your own property. Whether you're relaxing with your morning coffee overlooking the water or entertaining family and friends in this exceptional location, 550 Lakeshore Road delivers the perfect blend of character, comfort, and opportunity. This generous lot extends from street to street with convenient rear access, offering potential for a second dwelling, subject to zoning and municipal approvals, or an exceptional fenced space to store your boat or RV. location. Desirable lot. Desirable price.A rare and affordable chance to enjoy waterfront living and experience the beauty of Lake Erie each and every day. (id:66096)

Property Details

MLS®: X14096852
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 3
Interior Size: 1,750 ft²
Lot Size: 40 × 202 ft (8,080 sq ft)
Frontage: 40 ft
Storeys: 2
Basement: Partial
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace: Yes
Waterfront: Yes
Ownership: Freehold
Property Tax

Features

Foundation: Poured Concrete
Exterior: Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Fort Erie (Lakeshore) listings, avg age

107d

Price / ft²

$399

List price

$699K

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 (Lakeshore) has been listed for 16 days, which is 91 days fresher than the city average of 107. Act while there is still low competition.

Set a price alert Book a showing

Listed by REVEL Realty Inc., Brokerage · Craig Spada

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L2A)

This home lists at $699,000, about 9.6× the local median household income of $72,500.

Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 88% above the area median.

Median household income: $72,500
Population: 17,293
Median age: 49.2
Owner / renter: 74% / 26%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L2A)

$699,000· $399/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment6.42% · $44,900

Min 6.42%50%

Mortgage payment$3,626/mo

↳ CMHC premium ($26,164 capitalized)

Property tax (est.)$462/mo

Total monthly$4,089

Cash Needed to Close

Down payment (6.42%)$44,900

Land transfer tax$10,455

Est. closing costs$4,597

Total cash needed$59,952

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Rental cashflow calculator