$559,900

For sale

978 FERNDALE Avenue, Fort Erie - Single Family for Sale

978 FERNDALE Avenue, Fort Erie, Ontario, L2A5S8

3 beds2 baths3 parking1,471 ft²Listed 72 days ago

Overview

This 3-bedroom, 2-bathroom home in Fort Erie is for sale offering roughly 1,471 sq ft of space. Listed at $559,900, it is attractively priced about 13% below the $639,900 median asking price in Fort Erie. It has been on the market 72 days, fresher than the Fort Erie average of 92 days.

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Description

Welcome to 978 Ferndale Avenue, a beautifully updated 3-bedroom side-split offering a fantastic combination of space, comfort and convenience in Fort Erie. Set on an impressive 80' x 113' lot, this move-in-ready home features a bright, open-concept main living area designed for both everyday living and entertaining. At the heart of the home is a well-appointed kitchen featuring quartz countertops, a Jennaire induction downdraft cooktop, built-in double wall ovens and plenty of workspace for the home chef. The adjoining living and dining areas provide an inviting setting for family gatherings or entertaining friends. Three comfortable bedrooms and two bathrooms complement the functional layout, while the finished lower level adds valuable additional living space—ideal for a family room, games area, home office, gym or guest space. Outside, enjoy a spacious backyard and patio with plenty of room for summer barbecues, entertaining or simply relaxing outdoors. Additional highlights include an attached garage, central air, owned high-efficiency furnace, owned on-demand hot water system and water softener. Conveniently located approximately 1.5 km from highway access and close to shopping, schools, parks and everyday amenities, 978 Ferndale offers the space you've been looking for in a convenient Fort Erie location. (id:66096)

Property Details

MLS®: 40858666
Property Type: Single Family
Zoning: R1
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 3
Interior Size: 1,471 ft²
Frontage: 80 ft
Year Built: 1974
Storeys: 2
Style: Other
Basement: Finished, Partial
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage
Ownership

Rooms

Lower level

Family room: 11'7'' x 19'7''
Laundry room: 8'0'' x 9'11''
2pc Bathroom: 5' x 5'
Foyer: 7'4'' x 9'7''

Second level

Bedroom: 8'2'' x 9'7''
Bedroom: 10'8'' x 11'4''
Bedroom: 9'8'' x 11'5''
5pc Bathroom: 6' x 7'

Main level

Dining room: 9'9'' x 9'9''
Kitchen

Features

Appliances: Water softener
Foundation: Poured Concrete
Exterior: Brick, Aluminum siding, Vinyl siding
Lot Features: Paved driveway

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

72d

Fort Erie listings, avg age

92d

Price / ft²

$381

List price

$560K

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 has been listed for 72 days, which is 20 days fresher than the city average of 92. Act while there is still low competition.

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Listed by One Percent Realty Ltd. · Martin Smith

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L2A)

This home lists at $559,900, about 7.7× the local median household income of $72,500.

Carrying it typically needs a household income of about $109,368 (20% down, 25-yr amortization, stress-tested) — roughly 51% 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)

$559,900· $381/ft²

For sale

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Full Cost Breakdown

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Down Payment5.53% · $30,990.00

Min 5.53%50%

Mortgage payment$2,932/mo

↳ CMHC premium ($21,156 capitalized)

Property tax (est.)$289/mo

Total monthly$3,222

Cash Needed to Close

Down payment (5.53%)$30,990

Land transfer tax$7,673

Est. closing costs$4,180

Total cash needed$42,843

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