$529,900

For sale

#6 340 Prospect Point Road North, Fort Erie (Ridgeway) - Single Family for Sale

#6 340 Prospect Point Road North, Fort Erie (Ridgeway), Ontario, L0S1N0

3 beds3 baths2 parking1,300 ft²$180/mo condo feeListed 23 days ago

Overview

This 3-bedroom, 3-bathroom condo in Fort Erie is for sale offering roughly 1,300 sq ft of space. Listed at $529,900, it is attractively priced about 29% below the $749,000 median asking price in Fort Erie. It has been on the market 23 days, fresher than the Fort Erie average of 113 days.

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Description

Stunning turn-key end-unit townhouse offering 3 bedrooms, 2.5 bathrooms, a 1-car garage, and the ultimate privacy of no rear neighbors. This meticulously updated home features absolutely no carpet, showcasing seamless luxury vinyl flooring and a beautiful, solid oak staircase. At the heart of the home is a brand-new gourmet kitchen equipped with elegant undercounter lighting and premium appliances that are less than a year old. Most windows are outfitted with sleek, custom blinds, adding a sophisticated finish throughout. The living space extends down to a fully finished walk-out basement, which flows effortlessly to the outdoors where you can relax or entertain on your private deck in a peaceful, quiet setting. Please view the 3D Matterport to see all this amazing property offers! (id:66096)

Property Details

MLS®: X13886564
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 2
Interior Size: 1,300 ft²
Storeys: 2
Basement: Finished, Separate entrance, Walk out, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage, Inside Entry
Condo Fee: $180/mo
Fee Includes: Common Area Maintenance, Parking
Ownership: Condo/Strata
Property Tax: $5,060/yr

Rooms

Ground level

Bathroom: 1.6 x 1.2 meters

Main level

Living room: 4.83 x 2.59 meters
Kitchen: 4.75 x 3.15 meters

Second level

Bedroom: 4.39 x 3.05 meters
Bedroom 2: 4.29 x 3 meters
Bedroom 3: 3.25 x 2.92 meters
Bathroom: 2.4 x 1.5 meters

Lower level

Recreational, Games room: 4.8 x 4.27 meters
Bathroom

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Garage door opener remote(s)
Exterior: Brick, Vinyl siding
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

23d

Fort Erie (Ridgeway) listings, avg age

113d

Price / ft²

$408

List price

$530K

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 (Ridgeway) has been listed for 23 days, which is 90 days fresher than the city average of 113. Act while there is still low competition.

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Listed by ONE PERCENT REALTY LTD. · GRAHAM DURRANT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0S)

This home lists at $529,900, about 5.6× the local median household income of $95,000.

Carrying it typically needs a household income of about $103,508 (20% down, 25-yr amortization, stress-tested) — roughly 9% 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)

$529,900· $408/ft²

For sale

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Full Cost Breakdown

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Down Payment5.28% · $27,990

Min 5.28%50%

Mortgage payment$2,783/mo

↳ CMHC premium ($20,076 capitalized)

Property tax (est.)$422/mo

Condo fee$180/mo

Total monthly$3,384

Cash Needed to Close

Down payment (5.28%)$27,990

Land transfer tax$7,073

Est. closing costs$4,090

Total cash needed$39,153

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