Overview

This lot in Fort Erie is for sale offering roughly 900 sq ft of space. It has been on the market 9 days, fresher than the Fort Erie average of 112 days.

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Description

BUILD YOUR DREAM HOME IN RIDGEWAY'S SOUGHT-AFTER THUNDER BAY NEIGHBOURHOOD! Situated on a quiet street, this 50' x 105' corner lot offers an excellent opportunity to build a new home in one of Niagara's desirable lakeside communities. With potential for an approximately 1,300 sq ft home, this fully serviced lot will be ideal for those looking to create a comfortable, low-maintenance lifestyle just minutes from the shores of Lake Erie. Enjoy the convenience of a nearby park, walks to the Lake Erie shoreline and easy access to the 26-km Friendship Trail for walking, running and cycling. Historic Downtown Ridgeway's shops, restaurants and amenities are just minutes away, along with the sandy beaches and attractions of Crystal Beach. An exciting opportunity to build your own home and enjoy the relaxed lifestyle of Niagara's South Coast! (id:66096)

Market Timing

Days on market

Fort Erie (Ridgeway) listings, avg age

112d

Price / ft²

$264

List price

$238K

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 vacant land in Fort Erie (Ridgeway) has been listed for 9 days, which is 103 days fresher than the city average of 112. Act while there is still low competition.

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Area context

Neighbourhood profile (L0S)

This home lists at $237,500, about 2.5× the local median household income of $95,000.

Carrying it typically needs a household income of about $46,392 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$237,500· $264/ft²

For sale

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Financing

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#Part 1 193 Nicolas Road, Fort Erie (Ridgeway) - Vacant Land for Sale

Description

Property Details

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Market Timing

Location

Nearby Places

Neighbourhood profile (L0S)

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