The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Welcome to 254 Prospect Point Road- A Rare Lakefront Opportunity in the Heart of Ridgeway-Crystal Beach, where lakefront living meets exceptional opportunity.Situated on the shores of Lake Erie in the Niagara region's South Coast, bordering between the quaint town of Ridgeway and the white sands of Crystal Beach. this remarkable estate-sized lot boasts 155 feet of frontage and 400 feet of depth, making this one of the largest fully serviced in-Town lots along Lake Erie's North ShoreWith its executive presence and impressive curb appeal, the property immediately captures attention from the moment you arrive. A well positioned main floor entrance, double car garage and Lakefront walkout, this home boosts approximately 2850 square feet of expansive living space. The home provides a wonderful canvas for those looking to renovate, modernize, or expand into a spectacular lakefront residence.The expansive property is truly the star of the show. With 155 feet of frontage within the urban boundary, the lot presents exciting potential for those wishing to explore development possibilities. Subject to municipal approvals, buyers may wish to investigate the potential to create two - and possibly three - lakefront lots, making this an extraordinary opportunity for investors or builders seeking premium serviced waterfront land.Whether you are searching for a magnificent lakefront estate property, a renovation project with tremendous upside, or a unique development opportunity along the shores of Lake Erie, 254 Prospect offers a truly rare combination of location, size, and potential. A strong, well-built breakwall is an incredibly important feature for any waterfront property. This one provides excellent protection from waves, erosion, and changing lake conditions while helping preserve and protect the shoreline for years to come property of this scale and waterfront presence seldom becomes available, making this opportunity at 254 Prospect Point South truly unique.
Property Details
Listing
MLS® number
X13704060
Status
For Sale
Listed
Aug 21, 2026
Last updated
Oct 21, 2026
Possession
Flexible
Building
Type
Detached
Style
Bungalow
Approx. age
Not provided by brokerage
Approx. size
2,500–3,000 ft²
Basement
Finished, Walk-Out
Lot
Frontage
155.42 ft
Depth
400.00 ft
Lot area
≈ 62,168 ft² (calculated)
View
East
Community
335 - Ridgeway
Parking & utilities
Garage
Attached, Garage, 2 spaces
Driveway
6 spaces
Heating
Forced Air
Cooling
Central Air
Water / sewer
Not provided by brokerage
Taxes
Property tax
$10,620 / 2026
Condo fee
N/A
Source
Data source
TRREB (VOW feed)
Listed by
REVEL Realty Inc., Brokerage
Interior
Level
Room
Size
Features
Loading rooms…
Interior Features
Bedrooms above grade: 2
Kitchens: 2 above grade
Basement: Finished, Walk-Out
Heating: Forced Air
Cooling: Central Air
Fireplace: Yes
Central vacuum: Yes
Exterior
Waterfront: Yes
Waterfront features: Direct
Pool features: None
Cross street: THUNDER BAY RD TO PROSPECT POINT ROAD
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$7,244/mo
Mortgage (principal + interest)$6,359
Property taxFrom listing: $10,620/yr$885
Minimum 20% ($339,980 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$339,980
Ontario land transfer taxProvincial brackets, no first-time refund$30,473
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$373,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Fort Erie has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
