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.
Stunning vacation or year-round opportunity to live life on the Lake with your own private beach in the quaint, picturesque town of Ridgeway! Predominantly LAND VALUE - the current home is brought down to the studs and in serious general disrepair. Reimagine this unique structure into a truly charming, one-of-a-kind abode, start fresh and build that dream exactly how you've envisioned, or alternatively investigate its development/severance potential. Incredible views and a tranquil lifestyle on Lake Erie, with over 100 ft of private beach and waterfront, all situated at the end of a quiet cul-de-sac. Extremely close proximity to public beaches, Marinas, walking/biking trails, shops, cafes and restaurants! Ridgeway is long-loved by those who call this lovely town home year-round, as well as a Summer Home destination. Close to the Canadian/US border, and major highways nearby for those looking to live the peaceful life yet commute easily into larger cities. Imagine the opportunity to lie on the beach, swim, boat, kayak, paddle board, Sea-Doo, and fish right in your own backyard!
Demographic data is not available for this area yet.
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Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
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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$5,783/mo
Mortgage (principal + interest)$5,200
Property taxFrom listing: $7,000/yr$583
Minimum $114,000 down for this price; the slider moves in whole percent, starting at 9%. Under 20% adds mortgage default insurance. 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$278,000
Ontario land transfer taxProvincial brackets, no first-time refund$24,275
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$305,075
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.
