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.
Backing directly onto the Friendship Trail! Original owners! This well maintained Bungalow, offers a rare 59'x154' deep lot with direct backyard access to the Friendship Trail and a beautiful, mature, private treed setting. Located on a quiet street close to Downtown Ridgeway and Lake Erie, this home offers over 1,900 sq. ft. of finished living space and an exceptional outdoor setting. The bright and inviting main floor features 2 bedrooms and an open concept living, dining and kitchen area with vaulted ceiling. The kitchen offers granite countertops, moveable island, pantry and stainless steel appliances. The living room features a gas fireplace with stone surround, while patio doors from the dining area lead to a spacious 12'x22' deck overlooking the private, tree lined backyard. The primary bedroom includes a walk-in closet and 4-piece ensuite, while the second bedroom features a vaulted ceiling, large window and custom closet organizer. Convenient main-floor laundry and beautiful hardwood and ceramic flooring complete the main level. The partly finished lower level adds excellent living space, including a spacious rec room with a second gas fireplace, a third bedroom with walk-in closet, and a large 3-piece bathroom. The large unfinished area provides plenty of storage space. Additional features include a Generac generator, California shutters, gas BBQ hookup, shed and much more! A wonderful home in an exceptional location, with the Friendship Trail right at your doorstep. A rare opportunity in Ridgeway that you won't want to miss!
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
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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$3,584/mo
Mortgage (principal + interest)$3,067
Property taxFrom listing: $6,198/yr$517
Minimum $56,990 down for this price; the slider moves in whole percent, starting at 7%. 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$163,980
Ontario land transfer taxProvincial brackets, no first-time refund$12,873
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$179,653
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.
