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 340 Thornwood! For the first time ever, this beautiful bungalow is being offered for sale in the heart of Ridgeway. Ideally located within easy walking distance of the village, you'll enjoy convenient access to groceries, shops, restaurants, parks and all the amenities Ridgeway has to offer. The beautiful sandy beaches of Crystal Beach are also just a short drive away. This inviting home offers four bedrooms, quality finishes and two gas fireplaces, creating a warm and comfortable atmosphere throughout. The spacious family room features soaring cathedral ceilings, providing an impressive gathering space for family and friends.The heated attached garage adds year-round convenience, while the full basement provides plenty of additional space for storage, hobbies, recreation or future possibilities. A Generac generator offers added peace of mind and convenience, ensuring your home is prepared when you need it most.Outside, you'll find separate outdoor storage sheds, providing plenty of room for gardening equipment, tools, recreational gear and more. Adding to the appeal is the potential opportunity to sever an additional building lot, offering exciting possibilities for the future. Whether you explore the severance potential or simply enjoy the additional space for your growing family, this property offers flexibility and room to grow. A rare opportunity to own a well-appointed home in the heart of Ridgeway, close to village amenities and just minutes from beautiful Lake Erie beaches.
Demographic data is not available for this area yet.
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Age Groups
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Owners vs Renters
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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$3,566/mo
Mortgage (principal + interest)$3,180
Property taxFrom listing: $4,637/yr$386
Minimum $60,000 down for this price; the slider moves in whole percent, starting at 8%. 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$170,000
Ontario land transfer taxProvincial brackets, no first-time refund$13,475
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$186,275
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.
