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.
This former show home is a 3-bedroom, 3-bathroom bungalow offering 1,842 sq. ft. of living space, located in the upscale adult lifestyle community of Ridgeway-by-the-Lake, just minutes from Lake Erie, historic Ridgeway and the sandy beaches of Crystal Beach. Step inside 3562 Algonquin Dr and you'll find a bright, open-concept design with vaulted ceilings, engineered hardwood flooring and oversized windows that fill the main living space with natural light. The kitchen is designed for both everyday living and entertaining, featuring granite countertops, stainless steel appliances, a double undermount sink, coffee bar and an extended island with seating for four. The adjoining living and dining area is anchored by a gas fireplace, while double glass doors open to the covered patio and fully fenced backyard, where mature spruce trees provide year-round privacy. The main floor offers two bedrooms and two full bathrooms, including a spacious primary suite with a custom walk-in closet and 5-piece ensuite featuring heated floors, quartz counters, double sinks, a soaker tub and separate shower. A well-equipped laundry room adds excellent functionality with granite counters, an undermount sink, upper cabinetry, a large walk-in pantry/closet and direct access to the 2-car garage. Downstairs, the finished basement expands the living space with a generous rec room, third bedroom with custom walk-in closet, 4-piece bath and large egress windows. The unfinished utility area provides plenty of additional storage. Other highlights include a Generac generator, backup sump pump, roughed-in central vac, security system and gas BBQ hookup. There's even more to discover-see the Feature Sheet in Supplements for a complete list of additional features and upgrades. Also included is a brochure for the nearby Algonquin Club, where residents may choose optional membership and enjoy access to a saltwater pool, fitness centre, sauna, billiards room and a variety of social activities.
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What’s NearbyDistances approximate
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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$4,455/mo
Mortgage (principal + interest)$3,666
Property taxFrom listing: $9,475/yr$790
Minimum $72,990 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$195,980
Ontario land transfer taxProvincial brackets, no first-time refund$16,073
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$214,853
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.
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