3050 Jewell Avenue
335 - Ridgeway, Fort Erie
$450,000
Nestled in a exceptionally quiet area, this spacious property beautifully pairs a cozy cottage vibe with incredible investment avenues. The home features three comfortable bedrooms and a welcoming eat-in kitchen, all situated on a massive 140x120-foot lot that may offer severance potential for future development. Outdoor enthusiasts and hobbyists will love the oversized garage, perfect for storing a boat, vehicle, or setting up a spacious workshop. Best of all, you are within easy walking distance to the beach and just a short drive from the charming town centre of Ridgeway, making this the ultimate year-round retreat or development opportunity. Please view the 3D matterport to see all this property has to offer!
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,837 |
| Lot Size | 140 ft x 120 ft |
| mls© Number | X13489056 |
| Listed By | ONE PERCENT REALTY LTD. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,303
- Property tax
- $320
- Heat allowance
- $150
- Housing costs
- $2,773 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$85,000
gross annual household income
- Payment at 4%
- $1,894 / mo
- Cash down
- $90,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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