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Listed 2 months ago

3563 Dominion Road

335 - Ridgeway, Fort Erie

$750,000

Detached|Bungalow-Raised
2 | 2 | 7
About this home

Welcome to this impressive raised bungalow in the heart of Ridgeway, where pride of ownership is evident throughout. Beautiful curb appeal welcomes you into a bright, open-concept main level featuring vaulted ceilings, an abundance of natural light and generous kitchen, dining and living spaces designed for family gatherings and entertaining. The spacious primary bedroom features a large walk-in closet, while a well-sized second bedroom offers flexibility for family, guests or a home office. Step outside to a large, deep lot backing onto green space with no rear neighbours, offering incredible privacy and plenty of room to relax, entertain or enjoy the outdoors. The lower level adds exceptional versatility with a separate entrance and existing one-bedroom rental setup, providing the perfect opportunity for an in-law suite, multi-generational living or continued rental income.Complete with a large two-car garage, ample parking and a fantastic location close to the shops, restaurants and charm of downtown Ridgeway, and just minutes from Crystal Beach. A wonderful combination of space, privacy, income potential and location!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow-Raised
Approx. Age6-15
Size1100-1500 sq. ft.
Property Tax$6,103
Lot Size60.14 ft x 197.39 ft
mls© NumberX13787238
Listed ByRE/MAX NIAGARA REALTY LTD, BROKERAGE

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%
$3,839
Property tax
$509
Heat allowance
$150
Housing costs
$4,497 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $150,000
25-yr amortization

Income needed

$138,000

gross annual household income

Payment at 4%
$3,156 / mo
Cash down
$150,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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