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Price Change$879,000

340 Thornwood Avenue

335 - Ridgeway, Fort Erie

$849,999

Detached|Bungalow
4 | 3 | 6
About this home

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.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,637
Lot Size150 ft x 140 ft
mls© NumberX13824628
Listed ByREVEL Realty Inc., 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%
$4,351
Property tax
$386
Heat allowance
$150
Housing costs
$4,887 / mo

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

Down payment20% · $170,000
25-yr amortization

Income needed

$150,000

gross annual household income

Payment at 4%
$3,577 / mo
Cash down
$170,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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