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Listed 1 month ago

532 RIDGEWAY Road

337 - Crystal Beach, Fort Erie

$999,000

Detached|2-Storey
3 | 2 | 6
About this home

Lakeview Licensed Short-Term Rental | 60 x 105 Premium Corner Lot | Pool & Hot Tub | Turnkey Investment Opportunity Welcome to a rare beachfront opportunity in the heart of Crystal Beach. This fully licensed short-term rental property offers direct waterfront living combined with strong income potential, making it ideal for both end users and investors. Set on a premium corner lot with dual street access, this property provides exceptional privacy, flexibility, and future potential. Enjoy unobstructed beach views, stunning sunsets, and the ultimate Lake Erie lifestyle. The home features 3+1 bedrooms, 2 bathrooms, and a functional layout designed for group stays and family enjoyment. A finished attic space adds additional sleeping or recreational flexibility. Outdoor living is a highlight, with a private above-ground pool, hot tub, and ample space for entertaining. Whether relaxing after a beach day or hosting guests, this property is designed for year-round enjoyment. This is a fully operational, income-generating asset in one of Southern Ontario's most desirable waterfront communities. Just steps from the beach, this is a rare opportunity to own a turnkey waterfront investment in Crystal Beach.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,438
Lot Size60 ft x 105.6 ft
mls© NumberX13849096
Listed ByRE/MAX REALTY SPECIALISTS INC.

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%
$5,113
Property tax
$536
Heat allowance
$150
Housing costs
$5,800 / mo

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

Down payment20% · $199,800
25-yr amortization

Income needed

$178,000

gross annual household income

Payment at 4%
$4,204 / mo
Cash down
$199,800

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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