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Listed 16 days ago

3595 Algonquin Drive

335 - Ridgeway, Fort Erie

$1,075,000

Detached|Bungalow
3 | 3 | 3
About this home

Welcome to 3595 Algonquin Drive! Discover relaxed comfortable living in the over 3,000 sq ft of living space of this beautiful custom-built home situated in the sought-after adult lifestyle community of Ridgeway-by-the-Lake. Designed with an open concept, the main floor features a large tiled entrance leading to a spacious bright living area with a cathedral ceiling, transom window and an attractive in-wall fireplace. The dining area has views over the garden and rear patio. The generous kitchen has Cambria quartz countertops with an extended wrap-around peninsula providing maximum workspace as well as space for casual meals at the counter, featuring floor to ceiling cabinetry .The kitchen, the small similarly-decorated bar area, and the dining room share access to the peace and seclusion of a lovely patio surrounded by meticulously maintained gardens. The mudroom and laundry area lead off the kitchen. The main bedroom has a spacious walk-in closet, and an en-suite bathroom with a double vanity, bath and tiled shower stall. There is a guest bedroom, a second bathroom and a study/office. The main floor has hardwood flooring while the lower level has premium-quality laminate floors.The finished lower level adds exceptional living space featuring a spacious family room, large den, guest bedroom, bathroom, fridge/freezer room, and a small gym. There is also a large storage area. This home has a new air-conditioner (2025), and a new Generac generator and forced air furnace both installed in 2026, providing comfort and peace of mind. As a resident of Ridgeway-by-the-Lake, you will enjoy the convenience of being just a short walk to the beautiful private clubhouse. Optional membership includes access to amenities such as a pool, library, gym and pool room. Ridgeway village is just minutes away, as is the lake . This is a wonderful opportunity to enjoy the lifestyle you have been looking for! Come and take a peek - you may just feel right at home

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$9,274
Lot Size72.18 ft x 107.28 ft
mls© NumberX14099044
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%
$5,502
Property tax
$773
Heat allowance
$150
Housing costs
$6,425 / mo

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

Down payment20% · $215,000
25-yr amortization

Income needed

$198,000

gross annual household income

Payment at 4%
$4,524 / mo
Cash down
$215,000

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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