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335 - Ridgeway, Fort Erie
$475,000
Located in a quiet part of Ridgeway's desirable Thunder Bay neighbourhood, and just moments from the shores of Lake Erie, this charming 1.5-storey home offers approximately 1,500 sq ft of living space with plenty of room for a growing family, home business, or downsizers seeking flexibility and convenience. The main floor features a bright and welcoming living room with a wood-burning fireplace, complete with a beautiful stone surround and wood mantel, while the expansive front window fills the space with natural light. The dining area includes large sliding doors to the backyard, creating an easy connection to outdoor living and entertaining. The functional kitchen offers ample cabinetry and leads to the main-floor laundry area and 4-piece bathroom. Also on the main level is the spacious primary bedroom, which could also function well as a home office or business space, featuring its own side entrance and sliding doors to the backyard for added flexibility and convenience. Upstairs, you'll find three generously sized bedrooms, providing plenty of space for family, guests, or hobbies. Outside, the property includes a detached single-car garage with workshop space, a garden shed, and an expansive backyard perfect for relaxing, gardening, or entertaining. If the buyers were to pursue a municipality-approved minor variance, there is also potential to sever the 105ft x 125ft lot into two lots, offering future development or investment possibilities. Ideally situated between the Friendship Trail and the Lake Erie shoreline, the area offers endless opportunities for walking, running, cycling, kayaking, paddleboarding, shopping, and dining. Just a short drive to Downtown Ridgeway's shops and restaurants, Crystal Beach's sandy shoreline, and only 15 minutes to the QEW or Peace Bridge, this property combines lifestyle, flexibility, and future potential in one attractive package.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 51-99 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $3,715 |
| Lot Size | 105 ft x 125 ft |
| mls© Number | X14144392 |
| Listed By | RE/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%
- $2,431
- Property tax
- $310
- Heat allowance
- $150
- Housing costs
- $2,891 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$89,000
gross annual household income
- Payment at 4%
- $1,999 / mo
- Cash down
- $95,000
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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