122 Ridgeway Road, Fort Erie, ON
Property Highlights
Welcome to this remarkable investment located in the coveted neighborhood of Crystal Beach. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,999,990 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 21 Bathrooms
- Premium 300 x 233 ft lot size
- Convenient double detached garage included
- equipped with yes central cooling and highly efficient baseboard heating
Description
Positioned on an expansive corner lot of nearly 2 acres, the Crystal Beach Motel presents a rare and versatile investment opportunity in the growing Fort Erie area. This well-established property features 20 guest rooms, each with its own washroom, with many units thoughtfully updated to meet modern standards.The property includes a detached garage, dedicated office and a comfortable one-bedroom manager's apartment complete with a four-piece bathroom, offering convenient on-site living. Guests and visitors benefit from approximately 23 parking spaces and a welcoming outdoor fire pit area with seating-perfect for relaxation and social gatherings. Currently operating as a motel under legal non-conforming commercial use, the property is now zoned Residential Multiple, opening the door to a wide variety of permitted uses and future redevelopment potential (subject to approval by the Town of Fort Erie).Ideally located just minutes from the vibrant shores of Crystal Beach and the historic, lively community of Ridgeway, this site is surrounded by ongoing and proposed developments, further enhancing its long-term value.Buyers are responsible for conducting their own due diligence regarding zoning, planning, and development requirements. This is truly a prime opportunity for developers, investors, or entrepreneurs looking to capitalize on a high-potential property in a rapidly evolving area.
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Property Summary
This investment located at 122 Ridgeway Road, Fort Erie is currently for sale and has been available on SousaSells for 176 days. This property is listed at $2,999,990 with an estimated mortgage of $9,986* per month. It has 0 beds, 21 bathrooms, and is unknown square feet. 122 Ridgeway Road, Fort Erie is in the Crystal Beach neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Crystal Beach, Fort Erie.
- •21 well-appointed bathrooms
- •Desirable Investment architecture in Crystal Beach, Fort Erie
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Fort Erie?
If you are looking for a house in Fort Erie or researching Fort Erie real estate for sale, this investment at 122 Ridgeway Road, Fort Erie, ON offers an exceptional opportunity to buy a home in Fort Erie, Ontario. Whether you are a first-time Fort Erie home buyer or comparing active Fort Erie MLS® homes for sale, working with a dedicated Fort Erie buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Fort Erie Buyer Budget & Costs
Estimated mortgage: $9,986*/month*. Estimated Ontario Land Transfer Tax: $61,475. First-time Fort Erie home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Fort Erie
Frequently Asked Questions about 122 Ridgeway Road, Fort Erie, ON
Q.What is the asking price for 122 Ridgeway Road, Fort Erie, ON ?
The current listing price for 122 Ridgeway Road, Fort Erie, ON in Crystal Beach, Fort Erie is $2,999,990.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and 21 bathrooms.
Q.What property type and architectural style is 122 Ridgeway Road, Fort Erie, ON ?
122 Ridgeway Road, Fort Erie, ON is a Investment () featuring a basement.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Yes.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Crystal Beach, Fort Erie
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 122 Ridgeway Road, Fort Erie, ON L0S 1B0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Fort Erie, ON
For a property listed at $2,999,990 in Fort Erie, the legal minimum down payment is $599,998 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $61,475 for this transaction. As this listing is in Fort Erie (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $61,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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