170 Lakewood Avenue, Fort Erie, ON

$625,000
MLS#:X9347567
1 beds
2 baths
700-1100 sqft
5.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 337 - Crystal Beach. Expertly crafted featuring premium stone and vinyl siding construction, this residence presents an exceptional opportunity offered at $625,000 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.

  • 1 Bedroom and 2 Bathrooms
  • Generous living space spanning 700-1100 sqft on a premium 53.33 x 90 ft lot
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Air Exchanger, Auto Garage Door Remote, Generator - Full
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 170 Lakewood Avenue, a custom-built bungalow (2020) located in the heart of Crystal Beach. Offering 1,100 sq. ft. of thoughtfully designed living space, this home combines modern luxury with comfort. The open concept layout features high-end finishes, including quartz countertops, an undermount sink, and engineered hardwood flooring. The kitchen stands out with premium appliances, and the living room is highlighted by a gorgeous stone mantle and gas fireplace. Vaulted ceilings and recessed lighting enhance the spacious feel. The primary suite offers a walk-in closet and a 5-piece ensuite with a soaker tub and separate toilet room. Additional conveniences include main floor laundry and a 2-piece bath. The full basement, framed for extra bedrooms and a recreation room, is insulated with a rough-in, ready for your personal touch. Outside, the covered back patio and fully fenced yard provide a peaceful retreat, and the attached double car garage with auto door openers offers practical convenience, and plenty of storage space. A full generator ensures peace of mind. Located on a quiet street, just a short walk or bike ride to the beach, enjoy easy access to Lake Erie's shores, local restaurants, shops, and nearby Ridgeway, with quick access to the QEW and Peace Bridge. Don't miss the opportunity to make 170 Lakewood Avenue your new home.

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Property Summary

This detached home located at 170 Lakewood Avenue, Fort Erie is currently for sale and has been available on SousaSells for 671 days. This property is listed at $625,000 with an estimated mortgage of $2,080* per month. It has 1 bed, 2 bathrooms, and is 700-1100 square feet. 170 Lakewood Avenue, Fort Erie is in the 337 - Crystal Beach neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
1
Bathrooms
2
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 22, 2024
Sold price information is available to members only
Listed Date9/13/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionStone, Vinyl Siding
BasementFull, Partially Finished
Lot Size53.33 × 90 Feet
CountyNiagara
Annual Tax$4,781.26
Legal DescriptionLT 436 PL 425; PT LT 437 PL 425 PT 1 ON 59R14210 TOWN OF FORT ERIE

Parking & Garage

Parking Spaces5.0
Garage Spaces3
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Golf, Park, Marina, School, Rec./Commun.Centre

Interior Features

Air Exchanger, Auto Garage Door Remote, Generator - Full, Primary Bedroom - Main Floor, Rough-In Bath, Water Heater

Security Features

Community Features

Location

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170 Lakewood Avenue, Fort Erie, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 170 Lakewood Avenue, Fort Erie, ON L0S 1B0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Fort Erie.

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Interest Rate4.00%
Down Payment$187,500 (30.0%)
* Minimum Canadian down payment required for this price is $37,500.
Amortization Period30 Years
Estimated Monthly Payment$2,080Based on a loan of $437,500 over 30 years.
Purchase Price$625,000
Loan Amount$437,500
Provincial Land Transfer Tax:$8,975
Total Estimated Closing Taxes:$8,975

About Purchasing a Home in Fort Erie, ON

For a property listed at $625,000 in Fort Erie, the legal minimum down payment is $37,500 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 $8,975 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 $8,975.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 337 - Crystal Beach, Fort Erie.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$672,498

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Garrison Road
Public1110 Garrison Road, Fort Erie, Ontario, L2A 1N9
7.8
St Philomena
Public1332 Phillips Street, Fort Erie, Ontario, L2A 3C2
7.3
General Vanier
Public
6.8
Our Lady of Victory
Public300 Central Avenue, Fort Erie, Ontario, L2A 3T3
5.0

Secondary Schools

Greater Fort Erie
Public1640 Garrison Road, Fort Erie, Ontario, L2A 5M4
5.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.