Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of 335 - Ridgeway. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $474,850 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.
This property presents an exceptional opportunity at this price point. It is difficult to believe that one can acquire just under an acre of land, complete with a full-sized barn that can accommodate two horses. Furthermore, the owner is willing to install a brand-new septic system prior to closing, provided a firm agreement is reached. The residence features numerous updates and requires only minimal cosmetic enhancements to transform it into the perfect home. Potential alterations could include reducing an upstairs bedroom and adding a second bathroom, along with some drywall work, resulting in a comfortable living space for years to come. The realtor, who has a background in construction, can provide renovation estimates to assist with these plans. While the home is currently livable as-is, the appeal of the one-acre lot and barn is compelling. The property comprises one bedroom on the main floor and three bedrooms on the second floor, along with a single bathroom. Notably, the heating system has been upgraded to a state-of-the-art Navien tankless water system, providing both heating and hot water. The home also features two fireplaces. With minimal effort, this property offers a promising foundation for creating your dream home, and the inclusion of a new septic system is an excellent starting point.
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This detached home located at 2503 Dominion Road, Fort Erie is currently for sale and has been available on SousaSells for 448 days. This property is listed at $474,850 with an estimated mortgage of $1,581* per month. It has 4 beds, 1 bathroom, and is 1500-2000 square feet. 2503 Dominion Road, Fort Erie is in the 335 - Ridgeway neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Water Heater Owned, Water Meter
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 2503 Dominion Road, Fort Erie, ON L0S 1N0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Fort Erie.
About Purchasing a Home in Fort Erie, ON
For a property listed at $474,850 in Fort Erie, the legal minimum down payment is $23,743 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 $5,972 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 $5,972.
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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.