Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 335 - Ridgeway. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $525,000 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.
Welcome to desirable Thunder Bay in Ridgeway-an exceptional opportunity to own a large corner property just one block from the sandy shores of Bernard Beach. Situated on an impressive 140 ft x 125 ft corner lot, this charming framed bungalow with full foundation offers the perfect blend of cottage character, year-round enjoyment, and exciting future potential. Lovingly enjoyed for generations as a family cottage, this property is filled with warmth and memories and is now ready for new owners to create their own. Inside, enjoy a comfortable layout highlighted by a beautiful rear sunroom, the ideal space to relax with morning coffee or unwind after a day at the beach. The expansive lot provides outstanding flexibility-continue enjoying the existing home, renovate and expand, create your dream retreat, or explore future development possibilities. The corner configuration may present potential for lot severance and/or additional building opportunities (all future uses, severance potential, and development opportunities to be independently verified with the Town of Fort Erie).Location truly sets this property apart. Enjoy easy walking access to Bernard Beach for swimming, sunsets, and summer recreation while being only minutes from downtown Ridgeway, known for its: boutique shops and local retailers restaurants, cafés, patios, the popular Ridgeway Market and community events. The scenic Friendship Trail for walking and cycling. A welcoming small-town atmosphere with year-round appeal whether you're searching for a summer escape, year-round residence, investment property, or future development opportunity, 3163 Evadere Avenue offers a rare combination of location, lot size, lifestyle, and long-term potential in one of Fort Erie's most sought-after lake communities. Create your next chapter in Thunder Bay.
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Data-driven valuation for 3163 Evadere Avenue, Fort Erie, ON L0S 1N0
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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 $525,000 in Fort Erie, the legal minimum down payment is $27,500 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 $6,975 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 $6,975.
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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.