348 Prospect Point Road, Fort Erie, ON

$699,900
MLS#:X12003670
2 beds
2 baths
1100-1500 sqft
4.0 parking
Residential Freehold
Loading property media...
⚠️

Property no longer active

This property was sold on March 24, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow att/row/townhouse located in the coveted neighborhood of 335 - Ridgeway. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $699,900 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 42.07 x 97.64 ft lot
  • Features a full, development potential basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Central Vacuum, Primary Bedroom - Main Floor, Sump Pump
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Your next home is this End Unit Freehold Townhome located in the quaint Historic Village of Ridgeway. Niagara's hidden gem. Only a short walk to enjoy the sights, sounds and small town atmosphere of the shops & boutiques, spas, art galleries, theatre, unique services and fantastic eateries. Steps away from the Friendship Trial and a short walk south brings you to Lake Erie with it's sandy beaches. Also located minutes from beautiful Crystal Beach and a short drive to Sherkston Shores, Niagara Falls, Welland, Port Colborne and the Canada-US border. This wonderful home has an open concept living space on the main level laid out for functionality and can be perfect for entertaining or just simplified living. The high quality kitchen has a long centre island, quartz counter tops, wooden cabinetry and stainless appliances adjacent a bright dining space with patio door access to the rear deck and across from the large living area with quality hardwood floors; all beneath cathedral ceilings with recessed lighting. Large primary bedroom has 3-piece ensuite and walk-in closet. The second main floor bedroom is perfect for guests or may be used as an office with its 4-piece bath nearby. The drywalled lower level also boasts a 8x7 landing area at the bottom of the stairs with double doors to approximately 1450 sqft currently used as a rec room and workshop; this space is open to so many possibilities. There is a large attached double garage and asphalt driveway. The property is beautifully landscaped in the front, along the side and into the back where there is a fully fenced 36x12 deck with a 24x12 awning. Other features include main floor laundry, reverse osmosis water purification system, Central vacuum.

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Property Summary

This townhouse located at 348 Prospect Point Road, Fort Erie is currently for sale and has been available on SousaSells for 499 days. This property is listed at $699,900 with an estimated mortgage of $2,330* per month. It has 2 beds, 2 bathrooms, and is 1100-1500 square feet. 348 Prospect Point Road, Fort Erie is in the 335 - Ridgeway neighborhood.

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

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 24, 2025
Sold price information is available to members only
Listed Date3/6/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural StyleBungalow
ConstructionVinyl Siding
BasementFull, Development Potential
Lot Size42.07 × 97.64 Feet
CountyNiagara
Annual Tax$4,969
Legal DescriptionLOT 5, PLAN 59M397 SUBJECT TO AN EASEMENT IN GROSS OVER PT LT 5 PL 59M397 DESIGNATED AS PART 2, 59R14773 AS IN SN366555 SUBJECT TO AN EASEMENT OVER PART LOT 5 PL 59M397 BEING PARTS 2 & 5 ON 59R14935 IN FAVOUR OF LOT 6, PLAN 59M397 AS IN SN383103 SUBJECT TO AN EASEMENT OVER PART LOT 5 PL 59M397 BEING PARTS 2 & 5 ON 59R14935 IN FAVOUR OF LOT 7, PLAN 59M397 AS IN SN383103 TOWN OF FORT ERIE

Parking & Garage

Parking Total4.0
Parking Space2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, Public Transit, Rec./Commun.Centre

Interior Features

Central Vacuum, Primary Bedroom - Main Floor, Sump Pump, Water Heater, Water Meter, Water Purifier, Auto Garage Door Remote

Security Features

Community Features

Location

Initializing map...
348 Prospect Point Road, Fort Erie, ON
Loading local market trends...

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 348 Prospect Point Road N, Fort Erie, ON L0S 1N0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$209,970 (30.0%)
* Minimum Canadian down payment required for this price is $44,990.
Amortization Period30 Years
Estimated Monthly Payment$2,330Based on a loan of $489,930 over 30 years.
Purchase Price$699,900
Loan Amount$489,930
Provincial Land Transfer Tax:$10,473
Total Estimated Closing Taxes:$10,473

About Purchasing a Home in Fort Erie, ON

For a property listed at $699,900 in Fort Erie, the legal minimum down payment is $44,990 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 $10,473 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 $10,473.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 335 - Ridgeway, Fort Erie.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$826,160

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%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

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.