38 Promenade Way, Fort Erie, ON

$175,000
MLS#:X12207359
0 beds
1 baths
Residential Freehold
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Property no longer active

This property was sold on September 25, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable vacant land located in the coveted neighborhood of 337 - Crystal Beach. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $175,000 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.

  • 0 Bedrooms and 1 Bathroom
  • Premium 40 x 105.92 ft lot size
  • 0.0 total parking spaces available
  • Notable attributes: Garburator, Storage Area Lockers

Description

PRE-PANDEMIC PRICE!! Vacant lot with a 305 sq ft "Garden Shed" Seller prefers to sell 38 & 40 Promenade Way (adjoining house) as a package deal, not separately, with a combined list price of $1,075,000. The location of this very unique opportunity is steps from the jewel of Crystal Beach Tennis & Yacht Club, the private white-sand beach. This fully landscaped lot features interlocking patio and walkways, a gas line for BBQ, and a "Garden Shed" with hydro, water, & sewer services, functioning as an expanded outdoor entertaining space with a stove, dishwasher, fridge, dining area and toilet. It also features tile floors, vaulted ceilings, a potting room and tonnes of storage. This versatile investment offers options: enjoy both properties as is, build a second home on the lot, rent out the house or sell the lot. The main house currently encroaches on the adjoining lot; the buyer is responsible for conducting their own due diligence regarding the sale of the lot or the construction of a second house. Main House Description: Fully furnished 4-bdrm, 4-bath bungaloft offers approx 2500 sq ft of finished living space with most of the rooms having beach or lake views. It boasts great flow and energy, w/ an abundance of indoor and outdoor living spaces, perfect for entertaining friends or family, or quiet nights curled up in front of the fire. Notable features include: soaring vaulted ceilings, hardwood floors throughout the main and second floors, spacious front porch and sun room both with screens and storm windows, open concept kitchen with a built-in range top & oven & breakfast island, gas fireplace in family room, multiple walkouts enhance an indoor/outdoor living environment, pot lights, partially finished basement, backflow preventer valve, professionally landscaped perennial gardens, fencing, multi car driveway & street parking, alarm system, the list goes on.

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Property Summary

This vacant land located at 38 Promenade Way, Fort Erie is currently for sale and has been available on SousaSells for 404 days. This property is listed at $175,000 with an estimated mortgage of $583* per month. It has 0 beds, 1 bathroom, and is unknown square feet. 38 Promenade Way, 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

0
Bathrooms
1
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 23, 2025
Sold price information is available to members only
Listed Date6/9/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
BasementNone
Lot Size40 × 105.92 Feet
CountyNiagara
Annual Tax$1,957
Legal DescriptionPCL 37-1 SEC 59M208; LT 37 PL 59M208 FORT ERIE T/W LT114078; S/T LT92134, LT92136, LT92137, LT92138; FORT ERIE

Parking & Garage

Parking Total0.0
Parking Space0

Heating & Cooling

Features

Property Features

Fenced Yard

Interior Features

Garburator, Storage Area Lockers

Security Features

Community Features

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Location

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38 Promenade Way, 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 38 Promenade Way, 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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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$52,500 (30.0%)
* Minimum Canadian down payment required for this price is $8,750.
Amortization Period30 Years
Estimated Monthly Payment$583Based on a loan of $122,500 over 30 years.
Purchase Price$175,000
Loan Amount$122,500
Provincial Land Transfer Tax:$1,475
Total Estimated Closing Taxes:$1,475

About Purchasing a Home in Fort Erie, ON

For a property listed at $175,000 in Fort Erie, the legal minimum down payment is $8,750 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 $1,475 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 $1,475.

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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.