40 Promenade Way, Fort Erie, ON
Property no longer active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 Bungaloft detached located in the coveted neighborhood of 337 - Crystal Beach. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $900,000 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.
- 4 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 49.34 x 103.58 ft lot
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 12.0 total parking spaces available
- Notable attributes: Built-In Oven, Garburator, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
PRE-PANDEMIC PRICE!!!! Rare DOUBLE CORNER LOT with beach views. Seller prefers to sell 40 & 38 Promenade Way (adjoining lot) as a package deal, not separately, with a combined list price of $1,075,000. The light-filled, fully furnished, 4-bedroom, 4-bathroom bungaloft offers approx. 2500 sq ft of finished living space, w/most rooms having beach or lake views. It boasts great flow and energy, with an abundance of indoor and outdoor living spaces, perfect for large family gatherings, entertaining friends, 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. The main house offers excellent potential for short-term rentals. 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. The adjoining lot features an interlocking patio, a gas line for BBQ, and a 305 sq ft Garden Shed with hydro, water, & sewer services. It functions as an expanded outdoor entertaining space, featuring a full kitchen and two-piece bathroom, with tile floors, vaulted ceilings, and ample storage. Membership in CBTYC comes with exclusive use of the outdoor heated saltwater pool, tennis/pickleball courts, clubhouse with a party room and gym, park, and playground. For more information about the community, visit www.cbtyc.com.
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Property Summary
This detached home located at 40 Promenade Way, Fort Erie is currently for sale and has been available on SousaSells for 403 days. This property is listed at $900,000 with an estimated mortgage of $2,996* per month. It has 4 beds, 4 bathrooms, and is 1500-2000 square feet. 40 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Beach, Cul de Sac/Dead End, Golf, Lake Access, Marina, Waterfront
Interior Features
Built-In Oven, Garburator, Primary Bedroom - Main Floor, Sump Pump, Storage, Water Heater Owned
Security Features
Cold Alarm, Alarm System
Community Features
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Location
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 40 Promenade Way, Fort Erie, ON L0S 1B0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Fort Erie, ON
For a property listed at $900,000 in Fort Erie, the legal minimum down payment is $65,000 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 $14,475 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 $14,475.
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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.