This property was sold on December 16, 2024. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of 333 - Lakeshore. Expertly crafted featuring premium vinyl siding and brick 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.
Story-book style home on a quiet, secluded street that is a hidden gem in Fort Erie! This 2+2 bedroom, 2.5 bathroom home has light filled rooms and classic characteristics such as wood trim, decorative ceiling finishes, an archway between the dining room & living room with gas fireplace, and lots of custom built-in storage cupboards, cabinets and drawers. Blending the original with the new, recent updates include a fresh coat of paint and new flooring. The main level also features a kitchen with French door, two bedrooms, and a 3-piece bathroom. Upstairs there are two more bedrooms and another 3-piece bathroom as well as hallway closet and drawer storage. The basement has a recroom, 2-piece bathroom, utility room and laundry room with sink. No need to cut the grass in the fenced-in back-yard as the interesting interlock paths and gardens fill this yard and make it a great place to potter in the garden or relax on the covered patio. Beyond the fence is a grass laneway – so no direct rear neighbours! Other specs include the house being wired for a generator and a 2-car long garage. Located close to Hwy#3 shopping & amenities, the Peace Bridge to USA and the QEW Highway to Toronto.
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This detached home located at 50 RICELAND Avenue, Fort Erie is currently for sale and has been available on SousaSells for 652 days. This property is listed at $525,000 with an estimated mortgage of $1,748* per month. It has 4 beds, 3 bathrooms, and is 1100-1500 square feet. 50 RICELAND Avenue, Fort Erie is in the 333 - Lakeshore neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Other
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 50 RICELAND Avenue, Fort Erie, ON L2A 1R3
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 $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.