83 Spinnaker Drive, Fort Erie, ON

$1,199,900
MLS#:X10429091
3 beds
3 baths
2000-2500 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on March 3, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 335 - Ridgeway. Expertly crafted featuring premium brick and board & batten construction, this residence presents an exceptional opportunity offered at $1,199,900 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.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 60 x 118 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 83 Spinnaker Dr. This stunning and spacious bungalow boasts approx 4000 ft. of total living space. Located in the award-winning most sought-after prestigious community of Ridgeway By The Lake. Just a short drive to the beautiful sandy shores of Crystal Beach, and only minutes to quaint downtown Ridgeway & all its charming shops and restaurants. Upon entering this incredible home the foyer leads you to a Grand open-concept, kitchen/ dining/ living room area. With high vaulted ceilings, skylights, pot lighting and hickory wood floors. There is a feature floor to ceiling stone wall with a gas fireplace and a beautiful bright spacious kitchen with no shortage of storage and a gorgeous large island with a built in wine fridge. This grand room has south facing windows and doors that open up to a large composite deck with wide open backyard views, and privacy with no rear neighbours! Relax on your back deck and enjoy the sounds of Lake Erie that is just a stones throw away. The main floor has an office, laundry, 2 bedrooms & 2 bathrooms. An oversized master bedroom with tray ceilings, a walk-in closet and a 5 piece en-suite bath with heated floors. The amazing downstairs space is fully finished with a game room, a 3rd bedroom & bathroom. Also a separate large cozy recreational room with a gas fireplace and a great bar area making this an entertainer's dream space! There is a 2 car garage with interlock driveway and parking for 6 vehicles. All residents of Ridgeway by the Lake have access to a private membership to the Algonquin Club ($90 monthly). This 9000 ft. luxury clubhouse includes a saltwater pool, saunas, gym/ fitness center, billiard & game room, library, & a great hall banquet room to host all your parties and events. In this amazing community, you're buying not just a place to live but a Lifestyle! ( Click on virtual video tour) **EXTRAS** AIR EXCHANGER, CALIFORNIA SHUTTERS THROUGHOUT,

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Property Summary

This detached home located at 83 Spinnaker Drive, Fort Erie is currently for sale and has been available on SousaSells for 606 days. This property is listed at $1,199,900 with an estimated mortgage of $3,994* per month. It has 3 beds, 3 bathrooms, and is 2000-2500 square feet. 83 Spinnaker Drive, 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
3
Bathrooms
3
0
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 3, 2025
Sold price information is available to members only
Listed Date11/18/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Board & Batten
BasementFinished, Full
Lot Size60 × 118 Feet
CountyNiagara
Annual Tax$9,460.43
Legal DescriptionLOT 22, PLAN 59M341, S/T EASEMENT IN GROSS OVER PT 16 ON 59R12994 AS SN109578 ; FORT ERIE

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Heater Owned

Security Features

Community Features

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Location

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83 Spinnaker Drive, 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 83 Spinnaker Drive, Fort Erie, ON L0S 1N0

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.

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Interest Rate4.00%
Down Payment$359,970 (30.0%)
* Minimum Canadian down payment required for this price is $239,980.
Amortization Period30 Years
Estimated Monthly Payment$3,994Based on a loan of $839,930 over 30 years.
Purchase Price$1,199,900
Loan Amount$839,930
Provincial Land Transfer Tax:$20,473
Total Estimated Closing Taxes:$20,473

About Purchasing a Home in Fort Erie, ON

For a property listed at $1,199,900 in Fort Erie, the legal minimum down payment is $239,980 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 $20,473 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 $20,473.

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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%

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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.