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254 Prospect Point Road
homes for sale · Fort Erie · Ridgeway
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$1,699,900

254 Prospect Point Road

Ridgeway, Fort Erie · MLS® X13704060

228

House · Single Family · 63 days on market

listed by Craig Spada, REVEL Realty Inc., Brokerage

realtor's description

Welcome to 254 Prospect Point Road- A Rare Lakefront Opportunity in the Heart of Ridgeway-Crystal Beach, where lakefront living meets exceptional opportunity.Situated on the shores of Lake Erie in the Niagara region's South Coast, bordering between the quaint town of Ridgeway and the white sands of Crystal Beach. this remarkable estate-sized lot boasts 155 feet of frontage and 400 feet of depth, making this one of the largest fully serviced in-Town lots along Lake Erie's North ShoreWith its executive presence and impressive curb appeal, the property immediately captures attention from the moment you arrive. A well positioned main floor entrance, double car garage and Lakefront walkout, this home boosts approximately 2850 square feet of expansive living space. The home provides a wonderful canvas for those looking to renovate, modernize, or expand into a spectacular lakefront residence.The expansive property is truly the star of the show. With 155 feet of frontage within the urban boundary, the lot presents exciting potential for those wishing to explore development possibilities. Subject to municipal approvals, buyers may wish to investigate the potential to create two - and possibly three - lakefront lots, making this an extraordinary opportunity for investors or builders seeking premium serviced waterfront land.Whether you are searching for a magnificent lakefront estate property, a renovation project with tremendous upside, or a unique development opportunity along the shores of Lake Erie, 254 Prospect offers a truly rare combination of location, size, and potential. A strong, well-built breakwall is an incredibly important feature for any waterfront property. This one provides excellent protection from waves, erosion, and changing lake conditions while helping preserve and protect the shoreline for years to come property of this scale and waterfront presence seldom becomes available, making this opportunity at 254 Prospect Point South truly unique.

property details

type
House, Single Family
bedrooms
2
bathrooms
2
parking
8
property tax
$10,620 / yr
days on market
63
MLS®
X13704060

features

  • Guest Suite
  • Central Vacuum
  • Garage door opener remote(s)

monthly cost

$8,291/mo
Mortgage $7,406 · Tax $885

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$7,406/ monthly
loan $1,359,920
25-year amortization
total interest
$861,970
cash to close
$339,980
down payment; transfer tax and fees not included
total paid
$2,221,890

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Ridgeway, Fort ErieGoogle Maps ↗

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listed by
Craig Spada
REVEL Realty Inc., Brokerage
call Craig · 905-933-5781
Powered by: REALTOR.ca

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location

Ridgeway, Fort ErieGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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