HN
532 RIDGEWAY Road, Fort Erie, ON L0S 1B0, Fort Erie, ON
+19 photos
$849,000

532 RIDGEWAY Road, Fort Erie, ON L0S 1B0, Fort Erie, ON

Fort Erie, ON L0S 1B0
3 beds 2 baths Detached

About this home

Lakeview Licensed Short-Term Rental | 60 x 105 Premium Corner Lot | Pool & Hot Tub | Turnkey Investment Opportunity Welcome to a rare beachfront opportunity in the heart of Crystal Beach. This fully licensed short-term rental property offers direct waterfront living combined with strong income potential, making it ideal for both end users and investors. Set on a premium corner lot with dual street access, this property provides exceptional privacy, flexibility, and future potential. Enjoy unobstructed beach views, stunning sunsets, and the ultimate Lake Erie lifestyle. The home features 3+1 bedrooms, 2 bathrooms, and a functional layout designed for group stays and family enjoyment. A finished attic space adds additional sleeping or recreational flexibility. Outdoor living is a highlight, with a private above-ground pool, hot tub, and ample space for entertaining. Whether relaxing after a beach day or hosting guests, this property is designed for year-round enjoyment. This is a fully operational, income-generating asset in one of Southern Ontario's most desirable waterfront communities. Just steps from the beach, this is a rare opportunity to own a turnkey waterfront investment in Crystal Beach.

Property Score

42/ 100
Overall Property Score
fair

A blend of both buyer and investor metrics.

Score breakdown
Walkability
55/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
35/100poor
GO Transit, LRT, and bus access from this neighborhood.
Schools
70/100great
Based on local school rankings (Fraser Institute proxy).
Affordability
143% of city avgpoor
Priced above Fort Erie's average of $595,000.
Appreciation Trend
+1%/yrgood
Fort Erie has seen +1% YoY price change.
Monthly Cash Flow
-$3,359/mopoor
Estimated -$3,359/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
0.86%poor
Net operating income divided by purchase price.
Basement Suite Potential
Buildablegreat
Strong potential for a legal basement suite - could add ~$1,260/mo.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X13073914
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.

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