- Bedrooms
- 1+2
- Bathrooms
- 2
- Size
- 1,100–1,500sq ft
- Per sq ft
- $338at the range’s middle
- Lot
- Under 0.50 acres
- Tax a year
- $3,3552026 tax year
- Built
- 51-99
- Parking
- 4none
- Days on market
- Members
The brief
About 148 Gorham Rd
148 Gorham Rd is a 1+2-bedroom, 2-bathroom detached house in Ridgeway, Fort Erie, listed for sale at an asking price of $439,900 (MLS® X13765186).
Solid brick. home with updates in Ridgeway! Located on a 66.5x200 ft lot, this solid brick 1.5 storey is ready for your personal touch! Main floor features a large eat in kitchen, living room, updated 4 pc bath and a dining room, that could easily be finished off into another bedroom (it had been at one point) and laundry, all with updated hard luxury vinyl plank flooring throughout. Upstairs is a whole primary bedroom retreat. Partially finished lower level with a rec room and gas fireplace, an office, and a 2 pc bath plus a 2nd set of laundry hookups. The exterior of this home has great curb appeal, with updates to to the siding and capping that make it low maintenance. With such a large lot, there is room for future expansion. Only a short walk to downtown Ridgeway, shops and amenities, and only a quick bike ride to the sandy shores of Lake Erie. This would make an excellent home for a first timer!
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Strong89/100+$663/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 9 detached homes with 3 bedrooms for lease in Fort Erie right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $3,355 / 2026
- MLS® number
- X13765186
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 51-99
- Days on market
- Size
- 1100-1500 sqft
- Lot Size
- 66.5 x 200 ft
- Listed on
- Parking
- None, 4 Parking
Property details
Property
- Property Type
- Detached
- Style
- 1 1/2 Storey
- Community
- Ridgeway
- Municipality
- Fort Erie
Building
- Size
- 1100-1500 sqft
- Building Age
- 51-99
- Construction
- Brick
Inside
- Bedrooms
- 1+2
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Main, 1 × 2pc Bsmt
- Basement Type
- Partly Finished
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 4
- Total Parking
- 4
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Water
Land
- Sewer
- Sewers
- Frontage
- 66.5 ft
- Depth
- 200 ft
- Lot Size
- 66.5 x 200 ft
Additional
- Foundation
- Poured Concrete, Block
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- Negotiable
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 3.56 × 5.02 m | Eat-In Kitchen, carpet free | Main |
| Living | 4.11 × 6.0 m | Bay Window, carpet free | Main |
| Br | 4.91 × 5.58 m | carpet free, Closet | 2nd |
| Utility | 4.5 × 2.1 m | — | Bsmt |
| Rec | 5.03 × 3.57 m | Gas Fireplace | Bsmt |
| Office | 5.02 × 3.58 m | — | Main |
| Laundry | 2.67 × 1.14 m | — | Main |
| Br | 1.15 × 3.57 m | — | Bsmt |
| Br | 2.9 × 3.24 m | — | Bsmt |
| Other | 5.74 × 3.58 m | — | Bsmt |
Listing history
Buy/sell history for 148 Gorham Rd, Fort Erie, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $439,900 | N/A | For Sale | X13765186 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $87,980
- Total mortgage amount
- $351,920
- Total interest payment
- $250,180
- Total purchase cost
- $690,080
- Mortgage payment
- $2,007/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$2,287- Carrying cost $2,287
- Surplus $663
Rental income opens at $2,950, the median asking rent of 9 comparable homes for lease in Fort Erie. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $5,273
- Total land transfer tax
- $5,273
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $1,273
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $439,900
- $798
- Ontario total
- $5,273
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 13,300 sq ft1,236 m²
- Street frontage
- 66.5 ft20.3 m
- Depth
- 200 ft61 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation2
- No mapped wetland within 120 m120 m
- 1 water-supply well recorded within 250 mIt was drilled for domestic use; 1 test or monitoring hole also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 5.9 m.250 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 8.9 km8.9 km
Province of Ontario open data
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- 2 recorded oil, gas or salt wells within 250 mFrom Ontario’s petroleum well records, which include old and plugged wells.250 m
- No facility within 1 km reports pollutant releases to Environment CanadaOnly facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Canadian Niagara Power Inc.At the address
- Wired internet 50/10 Mbps or faster is listed at a household 50 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (50 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.50 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell. Cable: Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, Last Mile Wireless Internet, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Niagara Peninsula Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
The market
Detached homes for sale in Ridgeway right now
- For sale now
- 64
- Median asking price
- $799K
- New in 7 days
- 3
- Price cuts
- 45%
Middle half: $534K to $1.21M
14 in 28 days
29 listings
This home is asking 45% below the median, lower than three quarters of them.
See all homes in RidgewayAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St George Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 | 500 m | 97%Grade 6 average |
| John Brant Public SchoolDSB Niagara | Public · grades JK–8 | 550 m | 84%Grade 6 average |
| Stevensville Public SchoolDSB Niagara | Public · grades JK–8 | 7.3 km | 88%Grade 6 average |
| St Philomena Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 | 7.9 km | 80%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Greater Fort Erie Secondary SchoolDSB Niagara | Public · grades 9–12 | 7.2 km | 52%Grade 9 math |
| Lakeshore Catholic High SchoolNiagara CDSB | Catholic · grades 9–12 | 15 km | 48%Grade 9 math |
| Port Colborne High SchoolDSB Niagara | Public · grades 9–12 | 16 km | 62%Grade 9 math |
| Eastdale Secondary SchoolDSB Niagara | Public · grades 9–12 | 18 km | 43%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Ridgeway are shown to signed-in members.