- Size
- 700–1,100sq ft
- Per sq ft
- $661at the range’s middle
- Lot
- Under 0.50 acres
- Tax a year
- $2,7102026 tax year
- Built
- 51-99
- Days on market
- Members
The brief
About 193 Nicolas Rd
193 Nicolas Rd is vacant land in Ridgeway, Fort Erie, listed for sale at an asking price of $595,000 (MLS® X14117964).
RESIDENTIAL INVESTMENT OPPORTUNITY to purchase and develop 3 lots in Ridgeway's saught-after Thunder Bay neighbourhood! Situated on a quiet street, this 142' x 105' cornerlot offers an excellent opportunity to build three 1200sq ft homes in one of Niagara's desirable lakeside communities. This property is ideal for those looking to create a comfortable, low-maintenance lifestyle just minutes from the shores of Lake Erie. Municipal services are available at the lot line; however, a sewer line extension from the corner is required. Property is being sold as-is, including the bungalow. Buyers wishing to purchase the property would need to complete the servicing to make the lot permit-ready. Severance approval has been obtained, with conditions completed except for entering into a servicing agreement and demolition of the existing home. Enjoy the convenience of a nearby park, walks to the Lake Erie shoreline and easy access to the 26-km Friendship Trail for walking, running and cycling. Historic Downtown Ridgeway's shops, restaurants and amenities are just minutes away, along with the sandy beaches and attractions of Crystal Beach. An exciting opportunity to build your own home and enjoy the relaxed lifestyle of Niagara's South Coast!
Insights
Condition Score
Not statedNo condition indicators were supplied
Source: Listing record
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $2,710 / 2026
- MLS® number
- X14117964
- Board
- TRREB MLS®
- Property Type
- Vacant Land
- Building Age
- 51-99
- Days on market
- Size
- 700-1100 sqft
- Lot Size
- 142.48 x 105 ft
- Listed on
Property details
Property
- Property Type
- Vacant Land
- Style
- Other
- Community
- Ridgeway
- Municipality
- Fort Erie
Building
- Size
- 700-1100 sqft
- Building Age
- 51-99
Land
- Frontage
- 142.48 ft
- Depth
- 105 ft
- Lot Size
- 142.48 x 105 ft
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 193 Nicolas 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 | $595,000 | N/A | For Sale | X14117964 |
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
- $119,000
- Total mortgage amount
- $476,000
- Total interest payment
- $338,500
- Total purchase cost
- $933,500
- Mortgage payment
- $2,715/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$2,941- Rent $0
- Shortfall $2,941
Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $8,375
- Total land transfer tax
- $8,375
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $4,375
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 $595,000
- $3,900
- Ontario total
- $8,375
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
- 14,960 sq ft1,390 m²
- Street frontage
- 142.48 ft43.4 m
- Depth
- 105 ft32 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 Survey.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- No mapped wetland within 120 m120 m
- 9 water-supply wells recorded within 250 mAll were drilled for domestic use. 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 9.8 m.250 m
- Groundwater recorded about 2.1 m below ground nearbyThe middle water level in the well records within 500 m (29 records). It changes with the season and from spot to spot.500 m
- Bedrock about 6 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 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: 6.6 km6.6 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
- 1 recorded oil, gas or salt well 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 30 m awayFixed wireless up to 25/5 Mbps. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 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
Lots for sale in Ridgeway right now
- For sale now
- 16
- Median asking price
- $295K
- New in 7 days
- 0
- Price cuts
- 25%
Middle half: $184K to $584K
6 in 28 days
4 listings
This home is asking 102% above the median, higher 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 |
|---|---|---|---|
| John Brant Public SchoolDSB Niagara | Public · grades JK–8 | 2 km | 84%Grade 6 average |
| St George Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 | 2.5 km | 97%Grade 6 average |
| St Philomena Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 | 5.4 km | 80%Grade 6 average |
| Garrison Road Public SchoolDSB Niagara | Public · grades JK–8 | 6.4 km | 86%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Greater Fort Erie Secondary SchoolDSB Niagara | Public · grades 9–12 | 4.8 km | 52%Grade 9 math |
| Lakeshore Catholic High SchoolNiagara CDSB | Catholic · grades 9–12 | 18 km | 48%Grade 9 math |
| Port Colborne High SchoolDSB Niagara | Public · grades 9–12 | 19 km | 62%Grade 9 math |
| Eastdale Secondary SchoolDSB Niagara | Public · grades 9–12 | 20 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
Similar Active Listings
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Sold prices in Ridgeway are shown to signed-in members.