306 Prospect Point Rd
Ridgeway, Fort Erie, Ontario L0S 1N0
- Bedrooms
- 4
- Bathrooms
- 2
- Size
- 1,500–2,000sq ft
- Per sq ft
- $686at the range’s middle
- Lot
- 49.86 x 180.31 ft
- Tax a year
- $7,0562026 tax year
- Built
- 100+
- Parking
- 31.5 detached
- Days on market
- Members
The brief
About 306 Prospect Point Rd
306 Prospect Point Rd is a 4-bedroom, 2-bathroom detached house in Ridgeway, Fort Erie, listed for sale at an asking price of $1,200,000 (MLS® X13154244).
Waterfront living in your very own little corner of beautiful Niagara Region. Enjoy beautiful expansive views of Lake Erie, Thunder Bay and the Buffalo nighttime skyline. Spacious 100yr old home with many outstanding characteristics expected from a home such as this including trim & baseboards, doors, formal Dining Rd/Den, old fashioned soaker tub, French doors, hardwood floors + plenty of nooks & crannies. Windows, hydro panel, furnace, AC, Guardian generator have all been added or updated over time. Enjoy the views from the all-season Sun Rm, unwinding by the LR Gas FP, formal dining or curl up with a good book in the DR/Den. Walkout from the Kitchen to the backyard. 2 baths incl; main floor 3pc with exposed brick wall & 2nd floor 4pc. Detached 1.5 car garage. Nearby amenities including the quaint villages of Crystal Beach, Downtown Ridgeway and their unique assortment of boutiques & eateries, Crystal Beach Community Centre, Bay Beach, marinas + Niagara Falls & Buffalo for you Sabres, Bills & Shea Theatre fans. Flexible closing available. Amazing location with no thru-traffic. There are a lot of great features to work with in this home - it just needs your sense of style to take it to the next level.
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$3,363/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 9 detached homes with 4 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
- $7,056 / 2026
- MLS® number
- X13154244
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 100+
- Days on market
- Size
- 1500-2000 sqft
- Lot Size
- 49.86 x 180.31 ft
- Listed on
- Parking
- 1.5 Detached, 3 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- Ridgeway
- Municipality
- Fort Erie
Building
- Size
- 1500-2000 sqft
- Building Age
- 100+
- Construction
- Stucco/Plaster
Inside
- Bedrooms
- 4
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc 2nd, 1 × 3pc Main
- Basement Type
- Full
- Kitchens
- 1
Parking
- Driveway
- Pvt Double
- Garage Type
- Detached
- Garage
- 1.5
- Additional Parking
- 1.5
- Total Parking
- 3
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 49.86 ft
- Depth
- 180.31 ft
- Lot Size
- 49.86 x 180.31 ft
Additional
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- Gas stove, dishwasher
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Dining | 3.5 × 4.36 m | Combined W/Den, Formal Rm | Main |
| Living | 3.52 × 9.19 m | Fireplace Insert, French Doors, W/O To Sunroom | Main |
| Kitchen | 3.26 × 3.82 m | Galley Kitchen, Laminate, Walk-Out | Main |
| Sunroom | 2.81 × 3.45 m | Broadloom, Overlook Water | Main |
| Foyer | 2.13 × 2.25 m | — | Main |
| Primary | 3.7 × 3.45 m | hardwood floor, Overlook Water | 2nd |
| 2nd Br | 3.31 × 3.82 m | hardwood floor, W/I Closet | 2nd |
| 3rd Br | 3.45 × 3.8 m | Hardwood Floor | 2nd |
| 4th Br | 3.45 × 3.8 m | Overlook Water, hardwood floor | 2nd |
| Utility | 1.33 × 1.48 m | — | Main |
| Bathroom | 1.74 × 2.02 m | 3 Pc Bath, Separate Shower | Main |
| Bathroom | 2.23 × 2.7 m | 4 Pc Bath, Soaker, Pedestal Sink | 2nd |
Listing history
Buy/sell history for 306 Prospect Point 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 | $1,200,000 | N/A | Ext | X13154244 |
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
- $240,000
- Total mortgage amount
- $960,000
- Total interest payment
- $682,500
- Total purchase cost
- $1,882,500
- Mortgage payment
- $5,475/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
69%Monthly carrying cost
$6,063- Rent $2,700
- Shortfall $3,363
Rental income opens at $2,700, 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
- $20,475
- Total land transfer tax
- $20,475
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $16,475
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 $1,200,000
- $16,000
- Ontario total
- $20,475
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
- Street frontage
- 49.86 ft15.2 m
- Depth
- 180.31 ft55 m
The record marks this lot irregular, so its area is not the frontage multiplied by the depth. It is not given here. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by GeoWarehouse.
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
- No water-supply well recorded within 250 m250 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
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 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 50/10 Mbps or faster. 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
Detached homes for sale in Ridgeway right now
- For sale now
- 65
- Median asking price
- $799K
- New in 7 days
- 4
- Price cuts
- 45%
Middle half: $535K to $1.2M
15 in 28 days
29 listings
This home is asking 50% above the median.
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
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St George Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 | 1.1 km | 97%Grade 6 average |
| John Brant Public SchoolDSB Niagara | Public · grades JK–8 | 1.3 km | 84%Grade 6 average |
| St Philomena Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 | 7.5 km | 80%Grade 6 average |
| Stevensville Public SchoolDSB Niagara | Public · grades JK–8 | 8.5 km | 88%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Greater Fort Erie Secondary SchoolDSB Niagara | Public · grades 9–12 | 7 km | 52%Grade 9 math |
| Lakeshore Catholic High SchoolNiagara CDSB | Catholic · grades 9–12 | 16 km | 48%Grade 9 math |
| Port Colborne High SchoolDSB Niagara | Public · grades 9–12 | 17 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
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Sold prices in Ridgeway are shown to signed-in members.