3198 Thunder Bay Rd
Ridgeway, Fort Erie, Ontario L0S 1N0
- Bedrooms
- 2+2
- Bathrooms
- 3
- Size
- 1,500–2,000sq ft
- Per sq ft
- $743at the range’s middle
- Lot
- 100 x 200 ft
- Tax a year
- $8,2742025 tax year
- Parking
- 82 attached
- Days on market
- Members
The brief
About 3198 Thunder Bay Rd
3198 Thunder Bay Rd is a 2+2-bedroom, 3-bathroom detached house in Ridgeway, Fort Erie, listed for sale at an asking price of $1,299,999 (MLS® X14099746).
Welcome to your Ridgeway Retreat, where resort-style luxury and the warmth of home come together to make every day feel extraordinary. Set on almost half an acre in a sought-after Ridgeway neighbourhood, this custom-built home offers over 3,300 sq. ft. of finished living space, where upscale design, refined interiors, and an extraordinary backyard oasis create a lifestyle that feels like a permanent escape.Step outside and experience your own private resort. A heated inground pool with a cascading waterfall sets the stage for sun-filled afternoons and leisurely summer evenings, while expansive green space offers room to play, unwind, and entertain. The beautifully appointed pool house, complete with a bathroom, bar, and TV, brings an added level of convenience to poolside living. At the heart of the outdoor entertaining space, a stunning kitchen featuring natural stone, granite countertops, a built-in grill, Green Egg smoker, and stainless steel cooler makes hosting effortless and memorable. Interlocking stone, a covered patio, professional landscaping, and an irrigation system complete this beautifully curated outdoor setting. A newer exposed aggregate driveway leads to a grand entrance with custom double doors, introducing interiors where elegance and comfort exist in perfect balance. Custom cabinetry and a chef-inspired kitchen with a generous island create a sophisticated yet welcoming gathering space. Fireplaces on both levels bring warmth and ambiance, while the recreation room, complete with a pool table and wet bar, sets the scene for relaxed evenings and entertaining. The heated garage features raised door tracks to accommodate a golf simulator setup for year-round enjoyment, while an EV charger adds a modern touch of convenience. A private retreat where luxury meets comfort, and every space feels like home. Enjoy the best of both worlds, with refined living, inviting warmth, and a resort-inspired lifestyle that makes coming home the best part of every day.
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$3,921/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
- $8,274 / 2025
- MLS® number
- X14099746
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 1500-2000 sqft
- Lot Size
- 100 x 200 ft
- Listed on
- Parking
- 2 Attached, 8 Parking
Property details
Property
- Property Type
- Detached
- Style
- Bungalow
- Community
- Ridgeway
- Municipality
- Fort Erie
Building
- Size
- 1500-2000 sqft
- Construction
- Stucco/Plaster
Inside
- Bedrooms
- 2+2
- Bathrooms
- 3
- Bathroom Details
- 1 × 4pc Main, 1 × 4pc Main, 1 × 4pc Lower
- Basement Type
- Finished
- Kitchens
- 1
Parking
- Driveway
- Private, Private Triple
- Garage Type
- Attached
- Garage
- 2
- Additional Parking
- 6
- Total Parking
- 8
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 100 ft
- Depth
- 200 ft
- Lot Size
- 100 x 200 ft
Additional
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- Inground
- Den
- Yes
- Family room
- Yes
- Extras
- Fridge, gas range, range hood, built in oven, built in dishwasher, washer, dryer
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Foyer | 2.57 × 1.78 m | Combined W/Great Rm, Closet | Main |
| Living | 5.72 × 5.82 m | Combined W/Kitchen, Stone Fireplace, Cathedral Ceiling | Main |
| Kitchen | 4.41 × 3.66 m | B/I Appliances, Granite Counter, Centre Island | Main |
| Dining | 3.5 × 3.66 m | Combined W/Kitchen, W/O To Patio | Main |
| Primary | 4.39 × 4.89 m | W/O To Yard, 4 Pc Ensuite, W/I Closet | Main |
| 2nd Br | 4.35 × 3.97 m | 4 Pc Ensuite | Main |
| Laundry | 1.84 × 5.97 m | Access To Garage | Main |
| Bathroom | 1.68 × 3.62 m | 4 Pc Bath, Combined W/Br | Main |
| Bathroom | 3.46 × 2.92 m | 4 Pc Ensuite | Main |
| Pantry | 1.36 × 1.86 m | Pantry, B/I Shelves | Main |
| Rec | 7.2 × 10.87 m | Fireplace, Wet Bar | Lower |
| 3rd Br | 4.46 × 4.33 m | Large Window, W/I Closet | Lower |
| 4th Br | 4.67 × 6.33 m | — | Main |
| Office | 2.83 × 4.48 m | B/I Shelves | Lower |
| Bathroom | 1.72 × 2.97 m | 4 Pc Bath | Lower |
| Utility | 2.83 × 4.91 m | — | Lower |
| Other | 1.81 × 3.84 m | — | Lower |
Listing history
Buy/sell history for 3198 Thunder Bay 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 | $1,299,999 | N/A | For Sale | X14099746 |
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
- $260,000
- Total mortgage amount
- $1,039,999
- Total interest payment
- $739,301
- Total purchase cost
- $2,039,300
- Mortgage payment
- $5,931/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
73%Monthly carrying cost
$6,621- Rent $2,700
- Shortfall $3,921
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
- $22,475
- Total land transfer tax
- $22,475
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $18,475
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 $1,299,999
- $18,000
- Ontario total
- $22,475
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
- Lot area
- 20,000 sq ft1,858 m²
- Street frontage
- 100 ft30.5 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 conservation4
- No mapped wetland within 120 m120 m
- 1 water-supply well recorded within 250 mIt was 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 14.3 m.250 m
- Groundwater recorded about 3.4 m below ground nearbyThe middle water level in the well records within 500 m (7 records). It changes with the season and from spot to spot.500 m
- Bedrock about 7.3 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: 7.3 km7.3 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 50 m awayFixed wireless up to 25/5 Mbps. 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 63% 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
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| John Brant Public SchoolDSB Niagara | Public · grades JK–8 | 1.5 km | 84%Grade 6 average |
| St George Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 | 1.9 km | 97%Grade 6 average |
| St Philomena Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 | 6 km | 80%Grade 6 average |
| Garrison Road Public SchoolDSB Niagara | Public · grades JK–8 | 7.1 km | 86%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Greater Fort Erie Secondary SchoolDSB Niagara | Public · grades 9–12 | 5.4 km | 52%Grade 9 math |
| Lakeshore Catholic High SchoolNiagara CDSB | Catholic · grades 9–12 | 17 km | 48%Grade 9 math |
| Port Colborne High SchoolDSB Niagara | Public · grades 9–12 | 18 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.