18-340 Prospect Point Rd
Ridgeway, Fort Erie, Ontario L0S 1N0
- Bedrooms
- 3
- Bathrooms
- 3
- Size
- 1,200–1,399sq ft
- Per sq ft
- $385at the range’s middle
- Tax a year
- $4,8202026 tax year
- Parking
- 21 attached
- Days on market
- Members
The brief
About 18-340 Prospect Point Rd
18-340 Prospect Point Rd is a 3-bedroom, 3-bathroom condo townhouse in Ridgeway, Fort Erie, listed for sale at an asking price of $499,800 (MLS® X13875982).
Redesigned, Redecorated and Repainted! Move-in ready including most appliances! Welcome to this beautifully designed 3-bedroom, 2.5-bathroom condo townhome, where modern style, thoughtful updates, and an exceptional location come together seamlessly. At the heart of the home is a beautifully designed kitchen, offering a fresh, modern feel and an inviting space that flows effortlessly into the bright, open-concept great room. With plenty of natural light and a spacious layout, the main floor is ideal for both everyday living and entertaining. Upstairs, you'll find three comfortable bedrooms along with the convenience of second-floor laundry, perfectly located near the bedrooms to make everyday routines simple and efficient. The walk-out basement provides excellent potential for additional living space, a home office, gym, or recreation room. Step outside and enjoy one of the home's standout features-a fully covered back patio, creating a comfortable outdoor living space that can be enjoyed in a variety of weather conditions. With no rear neighbours, you'll also enjoy added privacy and peaceful views of the surrounding greenery. Ideally located within walking distance of charming Downtown Ridgeway, you're just moments from local shops, restaurants, cafés, and community events. Outdoor enthusiasts will appreciate being steps from the Friendship Trail, perfect for walking, cycling, and enjoying the beauty of the area. Combining a redesigned kitchen, upstairs laundry, fully covered backyard patio, walk-out basement, and private natural backdrop, this home offers the perfect blend of comfort, style, and low-maintenance living in one of Ridgeway's most desirable locations. Move in, relax, and enjoy everything this exceptional home and community have to offer.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even51/100−$263/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 14 homes with 3 bedrooms for lease in Fort Erie right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $4,820 / 2026
- MLS® number
- X13875982
- Board
- TRREB MLS®
- Property Type
- Condo Townhouse
- Days on market
- Size
- 1200-1399 sqft
- Listed on
- Parking
- 1 Attached, 2 Parking
Property details
Property
- Property Type
- Condo Townhouse
- Style
- 2-Storey
- Community
- Ridgeway
- Municipality
- Fort Erie
Building
- Size
- 1200-1399 sqft
- Construction
- Brick
Inside
- Bedrooms
- 3
- Bathrooms
- 3
- Bathroom Details
- 1 × 2pc Main, 1 × 4pc 2nd, 1 × 4pc 2nd
- Basement Type
- Walk-Out
- Kitchens
- 1
Parking
- Garage Type
- Attached
- Garage
- 1
- Additional Parking
- 1
- Total Parking
- 2
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Den
- Yes
- Family room
- Yes
- Extras
- FRIDGE, STOVE, MICROWAVE, WASHER, DRYER, DISHWASHER
- Condo maint.
- $180
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 18-340 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 | $499,800 | N/A | For Sale | X13875982 |
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
- $99,960
- Total mortgage amount
- $399,840
- Total interest payment
- $284,460
- Total purchase cost
- $784,260
- Mortgage payment
- $2,281/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
29%Monthly carrying cost
$2,863- Rent $2,600
- Shortfall $263
Rental income opens at $2,600, the median asking rent of 14 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
- $6,471
- Total land transfer tax
- $6,471
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $2,471
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 $499,800
- $1,996
- Ontario total
- $6,471
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
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- A mapped wetland is within 120 mDevelopment close to a wetland can need extra review.120 m
- 1 water-supply well recorded within 250 mIt was drilled for domestic use; 2 test or monitoring holes 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 7.6 m.250 m
- Groundwater recorded about 12.5 m below ground nearbyThe middle water level in the well records within 500 m (32 records). It changes with the season and from spot to spot.500 m
- Bedrock about 0.6 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: 7.8 km7.8 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
- 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 100 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (100 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.100 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
Condos for sale in Ridgeway right now
- For sale now
- 5
- Median asking price
- $749K
- New in 7 days
- 0
- Price cuts
- 0%
Middle half: $550K to $750K
2 in 28 days
0 listings
This home is asking 33% 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 |
|---|---|---|---|
| John Brant Public SchoolDSB Niagara | Public · grades JK–8 | 650 m | 84%Grade 6 average |
| St George Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 | 1.2 km | 97%Grade 6 average |
| Stevensville Public SchoolDSB Niagara | Public · grades JK–8 | 6.7 km | 88%Grade 6 average |
| St Philomena Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 | 6.9 km | 80%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Greater Fort Erie Secondary SchoolDSB Niagara | Public · grades 9–12 | 6.1 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 | 19 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.