6-340 Prospect Point Rd
Ridgeway, Fort Erie, Ontario L0S 1N0
- Bedrooms
- 3
- Bathrooms
- 3
- Size
- 1,200–1,399sq ft
- Per sq ft
- $408at the range’s middle
- Tax a year
- $5,0602026 tax year
- Parking
- 21 attached
- Days on market
- Members
The brief
About 6-340 Prospect Point Rd
6-340 Prospect Point Rd is a 3-bedroom, 3-bathroom condo in Ridgeway, Fort Erie, listed for sale at an asking price of $529,900 (MLS® X13886564).
Stunning turn-key end-unit townhouse offering 3 bedrooms, 2.5 bathrooms, a 1-car garage, and the ultimate privacy of no rear neighbors. This meticulously updated home features absolutely no carpet, showcasing seamless luxury vinyl flooring and a beautiful, solid oak staircase. At the heart of the home is a brand-new gourmet kitchen equipped with elegant undercounter lighting and premium appliances that are less than a year old. Most windows are outfitted with sleek, custom blinds, adding a sophisticated finish throughout. The living space extends down to a fully finished walk-out basement, which flows effortlessly to the outdoors where you can relax or entertain on your private deck in a peaceful, quiet setting. Please view the 3D Matterport to see all this amazing property offers!
Insights
Condition Score
Good71/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even46/100−$420/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
- $5,060 / 2026
- MLS® number
- X13886564
- Board
- TRREB MLS®
- Property Type
- Other
- Days on market
- Size
- 1200-1399 sqft
- Listed on
- Parking
- 1 Attached, 2 Parking
Property details
Property
- Property Type
- Other
- Style
- 2-Storey
- Community
- Ridgeway
- Municipality
- Fort Erie
Building
- Size
- 1200-1399 sqft
- Construction
- Brick
Inside
- Bedrooms
- 3
- Bathrooms
- 3
- Bathroom Details
- 1 × 4pc 2nd, 1 × 2pc Ground, 1 × 3pc Flat
- Basement Type
- Finished with 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
- Den
- Yes
- Family room
- Yes
- Extras
- Fridge, Stove, Dishwasher, Washer, Dryer
- Condo maint.
- $180
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Bathroom | 1.2 × 1.6 m | — | Ground |
| Living | 2.59 × 4.83 m | — | Main |
| Kitchen | 3.15 × 4.75 m | — | Main |
| Br | 3.05 × 4.39 m | — | 2nd |
| 2nd Br | 3.0 × 4.29 m | — | 2nd |
| 3rd Br | 2.92 × 3.25 m | — | 2nd |
| Bathroom | 1.5 × 2.4 m | — | 2nd |
| Rec | 4.27 × 4.8 m | — | Lower |
| Bathroom | 1.0 × 1.5 m | — | Lower |
Listing history
Buy/sell history for 6-340 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 | $529,900 | N/A | For Sale | X13886564 |
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
- $105,980
- Total mortgage amount
- $423,920
- Total interest payment
- $301,480
- Total purchase cost
- $831,380
- Mortgage payment
- $2,418/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
34%Monthly carrying cost
$3,020- Rent $2,600
- Shortfall $420
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
- $7,073
- Total land transfer tax
- $7,073
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $3,073
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 $529,900
- $2,598
- Ontario total
- $7,073
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
- No water-supply well recorded within 250 m2 test or monitoring holes also recorded.250 m
- Groundwater recorded about 12.5 m below ground nearbyThe middle water level in the well records within 500 m (35 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: 7.9 km7.9 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
- 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 60 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (60 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.60 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
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 | 600 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
Similar Active Listings
Recently sold nearby
Sold prices in Ridgeway are shown to signed-in members.