- Bedrooms
- 4
- Bathrooms
- 3
- Size
- 1,500–2,000sq ft
- Per sq ft
- $486at the range’s middle
- Lot
- 150 x 140 ft
- Tax a year
- $4,6372025 tax year
- Parking
- 62 attached
- Days on market
- Members
The brief
About 340 Thornwood Ave
340 Thornwood Ave is a 4-bedroom, 3-bathroom detached house in Ridgeway, Fort Erie, listed for sale at an asking price of $849,999 (MLS® X13824628).
Welcome to 340 Thornwood! For the first time ever, this beautiful bungalow is being offered for sale in the heart of Ridgeway. Ideally located within easy walking distance of the village, you'll enjoy convenient access to groceries, shops, restaurants, parks and all the amenities Ridgeway has to offer. The beautiful sandy beaches of Crystal Beach are also just a short drive away. This inviting home offers four bedrooms, quality finishes and two gas fireplaces, creating a warm and comfortable atmosphere throughout. The spacious family room features soaring cathedral ceilings, providing an impressive gathering space for family and friends.The heated attached garage adds year-round convenience, while the full basement provides plenty of additional space for storage, hobbies, recreation or future possibilities. A Generac generator offers added peace of mind and convenience, ensuring your home is prepared when you need it most.Outside, you'll find separate outdoor storage sheds, providing plenty of room for gardening equipment, tools, recreational gear and more. Adding to the appeal is the potential opportunity to sever an additional building lot, offering exciting possibilities for the future. Whether you explore the severance potential or simply enjoy the additional space for your growing family, this property offers flexibility and room to grow. A rare opportunity to own a well-appointed home in the heart of Ridgeway, close to village amenities and just minutes from beautiful Lake Erie beaches.
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall23/100−$1,564/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
- $4,637 / 2025
- MLS® number
- X13824628
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 1500-2000 sqft
- Lot Size
- 150 x 140 ft
- Listed on
- Parking
- 2 Attached, 6 Parking
Property details
Property
- Property Type
- Detached
- Style
- Bungalow
- Community
- Ridgeway
- Municipality
- Fort Erie
Building
- Size
- 1500-2000 sqft
- Construction
- Brick
Inside
- Bedrooms
- 4
- Bathrooms
- 3
- Bathroom Details
- 1 × 2pc, 1 × 4pc, 1 × 3pc
- Basement Type
- Unfinished
- Kitchens
- 1
Parking
- Driveway
- Pvt Double
- Garage Type
- Attached
- Garage
- 2
- Additional Parking
- 4
- Total Parking
- 6
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 150 ft
- Depth
- 140 ft
- Lot Size
- 150 x 140 ft
Additional
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 340 Thornwood Ave, 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 | $849,999 | N/A | Pc | X13824628 |
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
- $170,000
- Total mortgage amount
- $679,999
- Total interest payment
- $483,401
- Total purchase cost
- $1,333,400
- Mortgage payment
- $3,878/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
52%Monthly carrying cost
$4,264- Rent $2,700
- Shortfall $1,564
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
- $13,475
- Total land transfer tax
- $13,475
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $9,475
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 $849,999
- $9,000
- Ontario total
- $13,475
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
- 21,000 sq ft1,951 m²
- Street frontage
- 150 ft45.7 m
- Depth
- 140 ft42.7 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
- No water-supply well recorded within 250 m11 test or monitoring holes also recorded.250 m
- Groundwater recorded about 3 m below ground nearbyThe middle water level in the well records within 500 m (31 records). It changes with the season and from spot to spot.500 m
- Bedrock about 0.9 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: 8.5 km8.5 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 this locationFixed wireless up to 25/5 Mbps. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- 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 6% 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
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| John Brant Public SchoolDSB Niagara | Public · grades JK–8 | 700 m | 84%Grade 6 average |
| St George Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 | 1 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 | 7.7 km | 80%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Greater Fort Erie Secondary SchoolDSB Niagara | Public · grades 9–12 | 6.8 km | 52%Grade 9 math |
| Lakeshore Catholic High SchoolNiagara CDSB | Catholic · grades 9–12 | 15 km | 48%Grade 9 math |
| Port Colborne High SchoolDSB Niagara | Public · grades 9–12 | 16 km | 62%Grade 9 math |
| Eastdale Secondary SchoolDSB Niagara | Public · grades 9–12 | 18 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.