532 RIDGEWAY Road, Fort Erie

$999,000
532 RIDGEWAY Road

$999,000

New
22d
Detached2-Storey

532 RIDGEWAY Road, Fort Erie

Total Monthly Obligation $4,941

Beds
3
Baths
2
Park
6
Sqft
1500-2000
DOM
22d
Score
15
Yield
3.2%
Cash on Cash
-10.7%
Cap Rate
2.3%
5Y IRR
7.2%
10Y IRR
8.1%
Property Type-Detached
MLS® Number-X13849096
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-60 × 105.6 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,437.58 (2025)
Parking-6 - None
Basement-None
Heating-Baseboard (Electric)
Brokerage-RE/MAX REALTY SPECIALISTS INC.
Cooling-Other
Laundry-No
Fireplace-Yes
Pool-Above Ground
Facing-North
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Piers
Sewer-Sewer
Possession-FLEXIBLE
Neighbourhood-337 - Crystal Beach
Title-Residential Freehold

No agent assigned

Lakeview Licensed Short-Term Rental | 60 x 105 Premium Corner Lot | Pool & Hot Tub | Turnkey Investment Opportunity Welcome to a rare beachfront opportunity in the heart of Crystal Beach. This fully licensed short-term rental property offers direct waterfront living combined with strong income potential, making it ideal for both end users and investors. Set on a premium corner lot with dual street access, this property provides exceptional privacy, flexibility, and future potential. Enjoy unobstructed beach views, stunning sunsets, and the ultimate Lake Erie lifestyle. The home features 3+1 bedrooms, 2 bathrooms, and a functional layout designed for group stays and family enjoyment. A finished attic space adds additional sleeping or recreational flexibility. Outdoor living is a highlight, with a private above-ground pool, hot tub, and ample space for entertaining. Whether relaxing after a beach day or hosting guests, this property is designed for year-round enjoyment. This is a fully operational, income-generating asset in one of Southern Ontario's most desirable waterfront communities. Just steps from the beach, this is a rare opportunity to own a turnkey waterfront investment in Crystal Beach.

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$799,200
Land Transfer Taxes$16,455
Legal Fees (Est.)
$
Total cash required for closing$217,755

Total Monthly Obligation

$4,941/mo
Mortgage $4,030
Monthly Loss $3,881
Principal$1,060
Interest$2,969
Property Tax$536
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.4%0
5-Year IRR
4.4%9
10-Year IRR
6.3%
Returns Index
5.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$31,596/yr
NOI
$17,499/yr
Net Cash Flow
-$2,571/mo
Cash Margin
-97.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.363
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
17.2/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 532 RIDGEWAY Road

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.