243 Gorham Road, Fort Erie, ON
Property Highlights
Welcome to this remarkable land located in the coveted neighborhood of Ridgeway. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,395,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 330 x 418 ft lot size
Description
Exceptional opportunity to acquire a 3.17 acre serviced development parcel within the Urban Boundary in the west end of historic Ridgeway, within the Town of Fort Erie in Niagara Region. Formerly the site of an elementary school, this property offers a rare sizeable land holding in an established residential neighbourhood with institutional zoning currently in place. Ideally situated just minutes from Crystal Beach and the shores of Lake Erie, the location combines small town charm with excellent regional accessibility. The site is within convenient driving distance to Niagara Falls, Port Colborne, and the Canada-U.S. border, positioning it well for a wide range of potential users and development opportunities. With existing zoning, servicing, and a mature surrounding community, the property lends itself to a variety of future uses, including day nursery, group home, home for the aged, hospice, nursing home, place of worship, religious institution, or assisted living (all pending municipal approval). The site may also be ideal for non-profit housing developers to supply affordable housing units that meet with objectives to address Fort Erie need. The Secondary Plan provides that a development may be considered for medium density residential if meeting certain criteria, which is demonstrated with this site location. This is a rare opportunity to secure a substantial development parcel in one of Niagara Region's desirable and well established communities. Favourable Phase ll Environmental Site Assessment completed in 2022.
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Property Summary
This land located at 243 Gorham Road, Fort Erie is currently for sale and has been available on SousaSells for 213 days. This property is listed at $2,395,000 with an estimated mortgage of $7,972* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 243 Gorham Road, Fort Erie is in the Ridgeway neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Ridgeway, Fort Erie.
- •Desirable Land architecture in Ridgeway, Fort Erie
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Fort Erie?
If you are looking for a house in Fort Erie or researching Fort Erie real estate for sale, this land at 243 Gorham Road, Fort Erie, ON offers an exceptional opportunity to buy a home in Fort Erie, Ontario. Whether you are a first-time Fort Erie home buyer or comparing active Fort Erie MLS® homes for sale, working with a dedicated Fort Erie buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Fort Erie Buyer Budget & Costs
Estimated mortgage: $7,972*/month*. Estimated Ontario Land Transfer Tax: $46,350. First-time Fort Erie home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Fort Erie
Frequently Asked Questions about 243 Gorham Road, Fort Erie, ON
Q.What is the asking price for 243 Gorham Road, Fort Erie, ON ?
The current listing price for 243 Gorham Road, Fort Erie, ON in Ridgeway, Fort Erie is $2,395,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and null bathrooms.
Q.What property type and architectural style is 243 Gorham Road, Fort Erie, ON ?
243 Gorham Road, Fort Erie, ON is a Land () featuring a basement.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via .
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Ridgeway, Fort Erie
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 243 Gorham Road, Fort Erie, ON L0S 1N0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Fort Erie, ON
For a property listed at $2,395,000 in Fort Erie, the legal minimum down payment is $479,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $46,350 for this transaction. As this listing is in Fort Erie (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $46,350.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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