193 Nicolas Road, Fort Erie, ON
L0S 1N0
Listed October 26, 2026
About this property
RESIDENTIAL INVESTMENT OPPORTUNITY to purchase and develop 3 lots in Ridgeway's saught-after Thunder Bay neighbourhood! Situated on a quiet street, this 142' x 105' cornerlot offers an excellent opportunity to build three 1200sq ft homes in one of Niagara's desirable lakeside communities. This property is ideal for those looking to create a comfortable, low-maintenance lifestyle just minutes from the shores of Lake Erie. Municipal services are available at the lot line; however, a sewer line extension from the corner is required. Property is being sold as-is, including the bungalow. Buyers wishing to purchase the property would need to complete the servicing to make the lot permit-ready. Severance approval has been obtained, with conditions completed except for entering into a servicing agreement and demolition of the existing home. Enjoy the convenience of a nearby park, walks to the Lake Erie shoreline and easy access to the 26-km Friendship Trail for walking, running and cycling. Historic Downtown Ridgeway's shops, restaurants and amenities are just minutes away, along with the sandy beaches and attractions of Crystal Beach. An exciting opportunity to build your own home and enjoy the relaxed lifestyle of Niagara's South Coast! An exciting opportunity to build your own home and enjoy the relaxedlifestyle of Niagara's South Coast!
Property Details
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Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 193 Nicolas Road — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$119,000 · Minimum $119,000
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From the listing (2026 tax bill).
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One-time costs
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Estimated monthly cost of ownership
$2,858/mo
About $34,296 a year
- $2,632
- $226
Cash needed to close
- Down payment (20%)
- $119,000
- Ontario land transfer tax
- $8,375
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $129,875
Estimates only — not a mortgage approval, quote or tax advice. Payments assume a fixed rate compounded semi-annually; minimum down payments, mortgage insurance and land transfer tax follow current CMHC and Ontario rules. Insurance, utilities and upkeep are typical figures for the area. Your lender, lawyer and insurer will confirm your exact costs.
Location & Walkability
193 Nicolas Road, Fort Erie, ON
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Last Updated: October 26, 2026
Listing Office: RE/MAX NIAGARA REALTY LTD, BROKERAGE
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