




254 Prospect Point Road, Fort Erie, ON
L0S 1N0
Listed August 22, 2026
About this property
Welcome to 254 Prospect Point Road- A Rare Lakefront Opportunity in the Heart of Ridgeway-Crystal Beach, where lakefront living meets exceptional opportunity.Situated on the shores of Lake Erie in the Niagara region's South Coast, bordering between the quaint town of Ridgeway and the white sands of Crystal Beach. this remarkable estate-sized lot boasts 155 feet of frontage and 400 feet of depth, making this one of the largest fully serviced in-Town lots along Lake Erie's North ShoreWith its executive presence and impressive curb appeal, the property immediately captures attention from the moment you arrive. A well positioned main floor entrance, double car garage and Lakefront walkout, this home boosts approximately 2850 square feet of expansive living space. The home provides a wonderful canvas for those looking to renovate, modernize, or expand into a spectacular lakefront residence.The expansive property is truly the star of the show. With 155 feet of frontage within the urban boundary, the lot presents exciting potential for those wishing to explore development possibilities. Subject to municipal approvals, buyers may wish to investigate the potential to create two - and possibly three - lakefront lots, making this an extraordinary opportunity for investors or builders seeking premium serviced waterfront land.Whether you are searching for a magnificent lakefront estate property, a renovation project with tremendous upside, or a unique development opportunity along the shores of Lake Erie, 254 Prospect offers a truly rare combination of location, size, and potential. A strong, well-built breakwall is an incredibly important feature for any waterfront property. This one provides excellent protection from waves, erosion, and changing lake conditions while helping preserve and protect the shoreline for years to come property of this scale and waterfront presence seldom becomes available, making this opportunity at 254 Prospect Point South truly unique.
Features
Property Details
Listing
Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 254 Prospect Point Road — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$339,980 · Minimum $339,980
Use the rate your lender or broker quotes you.
Monthly costs
From the listing (2026 tax bill).
Leave at $0 if there isn't one.
Typical for this kind of home.
Hydro, heating, water and sewer.
About 1% of the price a year, set aside.
One-time costs
A typical estimate — your lawyer will confirm.
Estimated monthly cost of ownership
$10,276/mo
About $123,312 a year
- $7,519
- $885
- Home insurance$125
- Utilities$330
- Maintenance & repairs$1,417
Cash needed to close
- Down payment (20%)
- $339,980
- Ontario land transfer tax
- $30,473
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $372,953
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
254 Prospect Point Road, Fort Erie, ON
Map data © GoogleOpen in Google Maps ↗
Similar Properties Nearby
View all →
For SaleVideo tourFort Erie
$1,650,000
4347 Erie Road
For SaleFort Erie
$1,799,900
1106 House Road
For SaleVirtual tourFort Erie
$1,550,000
3290 Evadere Avenue
For SaleVirtual tourFort Erie
$1,850,000
500 Holloway Bay Road
For SaleVirtual tourFort Erie
$1,499,000
19 Driftwood Trail
For SaleVideo tourFort Erie
$1,495,000
5045 Michener Road
Last Updated: August 22, 2026
Listing Office: REVEL Realty Inc., Brokerage
This listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.