3-Bed Bungalow Near Lake Erie with Club Access

Property details for 3562 Algonquin Drive, Fort Erie

Type: Residential
Style: Bungalow
Bedrooms: 3
Bathrooms: 3
Lot Size: 56.2 x 122.7 FT
Stories: 1
Basement: Partially finished, Full
Parking: Attached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Stone, Hardboard
Ownership: Freehold
Annual Taxes: $9,475

You're five minutes from the sandy beaches of Crystal Beach and just a quick drive to historic Ridgeway's shops and restaurants. This 1,839 sq ft bungalow in Ridgeway-by-the-Lake is an adult lifestyle community, so it's quiet and low-maintenance. Inside, the former show home has vaulted ceilings and engineered hardwood throughout the main living spaces. The kitchen has granite counters, stainless appliances, a double sink, coffee bar, and an island with seating for four-great for entertaining. The great room has a gas fireplace and glass doors to a covered patio, with mature spruce trees in the fenced backyard for privacy. The primary suite is a real retreat: heated floors, double sinks, a soaker tub, separate shower, and a custom walk-in closet. There's a second main-floor bedroom and full bath, plus a laundry room with direct garage access. The lower level is finished with a rec room, third bedroom, and 4-piece bath-plenty of space for guests. A Generac generator, backup sump pump, and security system are already in place. Priced at $979,900, which sits above the area's median of $848,900, but the condition and features justify it. The optional Algonquin Club membership gets you a saltwater pool, fitness centre, and sauna-perfect for the lifestyle here.

About 3562 Algonquin Drive, Fort Erie — Property Score

Hot Market Great Location

Score: 62/100

Value

Priced 58.5% above area median of $618,250 based on 220 comparable properties nearby 1

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - 1 fewer than similarly priced 4-bedroom homes nearby 48

3 bathrooms - typical for similarly priced properties 60

6,896 sqft lot - a generous lot for the area 78

Location

$90K median household income - above the Canadian average of $70K 75

89% of residents hold postsecondary credentials - a highly educated neighbourhood 96

95% homeownership rate - indicating a stable, owner-occupied community 96

54% of residents commute under 30 minutes - good commuting convenience 73

305/km² population density - a rural or semi-rural setting 55

Market

Just listed - area average is 35 days on market 100

+34.3% median price change over 1 month - rising prices in the area 100

27.6 months of housing supply - 276 active listings with 10 sold last month (buyer's market) 40

Features

6-car garage - area average is 6.2 spots 95

Partially finished, Full basement - potential for additional finished space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

1 fireplace - a desirable feature for Canadian winters 75

No premium extras like pool, waterfront, or view 50

Investment

0.97% effective tax rate ($9,475/yr) - below the Canadian average of ~1% 71

4% renter population - primarily owner-occupied area 35

Quality

Condition

Listing

33 photos provided - below the area average of 36 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.