193 Nicolas Rd is a land in Fort Erie, listed for $595,000. It has 700-1100 sq ft of living space.
1RESIDENTIAL INVESTMENT OPPORTUNITY to purchase and develop 3 lots in Ridgeway's saught-after Thunder Bay neighbourhood!
2Situated 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.
3Municipal services are available at the lot line; however, a sewer line extension from the corner is required.
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!
works out to roughly $850 per square foot. Chat with Zara if you'd like a deeper read on whether this land fits your budget and timing.
Inside 193 Nicolas Rd
Every detail from the listing, in one place.
Type
Land
Living space
700-1100 sq ftas stated on the listing
Features & systems
Lot & land
Lot size (sqft)
0.345
Listing & possession
Property class
Vacant Land
193 Nicolas Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,923
/mo
based on the purchase price of $595,000
$119,000 cash
$476,000 financed
$400,917 total interest
Principal54%$476,000
Interest46%$400,917
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Average days on market59Homes sold in about 59 days on average.
Sale-to-list ratio95.5%On average, homes sold below asking.
Active listings535Homes for sale here right now.
Median vs prior 90 days−2.2%Compared with Apr 29 – Jul 28, 2026: prices down.
Based on 266 sales from Jul 28 – Oct 26, 2026 (173 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 193 Nicolas Rd
How much is 193 Nicolas Rd listed for?
193 Nicolas Rd is listed at $595,000 (MLS® X14117964). Summitly updates the price as soon as the MLS® record changes.
Is $595,000 a good price for 193 Nicolas Rd?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Fort Erie. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 193 Nicolas Rd changed?
No — 193 Nicolas Rd is still listed at its original asking price of $595,000.
How many bedrooms and bathrooms does 193 Nicolas Rd have?
193 Nicolas Rd has about 700–1,100 square feet of living space. The listing doesn't publish a bedroom or bathroom count. It is a lot in Fort Erie.
How much would the monthly mortgage be on 193 Nicolas Rd?
About $2,923 a month — principal and interest on $595,000 with 20% down ($119,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 193 Nicolas Rd compare with other homes in Fort Erie?
Its asking price of $595,000 is about 9% above the median sold price in Fort Erie over the last 90 days, $547,500, across 266 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 193 Nicolas Rd been sold before?
Yes — Summitly has 1 earlier MLS® listing of 193 Nicolas Rd on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.
Where is 193 Nicolas Rd?
193 Nicolas Rd is in Fort Erie, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 193 Nicolas Rd been on the market?
193 Nicolas Rd was listed today (October 26, 2026).
What is the price per square foot of 193 Nicolas Rd?
About $541 to $850 per square foot: the asking price of $595,000 over the 700–1,100 sq ft the listing gives as its size range.
What is the lot size of 193 Nicolas Rd?
The lot is 50 acres, as published in the listing.
What is the land transfer tax on 193 Nicolas Rd?
About $8,375 in Ontario land transfer tax at the asking price of $595,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.