3819 Terrace Lane

FOR SALE
$624,900
3819 Terrace Lane, Fort Erie
3819 Terrace Lane
3819 Terrace Lane
3819 Terrace Lane
3819 Terrace Lane
3819 Terrace Lane
3819 Terrace Lane
3819 Terrace Lane
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
9
ROOMS
X11960321
MLSID
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Property Description
This charming 2-bedroom, 2-bathroom waterfront property in Crystal Beach, ON, offers the perfect coastal retreat with breathtaking, unobstructed lakefront views. With its light and airy coastal vibe, the home boasts a sunroom that opens to a spacious back deck, ideal for relaxing or entertaining. Recent updates include the roof (2015), insulation (2018), windows (2019), and A/C (2020), ensuring comfort and peace of mind. Located right beside the Waterfront Park, enjoy easy access to a boat launch, playground, and vibrant summer Supper Markets. The water frontage is perfect for water sport enthusiasts, making this home an ideal beach house or Airbnb investment. Come enjoy lake life for yourself, with just a short stroll to the village core full of local restaurants and shops.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-10-23 2024-12-05 43 $649,900 - Terminated
2023-09-02 2023-12-04 33 $699,000 - Expired
2023-10-19 2023-11-24 38 $2,850 $2,850 Leased
2023-09-02 2023-12-04 33 $699,000 - Expired
2023-10-19 2023-11-24 38 $2,850 $2,850 Leased
2023-09-02 2023-12-04 33 $699,000 - Expired
2023-10-19 2023-11-24 38 $2,850 $2,850 Leased
2024-09-12 2024-10-23 41 $699,900 - Terminated
2023-05-05 2023-08-07 94 $729,999 - Expired
2022-05-24 2022-08-23 91 $849,000 - Expired
2022-05-06 2022-05-16 10 $699,000 - Terminated
2022-04-19 2022-05-05 16 $850,000 - Terminated
2022-03-28 2022-04-12 15 $900,000 - Terminated
2022-03-10 2022-03-20 10 $800,000 - Terminated
2022-02-11 2022-02-27 16 $900,000 - Terminated
2020-04-20 2020-06-17 58 $499,000 $450,000 Sold
Property Details
Property Type
Semi-Detached, 2-Storey
Lot Size
21' x 123'
Acreage
< .50
Fronting
South
Taxes
$4,492 (2024)
Basement
Crawl Space
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Available
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain14.99' x 16.99'
KitchenMain10.40' x 8.17'
LaundryMain6.66' x 9.68'
DiningMain11.25' x 20.83'
BathroomMain6.66' x 9.68'
Br2nd11.84' x 16.99'
2nd Br2nd11.84' x 16.99'
Bathroom2nd11.48' x 11.48'
SunroomMain7.25' x 18.01'
Fort Erie Market Statistics
Fort Erie Price Trend
3819 Terrace Lane is a 2-bedroom 2-bathroom home listed for sale at $624,900, which is $139,750 (28.8%) higher than the average sold price of $485,150 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom home in Fort Erie declined by $28,460 (5.5%) compared to the previous 30 day period (November 19 - December 18) and up $95,900 (24.6%) from the same time one year ago.
Inventory Change
There were 17 2-bedroom homes listed in Fort Erie over the last 30 days (December 19 - January 17), which is up 88.9% compared with the previous 30 day period (November 19 - December 18) and up 466.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Fort Erie typically sold ($10,408) (2.1%) below asking price over the last 30 days (December 19 - January 17), which represents a $566 increase compared to the previous 30 day period (November 19 - December 18) and ($55,650) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in Fort Erie over the last 30 days (December 19 - January 17) stood at 394.1%, down from 477.8% over the previous 30 days (November 19 - December 18) and up from 66.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Fort Erie stood at 40 days when successfully sold over the last 30 days (December 19 - January 17), compared to 93 days before being removed from the market upon being suspended or terminated.
Listing contracted with Revel Realty Inc., Brokerage
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