Featured Imagery

Exceptional Property

120 ROSS Lane, Erieau

$675,000

5 Bedrooms

1 Bathrooms

null sqft

Property Highlights

Distinctive Features That Set This Property Apart

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Property Type

Single Family

Style

House

Year Built

1944

Square Footage

N/A

Bedrooms

5 Bedrooms

Bathrooms

1 Bathroom

Distinguished Features

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Property Overview

A Closer Look at This Distinguished Residence

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Experience waterfront living with this seasonal summer cottage located on 50’ Rondeau Bay with Lake Erie views across the street! Looking out from the front, you see the Lake–looking out from the back you front Rondeau Bay. This summer cottage features water views from every room and brings with it a breeze like no other. Boasting 5 bedrooms and a ...

MLS Number

25010364

Listed By

ROYAL LEPAGE PEIFER REALTY Brokerage

Last Updated

Jul 31, 2025, 4:40 p.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

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Property Specifications

Property Type

Single Family

Architectural Style

House

Year Built

1944

Interior Features

Flooring

Laminate

Climate Control & Utilities

Heating System

See Remarks

Air Conditioning

None

Exterior & Surroundings

Exterior Construction

Aluminum/Vinyl

Foundation

Block

Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

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Property Timeline

Historical transactions and listing information

New

MLS# 25010364

List Date

May 1, 2025, 7:16 p.m.

List Price

$675,000

Property Type

Sale

Bedrooms

Bathrooms

Financial Planning

Tools to Help You Plan Your Investment

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Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

Property Purchase Price

300,000

Down Payment

20%

Interest Rate

% p.a.

Amortization Period

Monthly Payment

Per Month

Mortgage Details

Loan Amount

$240,000

Total Interest

Total Payments

Loan-to-Value Ratio

80%

Total Number of Payments

360

Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Analysis Period:

Total Income

$4,300/monthly

2 income sources

Total Expenses

$2,530/monthly

3 expense items

Net Cash Flow

$1,770/monthly

Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.