Fort Erie, ON L0S 1N0,300-304 Ridge RD N
Fort Erie, ON L0S 1N0,300-304 Ridge RD N
Fort Erie, ON L0S 1N0,300-304 Ridge RD N
Fort Erie, ON L0S 1N0,300-304 Ridge RD N
Fort Erie, ON L0S 1N0,300-304 Ridge RD N
Fort Erie, ON L0S 1N0,300-304 Ridge RD N
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$ 1,599,000
Est. payment | /mo

6,092 SqFt


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$ 1,599,000
Est. payment | /mo
Save

6,092 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 6,092 sqft

Price per Sqft $262

Subdivision 335 - Ridgeway

MLS Listing ID X12231362

Annual Tax Amount $7,967

Tax Year 2024

Property Sub-Type Investment

Property Description

Cash-flowing mixed-use investment in the heart of Ridgeway. This fully leased 8-unit building features 5 residential units and 3 commercial spaces, offering almost a 7% cap rate. Tenants are on separate hydro meters, with the option to convert to separate gas meters for added efficiency. The roof was replaced in 2020. Located in a growing community, this turnkey property is an excellent buy-and-hold opportunity for investors seeking stable cash flow and long-term appreciation.

Location

Province ON

County Niagara

Community 335 - Ridgeway

Area Niagara

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 74.05

Lot Depth 187.0

Listed by REVEL Realty Inc., Brokerage
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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300-304 Ridge RD N