ON > Fort Erie > 335 - Ridgeway
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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Price Team

Price Team

+1(905) 308-8333
$1,599,000
Est. payment /mo
6,092 SqFt
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UPDATED:

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

Others

ParcelsYN No

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Listed by REVEL Realty Inc., Brokerage

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Price Team

Price Team

Broker

+1(905) 308-8333

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300-304 Ridge RD N