For Sale

300-304 Ridge Road, Fort Erie, Ontario L0S 1N0

$0

300-304 Ridge Road, Fort Erie, Ontario L0S 1N0 is For Sale and has a listing price of 1,599,000. The property is located in the Ridgeway neighbourhood . It's been on the website for 124 Days.

  • Investment
    Property Type
  • MLS ID: X12231362
  • Office Name REVEL Realty Inc., Brokerage
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.

Property Details
  • MLS ID: X12231362
  • Price: $1,599,000
  • Lot Depth: 187
  • Transaction Types: For Sale
  • Ref ID: X12231362
  • Year Built: N/A
  • Dir / Cross St: Ridge rd and Hibbard
  • Status: Active
  • Tax Year: 2024
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
06/19/2025 X12231362 $1,599,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Ridgeway
  • $822,967 Average List Price
    based on 1 year
  • 68 New Listings
    based on 30 days
  • 97 Median Days on Market
    based on 1 year
  • List vs. Selling Price 6.4 % Up
  • Sold (12mo) 72
  • Rented (12mo) 18

  • 1 Month Change -23.2%
  • 3 Month Change -8.5%
  • 6 Month Change -15.8%
Walkscore
Additional Details
  • Heat Type Y
  • Garage Type Reserved/assignd
  • Taxes: $7,968
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Closing after severance is complete
  • Listing Entry Date: 19/06/2025 10:35:17
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