For Sale

304 Ridge Road Unit# 5, Fort Erie (335 - Ridgeway), Ontario L0S1N0

$2,200,000

304 Ridge Road Unit# 5, Fort Erie (335 - Ridgeway), Ontario L0S1N0 is For Sale and has a listing price of 2,200,000. The property is located in the Ridgeway neighbourhood. It's been on the website for 10 Days.

  • Multi-family
    Property Type
  • Multi-family
    Building Type
  • 6
    Bathrooms
  • MLS ID: X11933166
  • Office Name REVEL Realty Inc., Brokerage
Property Description

Discover the potential of 304 Ridge Rd N, strategically situated in the vibrant downtown core of the growing Ridgeway community. This impressive property features five residential units and three commercial units, generating an annual gross income of $130K. Included in this offering is Ice Cream Alley, a well-established business operated by the owners, which can be purchased alongside the building, providing additional revenue opportunities. The property sits on half an acre of land, allowing for future development possibilities, such as building more units in the back. Additionally, the property boasts a second access point on Hibbard Street, enhancing accessibility and convenience. Its prime location ensures a strong customer base and high demand for both residential and commercial spaces, making this investment ideal for those looking to expand their portfolio or enter the market. Seize this opportunity to invest in a property with significant growth potential in a thriving community. Contact us today for more information! (id:43137)

Property Details
  • MLS ID: X11933166
  • Bathrooms: 6
  • Price: $2,200,000
  • Transaction Types: For Sale
  • Ref ID: 27824752
  • Year Built: N/A
  • Building Type: Multi-family
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
01/21/2025 X11933166 $2,200,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Ridgeway
  • $831,684 Average List Price
    based on 1 year
  • 27 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 7.72 % Up
  • Sold (12mo) 64
  • Rented (12mo) 11

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • 66 Walk Score
    Somewhat Walkable
  • 69 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    83.55%
  • Commercial
    11.01%
  • Condo
    1.69%
  • Land for Sale
    3.74%
Additional Details
  • Heat Source Natural Gas
  • Heating System Other
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 21/01/2025 00:00:00
  • Zoning Ep1
  • Agent Name: John Johnston
  • Last Updated: 24/01/2025 15:53:59
Open House Dates
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