NewFor Sale

300-304 Ridge Road N
Fort Erie, Niagara, ON, L0S 1N0

Investment
TRREB
MLS® Number: X12231362
$1,599,000List Price
InvestmentProperty Type
6,092 sq ftSize
$7,967.83 / 2024Taxes (Annual)
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Property Location

No Location Data Available

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Listing History

Buy/sell history for 300-304 Ridge Road N, Fort Erie, ON L0S 1N0

No listing history available for this property

0 Transactions by CPRB Agents

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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.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$7,967.83 / 2024
Listing #:X12231362
Property Type:Investment
Size:6,092 sq ft
Land Size:74.05 x 187
Days on CPRB:
Garage:Reserved/Assignd
Locker:None
On CPRB Since:
Listing Brokerage:REVEL Realty Inc., Brokerage

Rooms

Details

Property

Property Type:Investment
Community:335 - Ridgeway
Municipality:Niagara

Building

Size:6,092 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:Reserved/Assignd
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Closed

Land

Cross Street:Ridge rd and Hibbard

$1,599,000

List price

300-304 Ridge Road N, Fort Erie – Investment for sale · MLS® # X12231362 | CPRB