154 RIDGE ROAD
Fort Erie (Ridgeway), Ontario
MLS® X13155694
$799,900
- Status
- Active
- Property type
- Retail
- MLS® number
- X13155694
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 35Listing description
Prime mixed-use investment opportunity in the heart of Ridgeway! This well-maintained commercial property features 3 residential units and 1 commercial space, all fully tenanted and generating immediate rental income. Ideally located in a high-visibility area just minutes to major highways and the Peace Bridge, this property offers excellent long-term investment potential.
The upper residential unit offers 2-3 bedrooms, 1. 5 bathrooms, and a private balcony. The bachelor unit includes 1 bedroom and 1 bathroom, while the lower-level walk-out unit also features 1 bedroom and 1 bathroom.
The commercial space is currently operating as a successful hair salon with convenient front parking and additional street parking available. The property also features a spacious rear yard and an insulated rear shed, ideal for additional storage or workspace. Each unit has its own air conditioning and separate heating system.
The salon and upper unit are separately metered with utilities paid directly by tenants, while hydro for the bachelor and lower walk-out units is included in operating expenses. A solid income-producing property in one of Ridgeway's most desirable locations.
Property summary
- MLS® number
- X13155694
- Property type
- Retail
- Square footage
- 2,445 sq ft
- Land size
- 60.99 x 120 FT
- Annual property taxes
- $5,694.12
- Parking
- 6 spaces
- Days on market
- 97 days
Features & details
- Heating
- Other
- Cooling
- Partially air conditioned
What would this home cost you?
Based on the $799,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Century 21 Heritage House LTD, FORT ERIE.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.