154 Ridge Road,Fort Erie (Ridgeway), ON L0S1N0
Fort Erie (Ridgeway), ON L0S1N0
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. (id:13843)
Details
| MLS # | X13155694 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 164 |
| Listing Provided By | Century 21 Heritage House LTD | Dayna Blair-Denham |
Features
| SQ Feet | 2,445 |
|---|---|
| Zoning | CMU4 |
Interior
| Cooling | Partially air conditioned |
|---|---|
| Heating | Other |
| Fireplace Yes / No | No |
Parking
| Parking Total | 6 |
|---|
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 5694.12 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Fort Erie (Ridgeway) |
| Postal Code | L0S1N0 |
| Listing VS Median (in L0S1N0) | |
Price: $799,900 low | high Med: $742,000 sqft: 2,445 low | high Med: 1,950 $ / sqft: $327 low | high Med: $415 On site: 164 low | high Med: 115.5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Fort Erie (Ridgeway) |
| Postal Code | L0S1N0 |
| Listing VS Median (in L0S1N0) | |
Price: $799,900 low | high Med: $742,000 sqft: 2,445 low | high Med: 1,950 $ / sqft: $327 low | high Med: $415 On site: 164 low | high Med: 115.5 | |
