304 Ridge Rd N Road, Fort Erie (Ridgeway), Ontario, L0S1N0


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$1,499,000
Fort Erie
This multi-family property in Fort Erie is for sale offering roughly 5,400 sq ft of space.
Exceptional mixed-use investment opportunity in downtown Ridgeway. This property consists of 5 residential units and 3 commercial units, positioned in a high-demand, walkable core. Located directly across from the post office and just steps to grocery stores, restaurants, and key amenities, this asset benefits from consistent foot traffic and strong tenant appeal. A rare chance to own a centrally located building with multiple income streams in one of Ridgeway's most desirable areas. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 203 days on market, against an average age of 113 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 62 days on the market over the past year, against a median of 48 days across the markets we publish.
This multi-family in Fort Erie (Ridgeway) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,499,000, about 15.8× the local median household income of $95,000.
Carrying it typically needs a household income of about $292,807 (20% down, 25-yr amortization, stress-tested) — roughly 208% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0S)
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Loading rates, 30-yr amortization
Cash Needed to Close
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