• Mobile: 416-949-2626
  • Office: 416-293-8500
  • Fax: 905-913-8585

$1,599,000
Available - For Sale
Listing ID: X12231362
300-304 Ridge Road North , Fort Erie, L0S 1N0, Niagara


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.
Price $1,599,000
Taxes: $7967.83
Tax Type: Annual
Assessment Year: 2025
Occupancy: Tenant
Address: 300-304 Ridge Road North , Fort Erie, L0S 1N0, Niagara
Postal Code: L0S 1N0
Province/State: Niagara
Legal Description: CON 1 LE PT LOT 23 PLAN 227 PT LOT 8 PLA
Directions/Cross Streets: Ridge rd and Hibbard
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Category: Apartment
Building Percentage: T
Total Area: 4840.00
Total Area Code:  Square Feet
Financial Statement: T
Washrooms: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
REVEL Realty Inc., Brokerage
Personal Picture
Wally Islam
Real Estate Broker
Dir:
416-949-2626
Bus:
416-293-8500
Fax:
905-913-8585
 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Com - Investment
Area: Niagara
Municipality: Fort Erie
Neighbourhood: 335 - Ridgeway
Style:
Lot Size: x 187.00(Feet)
Approximate Age:
Tax: $7,967.83
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
$
%
%
Years