154 Ridge Road,Fort Erie, ON L0S 1N0
Fort Erie, ON L0S 1N0
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.
Details
| MLS # | X13155694 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 109 |
| Listing Provided By | Century 21 Heritage House LTD | X13155694 461600 |
Features
| SQ Feet | 2,445 |
|---|---|
| Acreage | 0.06 |
Interior
| Cooling | Partial |
|---|
Exterior
| Security Features | No |
|---|
Utilities
| Utilities | Yes |
|---|
Taxes
| Tax Annual Amount | 5694.12 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | PT LT 23 CON 1 LAKE ERIE BERTIE AS IN RO767638; FORT ERIE |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| Region | Niagara |
| City | Fort Erie |
| Postal Code | L0S 1N0 |
| Area | 335 Ridgeway |
| Listing VS Median (in L0S 1N0) | |
Price: $799,900 low | high Med: $799,000 sqft: 2,445 low | high Med: 124,146 $ / sqft: $327 low | high Med: $6 On site: 109 low | high Med: 76 | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Niagara |
| City | Fort Erie |
| Postal Code | L0S 1N0 |
| Area | 335 Ridgeway |
| Listing VS Median (in L0S 1N0) | |
Price: $799,900 low | high Med: $799,000 sqft: 2,445 low | high Med: 124,146 $ / sqft: $327 low | high Med: $6 On site: 109 low | high Med: 76 | |
