300-304 Ridge Rd N

For Sale 78 Days
$1,599,000
beds
baths
6,092 Sqft

300-304 Ridge Rd N

For Sale 78 Days
$1,599,000
beds
baths
6,092 Sqft

Highlights

Key insights

Description

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. (id:55581)

John Johnston of REVEL Realty Inc., Brokerage,
#X12231362
updated 2 months ago.
Houseful checked MLS® for data 2 months ago.

Home overview

Amenities / Utilities
  • Cooling
    Fully air conditioned
  • Heat source
    Natural gas
  • Heat type
    Forced air
Location
  • Subdivision
    335 - ridgeway
Overview
  • Lot size (acres)
    0.0
  • Building size
    6092
  • Listing #
    X12231362
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28491073/300-304-ridge-road-n-fort-erie-ridgeway-335-ridgeway
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-4,264

/ Month
25 Years fixed, 20% down payment, % interest
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%
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