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About the Listing 344732 -
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.
Listing Highlights for 300-304 Ridge Rd N
Status
Active
Days on Site
83
Property Type
Commercial Sale
MLS ®
X12231362
Year Built
Total Square Footage
6,092
Lot/Acreage
N/A
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Yes
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer:
- Parking Features: Reserved/Assignd
Financial Details
- Tax Amount: $7,968
- Taxes w/Assessments: N/A
- Tax/Property ID: 641910274
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Listing Location
Questions About..
300-304 Ridge Rd N Fort Erie, ON L0S 1N0
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