For Sale

300-304 Ridge Road Unit# 1-5, Fort Erie, Ontario L0S 1N0

$2,200,000

300-304 Ridge Road Unit# 1-5, Fort Erie, Ontario L0S 1N0 is For Sale and has a listing price of 2,200,000. The property is located in the Fort Erie . It's been on the website for 75 Days.

  • Investment
    Property Type
  • 6
    Bathrooms
  • MLS ID: X11964648
  • Office Name REVEL Realty Inc., Brokerage
Property Description

Discover the potential of 300-304 Ridge Rd N, Ridgeway strategically situated in the vibrant downtown core of the growing Ridgeway community. This impressive property features five (5) residential units and three (3) commercial units, generating an annual gross income of $130K. Included in this offering is Ice Cream Alley, a well-established business operated by the owners, which can be purchased alongside the building, providing additional revenue opportunities. The property sits on half an acre of land, allowing for future development possibilities, such as building more units in the back. Additionally, the property boasts a second access point on Hibbard Street, enhancing accessibility and convenience. Its prime location ensures a strong customer base and high demand for both residential and commercial spaces, making this investment ideal for those looking to expand their portfolio or enter the market. Seize this opportunity to invest in a property with significant growth potential in a thriving community.

Property Details
  • MLS ID: X11964648
  • Bathrooms: 6
  • Price: $2,200,000
  • Lot Depth: 295.86
  • Transaction Types: For Sale
  • Ref ID: X11964648
  • Year Built: N/A
  • Dir / Cross St: Ridge Rd N & Hibbard
  • Status: Active
  • Tax Year: 2024
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
02/10/2025 X11964648 $2,200,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Fort Erie
  • $829,332 Average List Price
    based on 1 year
  • 19 New Listings
    based on 30 days
  • 161 Median Days on Market
    based on 1 year
  • List vs. Selling Price 220.7 % Up
  • Sold (12mo) 88
  • Rented (12mo) 37

  • 1 Month Change -36.1%
  • 3 Month Change -18.1%
  • 6 Month Change -15.8%
Walkscore
  • 45 Walk Score
    Car-Dependent
  • 27 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    82.55%
  • Commercial
    13.13%
  • Condo
    3.61%
  • Land for Sale
    0.72%
Additional Details
  • Heat Type Gas Forced Air Open
  • Washroom Type1: 6
  • Garage Type Y
  • Taxes: $7,683
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: immediate
  • Listing Entry Date: 10/02/2025 12:36:06
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