Active

234-238 Ridge Road N

Ridgeway ON, L0S 1N0

$1,674,000


$365.66 per sqft

Active

6 Beds

6 Baths

4,578 sqft

Multi-family

Amazing turn-key investment opportunity! This fully tenanted 5 unit property consists of 4 residential units and one commercial space. This multi use property is in a prime high traffic location in the heart of the quaint town of Ridgeway. Property has had several recent updates. 4 residential units host long term tenants commercial space is currently leased by a successful bakery. Total gross rental income $97,800 Contact listing agent for details regarding leases, recent updates and chattels included. Property only for sale (bakery not for sale but will stay on as a tenant). Put your money to work for you. Don't miss out call today! Please allow 24 hours notice for viewing of residential units.

40477738

MLS ID

September 14, 2023

Listed

August 23, 2024

Updated

Map

234-238 Ridge Road N
Ridgeway ON, L0S 1N0

Interior Features

Total Stories

2


Bedrooms

6


Total Bathrooms

6


Appliances

Instant Hot Water, Refrigerator, Stove


Laundry Description

None


Fireplace

No


Cooling

No


Cooling Description

Wall Unit(s)


Heating

Yes


Heating Description

Forced Air, Radiant

Exterior/Building Features

Lot Features

Rectangular, Business Centre, City Lot, High Traffic Area, Library, Park, Public Parking, Public Transit, Rec/Community Centre, Schools, Shopping Nearby


Roof

Asphalt, Asphalt Shing


Sewer

Sewer (Municipal)

School Information

High School

Gfess


Elementary School

John Brant

Other Property Details

Area Name

Fort Erie


Taxes

$6,165


Tax Frequency

Annually


Garage

No


Parking

Concrete


Parking Total

8


View

No


County

Niagara


Water Source

Municipal


Pool

No


Zoning

C4

Listing History

Date

Event

Price

11/14/2023

Price change

$1,674,000

-7%

10/14/2023

Price change

$1,795,000

-6%

 

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