$1,499,000
304 RIDGE RD N ROAD
Beds
—
Baths
—
Sqft
5,400
Year
—
Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
Exceptional mixed-use investment opportunity in downtown Ridgeway. This property consists of 5 residential units and 3 commercial units, positioned in a high-demand, walkable core. Located directly across from the post office and just steps to grocery stores, restaurants, and key amenities, this asset benefits from consistent foot traffic and strong tenant appeal. A rare chance to own a centrally located building with multiple income streams in one of Ridgeway's most desirable areas. (id:65958)
- Subtype
- Multi-family
- Structure
- Multi-Family
- Community
- 335 - Ridgeway
- Living area
- 5,400 square feet
- Lot size
- 0.54 acres
- Lot dimensions
- 0.54
- On market
- Apr 15, 2026
- Status changed
- Apr 16, 2026
- Annual tax
- $7,967.83
- Zoning
- C2
- Photos
- 31
- MLS#
- X12999544
- Area
- FORT_ERIE_(RIDGEWAY)
Features and systems
Appliances
Heating
Cooling
Lot
Cash on cash
-11.50%
Cap rate
3.59%
GRM
16.7
Break-even rent
$10,524
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Lifestyle nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Fort Erie (Ridgeway). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.