304 Ridge Rd N Road

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$1,499,000

304 Ridge Rd N Road

Ridgeway, Fort Erie · MLS® X12999544

5,400 sq ft · 1 sq ft lot · House · Multi-family · 192 days on market

listed by John Johnston, REVEL Realty Inc., Brokerage

realtor's description

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.

property details

type: House, Multi-family
living area: 5,400 sq ft
lot: 1 sq ft
parking: 0
property tax: $7,968 / yr
days on market: 192
MLS®: X12999544

features

Irregular lot size
Dishwasher

monthly cost

$7,195/mo

Mortgage $6,531 · Tax $664

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$6,531/ monthly

loan $1,199,200

25-year amortization

down payment20% · $299,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $760,100
cash to close: $299,800; down payment; transfer tax and fees not included
total paid: $1,959,300

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.