view of property exterior with a shingled roof, a yard, and covered porch Features: lawn, porch

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aerial view of property and surrounding area

aerial perspective of suburban area Features: residential view

living area featuring recessed lighting and wood finished floors Features: natural light, hardwood floor

living room featuring recessed lighting and wood finished floors Features: hardwood floor, natural light

dining area featuring light wood-type flooring and recessed lighting Features: natural light, refrigerator, hardwood floor

dining space featuring light wood finished floors and recessed lighting Features: hardwood floor, natural light

kitchen featuring white cabinetry, white appliances, light countertops, recessed lighting, and light floors Features: open shelves, white cabinets, raised cabinets, built in shelves, refrigerator, sink, countertops, dishwasher, natural light

kitchen featuring white appliances, white cabinets, light countertops, recessed lighting, and under cabinet range hood Features: dishwasher, white cabinets, range hood, countertops, raised cabinets, open shelves, range oven, microwave, u shaped kitchen, natural light, refrigerator, sink

kitchen featuring white appliances, white cabinetry, under cabinet range hood, recessed lighting, and light stone countertops Features: white cabinets, refrigerator, stone countertops, range oven, raised cabinets, range hood

office area with light wood-style flooring Features: tv, radiator, hardwood floor, natural light

office space featuring wood finished floors Features: tv, smoke carbon monoxide detector, natural light, hardwood floor

bedroom featuring french doors, a closet, and recessed lighting Features: french doors, closet, natural light

bedroom featuring a closet, recessed lighting, and wood finished floors Features: closet, hardwood floor, natural light

full bath with a shower with shower curtain, vanity, and light wood-style flooring Features: vent, hardwood floor, sink, shower, toilet, vanity

wooden terrace with an outdoor living space and a gazebo Features: outdoor living space, deck, gazebo

deck with a gazebo Features: deck, gazebo

view of side of home with a lawn, a deck, stairway, and a shingled roof Features: gazebo, deck, fence, lawn

view of patio featuring view of scattered trees

view of grassy yard with view of wooded area Features: lawn

aerial view of residential area Features: residential view

aerial view of property and surrounding area Features: residential view

aerial perspective of suburban area featuring a large body of water Features: residential view, water view

view of property location with nearby suburban area Features: forest view, residential view

view of property location with nearby suburban area Features: residential view

aerial view of property's location with a tree filled landscape and nearby suburban area Features: residential view

view of property location featuring nearby suburban area Features: residential view

drone / aerial view of a tree filled landscape

view of side of home with roof with shingles, a yard, and covered porch Features: porch, lawn

view of front facade with a front yard and a porch Features: porch, lawn

view of front facade featuring a porch and a front lawn Features: porch, lawn

view of front of house with a porch and a front lawn Features: porch, lawn

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For Sale - 442 RIDGE Road, Fort Erie, Ontario

442 Ridge Road

Fort Erie , Ontario

5 3 $749,000

Est payment $3,713/mo

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Time on Jump 16 day

AI Summary *

Fully rented three-unit property generating $43,632 in annual rental income.
Located in a desirable area near green space and downtown amenities.
Large two-bedroom unit features spacious rooms and a bright kitchen.
Enjoy outdoor living on a covered porch and private rear deck.
Ample parking available for 4-5 vehicles on the expansive lot.

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Purchase Price

Term

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Down Payment:
$ 37,450 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

Beautiful 3 unit income property in ridgeway. Fully rented with great tenants. Presently brings in $43,632 of rental income per year. Located in a desirable ridgeway residential/commercial area, backing onto green space while also being close to downtown amenities. Configured as three rental units (two 2-bedroom units and one bachelor). The largest 2-bedoom apartment offers large principal rooms, a bright kitchen with built-in cabinets, double-wide fridge, and large stove, open concept living and dining area and 4-piece bath. Enjoy outdoor living on the covered front porch or private rear deck overlooking the yard and surrounding trees. The expansive lot includes ample parking with a driveway and concrete pad accommodating up to 4-5 vehicles. Convenient location near schools, shops, and parks. Excellent opportunity for investors to add to their portfolio.

Listing IDX12559004

Address442 RIDGE Road

CityFort Erie, Ontario

Price$749,000

Bed / Bath5 / 3 Full

Style2-Storey, Multiplex

ConstructionConcrete, Metal/Steel Siding

Land Size8019.11

TypeMulti-Family

StatusFor Sale

Extras

Subtype MultiplexIndoor Features Carpet Free, Primary Bedroom - Main FloorAmenities Public Transit, ParkOwnership FreeholdWaterfront NoneBasement UnfinishedFoundation Concrete BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

Market Info

Parking 4.00

Listing Agency:
RE/MAX NIAGARA REALTY LTD, BROKERAGE

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Listing Agency:
RE/MAX NIAGARA REALTY LTD, BROKERAGE

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For Sale - 442 RIDGE Road, Fort Erie, Ontario

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Property Info

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Market Info

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