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$749,000
Est. payment /mo
5 Beds
3 Baths
New
442 RIDGE RD N Fort Erie, ON L0S 1N0
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Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 335 - Ridgeway
MLS Listing ID X12559004
Style 2-Storey
Bedrooms 5
Annual Tax Amount $3,637
Tax Year 2025
Property Sub-Type Multiplex
Property Description
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.
Location
Province ON
County Niagara
Community 335 - Ridgeway
Area Niagara
Rooms
Family Room No
Basement Unfinished
Kitchen 3
Interior
Interior Features Carpet Free, Primary Bedroom - Main Floor
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Pool None
Waterfront Description None
Roof Type Asphalt Shingle
Lot Frontage 60.0
Lot Depth 111.0
Total Parking Spaces 4
Building
Building Age 100+
Unit Features Public Transit,Park
Foundation Concrete Block
Others
ParcelsYN No
Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE
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