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$ 900,000

328 Ridge Road N, Ridgeway, ON, L0S 1N0

Listing ID# 30584680
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$ 900,000

  • 328 Ridge Road N
    Ridgeway, Ridgeway, ON L0S 1N0
  • Listing ID 30584680
  • Building Style: 2 1/2 Storey
  • Space: 4900 sq ft
  • Days on Market: 199
  • Basements: Unfinished, None
  • Parking Type: Private Triple Plus Wide
  • Garage Type: None
  • Gas: Electric,Gas
  • Heating: Baseboard,Forced Air
  • Occupancy: Owner P
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Property Description

Great investment property on corner lot in Downtown Ridgeway. This property offers 7 units, 6 are residential units and 1 is currently being used as a pizza parlour in the 1200 square foot commercial unit on the main floor. Don't miss out on this amazing business opportunity. Please contact Listing Agent for more details about rents. Gross Rental income of $51,000. The owner of the building also owns the pizza shop and is willing to stay on as a tenant for the new buyer. The business is also for sale for $125,000 including all chattels, name and goodwill.




Demographics

Ridgeway Property Overview
87%Own 13%Rent
  • Detached 905
  • Low-Rise 26
  • Duplex 14
  • Semi-Det. 13
$ 352 k

Average Home Price in Ridgeway

48 years

Average home age in Ridgeway

Household Size
719One-family 254Non-family 11Multi-family
Household size (# people)
  • 1236
  • 2389
  • 3152
  • 4-5186
  • 6+22
Household Income in Ridgeway
74.7%Employed 17.9%Unemployed 7.5%Self-Employed
  • Blue Collar 666
  • White Collar 632
$ 81 k

Average income

43 years

Average age

Education
  • Certificate, diploma, degree 22,876
  • High School 9,541
  • No Certificate 6,918
  • College 5,943
  • Apprenticeship 3,249
Marital Status in Ridgeway
55%Married 26%Single 19%Other
Age groups
  • 0-1921%
  • 20-2911%
  • 30-4925%
  • 50+43%

Points of interest and Comparables - Ridgeway

top

$258,814*

average price

-5.82%

market trend

* - average price based on 14 comparable properties in the neighbourhood
# date listed bed/bath
1 7/1/2017 $900,000
2 9/29/2017 $259,900 3/2
3 11/24/2017 $325,000 2/1
4 11/19/2017 $374,900 3 + 1/2
5 6/18/2017 $599,900 2 + 2/2
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252 Jarvis Street, Fort Erie, ON
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