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$ 900,000

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

Listing ID# 30584680
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RE/MAX Collection

$ 900,000

  • 328 Ridge Road N
    Ridgeway, ON L0S 1N0
  • Listing ID 30584680
  • Building Type: Multi-Family
  • Building Style: 2 1/2 Storey
  • Space: 4900 sq ft
  • Status: For Sale/Active
  • Days on Market: 84
  • 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

47 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 6/30/2017 $42,500
3 7/23/2017 $798,000
4 7/23/2017 $798,000 5/3
5 8/21/2017 $349,000 2 + 1/2
6 $459,000 3 + 1/2
7 5/17/2017 $325,000 3/2
8 7/29/2017 $575,000 4/3
9 8/11/2017 $399,000 3/1
10 $329,900 2/1
348 Ridge Road North, Ridgeway, ON
Price change
House
348 Ridge Road North
Ridgeway
Listing courtesy of Royal LePage Real Estate Services Ltd., Brokerage
$798,000
  • 5 bd
  • 3 ba
  • 18
  • 2889 sq ft
  • 5 schools
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3314 LAKECREST Court, Fort Erie, ON
House
3314 LAKECREST Court
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  • 3 bd
  • 4 ba
  • 7
  • 5 schools
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366 MATHEWS Road South, Ridgeway, ON
House
366 MATHEWS Road South
Ridgeway
Listing courtesy of KELLER WILLIAMS COMPLETE NIAGARA REALTY
$799,900
  • 3 bd
  • 3 ba
  • 13
  • 2650 sq ft
  • 5 schools
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106 SUNRISE Court, Fort Erie, ON
House
106 SUNRISE Court
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Listing courtesy of IPRO REALTY LTD.
$825,000
  • 3 bd
  • 3 ba
  • 10
  • 5 schools
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4966 BROWN Road, Fort Erie, ON
House
4966 BROWN Road
Fort Erie
Listing courtesy of PEAK PERFORMERS REALTY INC.BROKERAGE
$799,900
  • 4 bd
  • 2 ba
  • 13
  • 1898 sq ft
  • 5 schools
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129 MAPLE LEAF Avenue South, Ridgeway, ON
Open house
House
129 MAPLE LEAF Avenue South
Ridgeway
Listing courtesy of REALTY EXECUTIVES PLUS LTD, BROKERAGE
$775,900
  • 3 + 1 bd
  • 4 ba
  • 17
  • 1906 sq ft
  • 5 schools
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691 Parkdale Avenue, Fort Erie, ON
New
Single Family
691 Parkdale Avenue
Fort Erie
Listing courtesy of RE/MAX NIAGARA REALTY LTD.
$429,900
  • 4 bd
  • 2 ba
  • 1200 sq ft
  • 5 schools
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68 Goderich Street, Fort Erie, ON
New
Commercial
68 Goderich Street
Fort Erie
Listing courtesy of RE/MAX NIAGARA REALTY LTD.
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3474 Garrison Road, Fort Erie, ON
Commercial
3474 Garrison Road
Fort Erie
Listing courtesy of RE/MAX NIAGARA REALTY LTD.
$750,000
  • 1881 sq ft
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3474 Garrison Road, Fort Erie, ON
RE/MAX Collection
Single Family
3474 Garrison Road
Fort Erie
Listing courtesy of RE/MAX NIAGARA REALTY LTD.
$750,000
  • 4 bd
  • 2 ba
  • 1881 sq ft
  • 5 schools
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1148 Thompson Road, Fort Erie, ON
Commercial
1148 Thompson Road
Fort Erie
Listing courtesy of RE/MAX NIAGARA REALTY LTD.
$450,000
  • 1 sq ft
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1148 Thompson Road, Fort Erie, ON
Land
1148 Thompson Road
Fort Erie
Listing courtesy of RE/MAX NIAGARA REALTY LTD.
$450,000
  • 6 schools
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275 Highland Avenue, Fort Erie, ON
Single Family
275 Highland Avenue
Fort Erie
Listing courtesy of RE/MAX NIAGARA REALTY LTD.
$385,000
  • 3 bd
  • 2 + 1 ba
  • 1400 sq ft
  • 6 schools
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410 Jordyn Drive, Fort Erie, ON
RE/MAX Collection
Single Family
410 Jordyn Drive
Fort Erie
Listing courtesy of RE/MAX NIAGARA REALTY LTD.
$525,000
  • 3 bd
  • 2 + 1 ba
  • 2000 sq ft
  • 6 schools
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1488 Lakehurst Avenue, Fort Erie, ON
RE/MAX Collection
Single Family
1488 Lakehurst Avenue
Fort Erie
Listing courtesy of RE/MAX NIAGARA REALTY LTD.
$500,000
  • 2 bd
  • 1 + 1 ba
  • 1340 sq ft
  • 5 schools
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631 Ferndale Avenue, Fort Erie, ON
Multi-Family
631 Ferndale Avenue
Fort Erie
Listing courtesy of RE/MAX NIAGARA REALTY LTD.
$475,000
  • 1940 sq ft
  • 5 schools
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