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304 Ridge Rd N Road
335 - Ridgeway Fort Erie L0S 1N0

$1,499,000 /For Sale
Commercial

Main Photo: 304 Ridge Rd N Road in Fort Erie: 335 - Ridgeway Commercial for sale : MLS®# X12999544
Photo 1: 304 Ridge Rd N Road in Fort Erie: 335 - Ridgeway Commercial for sale : MLS®# X12999544
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12999544
Bus Major:
Apts - 6 To 12 Units
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 Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Approx. Age:
100+
Total Area:
5400 sq. ft. Square Feet
Total Area:
5,400 sq. ft.
Lot Depth:
295'
Lot Frontage:
74'1"
Lot Shape:
Irregular
Water supply:
Municipal
Zoning:
C2
Heating type:
Gas Forced Air Closed
Garage:
None
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$7,967.83 / 2025
Assessment:
$- / -
Niagara
Fort Erie
335 - Ridgeway
Fridge x 4, Stove x 5, Dishwasher x 4, Kitchen island x 2, coffee island x 1
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
No
Financial Statements:
Yes
Gross income:
$111,470.32
Expenses Actual/Estimated:
Actual
Heating Expenses:
$1,051.71
Hydro Expenses:
$6,859.73
Insurance Expenses:
$6,924.96
Tax Expenses:
$4,780
Operating Expenses:
$24,798
Other Expenses:
$3,740.94
Water Expenses:
$3,500.41
Year Expenses:
2025
Maintenace Expenses:
$2,721.79
Business/Building Name:
Building and business
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Date Listed:
Apr 15, 2026
Original Price:
Previous Price:
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Listed by REVEL Realty Inc., Brokerage
Data was last updated April 15, 2026 at 06:15 PM (UTC)
DARYL  KING
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1. Are apartment buildings a good investment?
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2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

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Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

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Typically, any property with five or more units is classified as an apartment building for investment purposes.

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You can find listings across major cities and growing suburbs where rental demand remains strong.