Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

154 Ridge Road, Fort Erie, ON L0S 1N0 (FARR AVE & HIGHLAND AVE)
$ 799900 - MLS : X13155694

From Our Gallery

Description

Prime mixed-use investment opportunity in the heart of Ridgeway! This well-maintained commercial property features 3 residential units and 1 commercial space, all fully tenanted and generating immediate rental income. Ideally located in a high-visibility area just minutes to major highways and the Peace Bridge, this property offers excellent long-term investment potential.The upper residential unit offers 2-3 bedrooms, 1.5 bathrooms, and a private balcony. The bachelor unit includes 1 bedroom and 1 bathroom, while the lower-level walk-out unit also features 1 bedroom and 1 bathroom. The commercial space is currently operating as a successful hair salon with convenient front parking and additional street parking available.The property also features a spacious rear yard and an insulated rear shed, ideal for additional storage or workspace. Each unit has its own air conditioning and separate heating system. The salon and upper unit are separately metered with utilities paid directly by tenants, while hydro for the bachelor and lower walk-out units is included in operating expenses. A solid income-producing property in one of Ridgeway's most desirable locations.

Location Description

FARR AVE & HIGHLAND AVE

Property Detail

Community: 335 - Ridgeway
Property Type: Tenant/Commercial
Garages: None
Annual Property Taxes : $ 5694.12

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : None

Amenities

Heating : Other

Listing Contracted With: Century 21 Heritage House LTD

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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