234 238 Ridge Road N, Ridgeway

234 238 Ridge Road N, Ridgeway, ON L0S1N0 Photo 1

15 Photos

234 238 Ridge Road N, Ridgeway, ON L0S1N0 Photo 2
234 238 Ridge Road N, Ridgeway, ON L0S1N0 Photo 3
234 238 Ridge Road N, Ridgeway, ON L0S1N0 Photo 4
234 238 Ridge Road N, Ridgeway, ON L0S1N0 Photo 5
234 238 Ridge Road N, Ridgeway, ON L0S1N0 Photo 6
234 238 Ridge Road N, Ridgeway, ON L0S1N0 Photo 7
  • Bedrooms: 6
  • Bathrooms: 6
  • Living area: 4578 sqft
  • MLS®: 40477738
  • Type: Townhouse
  • Added: 236 days ago

Property Details

Amazing turn-key investment opportunity! This fully tenanted 5 unit property consists of 4 residential units and one commercial space. This multi use property is in a prime high traffic location in the heart of the quaint town of Ridgeway. Property has had several recent updates. 4 residential units host long term tenants commercial space is currently leased by a successful bakery. Total gross rental income $97,800 Contact listing agent for details regarding leases, recent updates and chattels included. Property only for sale (bakery not for sale but will stay on as a tenant). Put your money to work for you. Don't miss out call today! Please allow 24 hours notice for viewing of residential units. (id:1945)

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Property Information

  • Sewer: Municipal sewage system
  • Cooling: Wall unit
  • Heating: Radiant heat, Forced air
  • Stories: 2
  • Basement: Unfinished, Partial
  • Directions: Dominion Rd to Ridge Rd. N
  • Living Area: 4578
  • Photos Count: 15
  • Water Source: Municipal water
  • Parking Total: 8
  • Bedrooms Total: 6
  • Common Interest: Freehold
  • Street Dir Suffix: North
  • Subdivision Name: 335 - Ridgeway
  • Tax Annual Amount: 6165.23
  • Exterior Features: Vinyl siding
  • Community Features: High Traffic Area, Community Centre
  • Zoning Description: C4
  • Number Of Units Total: 5
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Nearby Places

Name Type Address Distance
Crystal Beach, Ontario Crystal Beach Amusement Park occupied waterfront l... 1.6 km
Backety-Back Scenic Railway It was also one of the earliest shuttle roller coa... 1.6 km
Crystal Beach Cyclone The Cyclone was located at the Crystal Beach Amuse... 2.2 km
Crystal Beach Hill Rebstock as a health spa, religious Chautauqua and... 2.3 km
Battle of Ridgeway The battlefield was designated a National Historic... 2.7 km
Fort Erie, Ontario Fort Erie is one of the fastest growing communitie... 4.9 km
Stevensville, Ontario Kraft.... 7.0 km
Canadian Motor Speedway It consists of a 1.2 kilometer (¾ mile) progressiv... 7.4 km
CFLZ-FM It is also the highest rated Canadian station in t... 8.4 km
Fort Erie Airport Fort Erie Airport, (TC LID: CNJ3), is a former air... 8.8 km
Anchor Bar It is accessible by Buffalo Metro Rail, being appr... 9.8 km
Fort Erie Race Track They sold it in 1952 to renowned Canadian horseman... 10.4 km
234 238 Ridge Road N mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 234 238 Ridge Road N. The current price of the property is $1,674,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $1,339,200. This would result in a monthly mortgage payment of $7,828 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree 15
University / Above bachelor level 10
University / Below bachelor level 10
Certificate of Qualification 15
College 75
University degree at bachelor level or above 25

Neighbourhood Marital Status Stat

Married 200
Widowed 25
Divorced 30
Separated 20
Never married 80
Living common law 35
Married or living common law 235
Not married and not living common law 160

Neighbourhood Construction Date

1961 to 1980 25
1981 to 1990 25
1991 to 2000 15
1960 or before 120
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