154 Ridge Road, Fort Erie
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. (id:1945)
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Property details for 154 Ridge Road, Fort Erie
- Type
- Commercial
- Living Area
- 2,445 square feet
- Lot Size
- 60.99 x 120 FT
- Heating
- Other
- Cooling
- Partially air conditioned
- Annual Taxes
- $5,694
Nearby Listings Stat
Estimated price and comparable properties near 154 Ridge Road
Active Listings
127
Min Price
$99,000
Max Price
$4,749,000
Avg Price
$842,773
Days on Market
68
days
Sold Listings
47
Min Sold Price
$100,000
Max Sold Price
$2,999,990
Avg Sold Price
$724,338
Days until Sold
76
days
Neighbourhood Census Data
Fort Erie, Ontario
Population
469
Median Age
46.9
Median Income
$30,592
Dwelling Value
$250,012
Housing Tenure
Owners 80%
Renters 18%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.2
Pop. Density: 1,215.3/km²
Avg Shelter Cost: $1,250/mo
Owners with Mortgage: 64.5%
Owners Spending 30%+: 22.6%
Tenants Spending 30%+: 71.4%
English only: 96.8%
English and French: 3.2%
Median Household Income: $61,312
Median Employment Income: $28,928
Price History
Listed
May 21, 2026
by Century 21 Heritage House LTD
Current Price
$799,900
Type
Commercial
For Sale
