1043 RIDGE Road North

Fort Erie, ONDetached
$998,888
MLS® X13610056
Detached3 beds1 baths4 total
1043 RIDGE Road North, Fort Erie, ON photo 1
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About This Property

Prime 6.25-Acre Mixed-Use Development Opportunity in the Heart of Ridgeway!ATTENTION DEVELOPERS, INVESTORS & END USERS! Rare opportunity to acquire a high-visibility corner property located in a new and rapidly developing area of the Niagara South Peninsula. This exceptional parcel offers approximately 6.25 acres of prime land with multiple zoning designations, includingCommercial and Agricultural, providing excellent potential for a variety of future uses (buyer to verify permitted uses and zoning requirements).The property features outstanding exposure with approximately 379 feet x 418 feet frontage alongGarrison Road (Highway 3) and approximately 352 feet x 675 feet frontage along Ridge Road North, offering multiple access points and excellent visibility in a high-traffic location.The site presents exciting possibilities for future development, including potential for retail plazas, professional/medical offices, restaurants, service commercial uses, and other mixed-use opportunities, subject to municipal approvals and buyer due diligence. Located in a desirable Ridgeway community where new development is actively taking place and established amenities continue to grow.Approximately 2 acres are cleared and improved with a recently updated 1.5-storey detached home serviced by municipal water and septic. The home currently generates rental income of $1,700/month plus utilities with a good tenant on a month-to-month basis who may consider staying.Ideally located within walking distance to Lake Erie and offering convenient access to Highway 3/GarrisonRoad, this property represents a rare investment opportunity with endless possibilities for the discerning buyer. Buyer to verify all permitted uses, development potential, conservation restrictions, and municipal requirements. (id:63604)

Key Facts

Type
Detached
Beds
3
Baths
1
Size
1,100 sqft
Lot
352 x 720 FT
Parking
4 total
Property Details 16 details
Bedrooms
3 bedrooms
3 above grade + 0 below grade
Bathrooms
1 bathroom
Parking
4 parking spaces
No Garage
Living area
1,100 - 1,500 sq. ft.
Property
Single Family · Freehold · Detached
Property subtype
Single Family
Structure type
House
Ownership
Freehold
Attached status
Detached
Storeys
1.50
Basement
Unfinished, Partial
Heating
Forced air, Natural gas
Fireplace
No
Lot dimensions
352 x 720 FT
Frontage
352 feet
Taxes
$4,283.45
Zoning
EC-ECU-RU-A
Water source
Municipal water
Sewer
Septic System

Exterior features

StuccoVinyl siding

Lot and water

Wooded areaLevel
Rooms 9 rooms
Level
Room
Dimensions
Main level
Kitchen
4.47 m x 3 m
Main level
Dining room
4.17 m x 3.3 m
Main level
Living room
4.11 m x 3.51 m
Main level
Bedroom
4.17 m x 2.9 m
Main level
Bedroom
3.96 m x 2.9 m
Main level
Mud room
6.02 m x 2.29 m
Main level
Bathroom
Not specified
Second level
Primary Bedroom
4.01 m x 3.2 m
Second level
Other
3.56 m x 3.2 m
Mortgage & Affordability Estimate monthly costs
Purchase price$998,888
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Ridgeway
City
Fort Erie
Postal code
L0S 1N0
Nearby
CORNER OF GARRISON AND RIDGE RD. NORTH