For Sale

314 RIDGE Road, Ridgeway, Ontario L0S1N0

$675,000

314 RIDGE Road, Ridgeway, Ontario L0S1N0 is For Sale and has a listing price of 675,000. The property is located in the Ridgeway neighbourhood. It's been on the website for 71 Days.

  • Office
    Property Type
  • 5
    Parking Spaces
  • MLS ID: 40614210
  • Office Name RE/MAX NIAGARA REALTY LTD, BROKERAGE
Property Description

Amazing commercial & residential building in the heart of Downtown Ridgeway! The main floor commercial unit features about 500sq ft of well-kept retail space with large front windows and a fireplace plus an office/kitchenette/storage room, changeroom, 2pc washroom and back entrance. The facade of the building has character with the covered entrance and front porch. Upstairs in the updated residential unit, there are two bedrooms, one spacious 5pc bathroom, living room, kitchen and a nice balcony off the back. At the ground level residential entrance, the back porch has a gas BBQ hook-up. In the parking lot behind the building are 5 spaces for vehicles. Commercial and residential tenants are both willing to stay. Income opportunities with an approximate rental income of $41,000 per year. Downtown Ridgeway is a quaint but busy core neighbourhood with shops, restaurants, services, seasonal events and a Farmer’s Market every Saturday from mid-May to mid-October. (id:43137)

Property Details
  • MLS ID: 40614210
  • Price: $675,000
  • Transaction Types: For Sale
  • Ref ID: 27157532
  • Year Built: N/A
  • Property Type: Office
  • Property Type: Commercial
  • Property Sub Category: Office
Price History
List Date MLS ID List Price Status End Date Closed Price
07/11/2024 40614210 $699,000 For Sale - -
03/01/2024 40547839 $699,000 For Sale - -
10/23/2023 40499820 $749,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Ridgeway
  • $849,676 Average List Price
    based on 1 year
  • 43 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 9.24 % Up
  • Sold (12mo) 44
  • Rented (12mo) 5

  • 1 Month Change +1.2%
  • 3 Month Change -10.3%
  • 6 Month Change +2.7%
Walkscore
Property Type Distribution
  • All Houses
    82.83%
  • Commercial
    10.24%
  • Condo
    1.81%
  • Land for Sale
    5.12%
Additional Details
  • Sewers Municipal Sewage System
  • Basement2 Partial
  • Water Municipal Water
  • Exterior Vinyl Siding
  • Total Parking Spaces: 5
  • Property Features Visual Exposure, Paved Driveway
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 11/07/2024 00:00:00
  • Zoning R3a-21
  • Agent Name: SHAWN SCHERTZING
  • Address Subdivision: 335 - Ridgeway
  • Last Updated: 27/08/2024 13:23:19
Open House Dates
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