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$1,599,000
Status: For Sale
Cash-flowing mixed-use investment in the heart of Ridgeway. This fully leased 8-unit building features 5 residential units and 3 commercial spaces, offering almost a 7% cap rate. Tenants are on separate hydro meters, with the option to convert to separate gas meters for added efficiency. The roof was replaced in 2020. Located in a growing community, this turnkey property is an excellent buy-and-hold opportunity for investors seeking stable cash flow and long-term appreciation.
| Property Type | :Commercial |
|---|---|
| MLS Number | :X12231362 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :25 Sep, 2025 (71 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Niagara |
|---|---|
| Postal Code | : L0S 1N0 |
| Price | : $1,599,000 |
|---|---|
| Property Taxes | :$7967.83 |
| Tax Year | :2024 |
|---|
| Air Conditioning | :Yes |
|---|---|
| Heating | :Gas Forced Air Closed |
| Cross Street | :Ridge rd and Hibbard |
| Fireplace/Stove | :Yes |
|---|
19 Jun, 2025
TREB #X12231362
Listed
$1599000.0
