154 Ridge Road, Fort Erie, ON L0S 1N0
335 - Ridgeway, Fort Erie · Near FARR AVE & HIGHLAND AVE · View map
About this home
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.
The home
- Type
- Commercial retail
- Square footage
- 2445.2 sq ft
- Lot size
- 61 x 120 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Air conditioning
- Partial
Garage & parking
- Driveway spaces
- 6
- Total parking
- 6
Taxes & other
- Property taxes
- $5,694/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- FARR AVE & HIGHLAND AVE
- Neighbourhood
- 335 - Ridgeway
More
- MLS® number
- X13155694
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
154 Ridge Road, Fort Erie, ON L0S 1N0
335 - Ridgeway, Fort Erie · Near FARR AVE & HIGHLAND AVE
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Listing history for 154 Ridge Road
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 154 Ridge Road
Answers come straight from this home’s MLS® listing.
How much is 154 Ridge Road listed for, and what would it cost each month?
154 Ridge Road is listed for $799,900. With 20% down ($159,980), the mortgage payment would be roughly $3,227 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,701 a month, all in. That figure is an illustration, not a quote.
Is 154 Ridge Road freehold or a condo, and is there a monthly fee?
154 Ridge Road is a commercial retail in 335 - Ridgeway, Fort Erie. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 154 Ridge Road have a garage and parking?
The listing does not show a garage. The driveway adds 6 spaces. In total the listing counts 6 parking spaces.
What style of home is 154 Ridge Road?
154 Ridge Road is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 154 Ridge Road, and what is the lot size?
The lot is listed as 61 x 120 ft.
How is 154 Ridge Road heated and cooled?
Cooling is partial.
What are the property taxes for 154 Ridge Road?
Property taxes are $5,694 a year (2025), or about $475 a month.
Where is 154 Ridge Road?
154 Ridge Road is in the 335 - Ridgeway community of Fort Erie. The nearest main intersection is FARR AVE & HIGHLAND AVE. The postal code is L0S 1N0.
Is 154 Ridge Road still for sale?
Yes. It is an active listing (MLS® X13155694). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 154 Ridge Road asking?
Similar properties for sale nearby right now include 124 Ridge Road N at $674,999, 430 Ridge Road N at $644,900 and 1028 Garrison Road at $750,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 154 Ridge Road sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 154 Ridge Road?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near 335 - Ridgeway, picked by style, size and price.
Commercial retail$674,999124 Ridge Road N, Fort Erie2 bath · 335 - RidgewayCourtesy of: RE/MAX NIAGARA REALTY LTD, BROKERAGEView home →
Investment$644,900430 Ridge Road N, Fort Erie335 - RidgewayCourtesy of: RE/MAX NIAGARA REALTY LTD, BROKERAGEView home →
Investment$750,0001028 Garrison Road, Fort Erie334 - Crescent ParkCourtesy of: RE/MAX NIAGARA REALTY LTD, BROKERAGEView home →Courtesy of: Century 21 Heritage House LTD
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.