430 Ridge Road N, Fort Erie, ON, L0S 1N0 - investment for sale | Listing ID X9047404

430 RIDGE ROAD N, Fort Erie, Ontario, L0S 1N0

MLS® # X9047404

Investment For Sale In Ridgeway, Fort Erie, Ontario

$774,999

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430 RIDGE ROAD N, Fort Erie, Ontario, L0S 1N0

$774,999

Property Information:

Excellent development opportunity just steps from historic downtown Ridgeway! Package is for a Three Storey mixed use Residential/Commercial development with Ten Residential units and one curbside commercial storefront. Currently a nicely renovated Two bedroom Two bath home that is move-in ready or ready to rent out while the remainder of the application process is completed. Minor variances have been approved and demolition permit has been applied for and granted, the building permit has also been applied for but waiting for town review as permit deposit (~$15,000) is required to start the review process. Seller will transfer the permit application to the buyer to take on the remaining process and pay the permit deposit. **** EXTRAS **** The home is currently vacant and move-in ready. Seller has a file of all relevant minor variances, permits, plans, etc. that will share with buyer upon accepted conditional offer. (id:27)

Building Features:

Style: Fourplex
Building Type: Multi-Family
Air Conditioning: Yes
Heating Type: Other
Heating Fuel: Natural gas
Cooling Type: Fully air conditioned

Property Features:

Property Type: Multi-family
Amenities Nearby: Highway, Public Transit
Irregular: Yes
Lot Depth: 165.0 Feet
Lot Frontage: 46.0 Feet
Lot Size: 46 x 165 FT
Zoning: CMU4

Courtesy of: RE/MAX NIAGARA REALTY LTD.

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Market Price Trends

Location of 430 RIDGE ROAD N, Fort Erie, Ontario, L0S 1N0

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-High

41 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate-High

41 hot days expected in 2050

66/100

Moderate-High

ClimateCheck®

Current data

This property, 430 RIDGE ROAD N , experiences 7 hot days per year at around 29.7 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 41 hot days at 33.3 degrees Celsius.

Projected Avg. Temperature

Past

29.7℃

2050

33.3℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 430 RIDGE ROAD N , experiences 11 significant 2-day storms per year, with about 336.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 413.1mm of precipitation per year.

Precipitation Per Storm

Past

336.1mm

2050

413.1mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 430 RIDGE ROAD N, Fort Erie, Ontario, L0S 1N0

Life Stage

Midlife Families

Employment Type

Mixed

Average Household Income

$110,468.92

Average Number of Children

1.74

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.3 %

High school certificate or equivalent

39.86 %

Apprenticeship trade certificate/diploma

9.11 %

College/non-university certificate

26.95 %

University Degree

9.78 %

Commuter

Travel To Work

By Car

91.04 %

By Public Transit

0.0 %

By Walking

0.56 %

By Bicycle

0.0 %

By Other Methods

8.4 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

17.37 %

Houses

82.63 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 430 RIDGE ROAD N, Fort Erie, Ontario, L0S 1N0

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 430 RIDGE ROAD N, Fort Erie, Ontario, L0S 1N0

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

430 RIDGE ROAD N, Fort Erie, Ontario, L0S 1N0

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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