122 Ridgeway Rd

Fort Erie | | L0S 1B0
  • 1.61 sqft
  • 0 gar

$4,500,000

Est. Mtg $15,258 /mo
  • Days on market

    88

  • Status

    A

Listing Broker RE/MAX REALTY SPECIALISTS INC.
Since listed: 1 views

Home details

MLS #:

X9047287

Property type:
Investment
Style:
Taxes:
$17,356
Possession:
TBD
Condo Fee:
Lot Size:
300.83 X 233.6
Zoning:
Commercial
Use:
Heat:
Gas Forced Air Open

Description


122 Ridgeway Rd, , Fort Erie, Ontario is a Investment property in Fort Erie and in the community in the L0S 1B0 postal code


A rare, lifetime opportunity to preserve the past or develop for the future. Approx. 2 acre corner lot minutes to the famous Crystal Beach and historic downtown Ridgeway. The existing motel, has 20 rooms including 2 kitchenettes, a separate manager's suite, laundry area, outdoor firepits and seating.If your dream is to develop, zoning is R-1M, which allows medium density, up to 4 story builds. The lot can accommodate 70 to 100 (stacked) townhouses, condos or apartments. Buyer is responsible for all city planning and development requirements. The prime land offers a perfect canvas to bring to life a vibrant residential development in the prime Crystal Beach community..

Extras

Absolutely a opportunity for all developers. The area is influenced by future developments..



Payment calculator

$16705 monthly. In association with: TD Bank
%
  • Principal and Interest
    15258 /mo
  • Property Taxes
    $1446 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Gunpreet Kochar, Realtor

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