Are you looking for a robust investment opportunity with versatility to match your portfolio needs? Consider this exceptional property.
This well-maintained asset has been recently updated with new windows, boiler, upgraded stairs and decking, fresh paint, landscaping, resurfaced front porches, and reconfigured parking. It also includes a fully insulated 12?x15? accessory dwelling unit (ADU) equipped with hydro, with water/plumbing permits on the way and expected to be finalized before closing.
The property has potential for heritage designation, appealing to those with an interest in preserving character real estate. Additionally, it offers an option to be restored to a side-by-side executive duplex, blending seamlessly with the distinguished homes in this affluent neighborhood.
Currently generating a gross income of $126,780 across its six units, this property has appreciated significantly?purchased at $1.52M and now appraised at over $1.9M. It also qualifies for an MLI Select mortgage, making it an appealing addition to your investment strategy.
Full financials available upon request.
Active
MLS®#:
40643317
Price:
$1,790,000
Address:
3069 Dominion Road
Fort Erie ON L0S 1N0
Remarks:
Prime building location at the corner of Bernard and Dominion in Ridgeway. Prepared concept plan for a townhouse development has been done showing the house on and off the property. What makes this location so desirable is that it is close enough to the city, and far enough to feel like the country. This is an up and coming area in Ridgeway, be a part of it. Currently on the property you will find a raised bungalow with 3 bedrooms, move in ready, there is also a workshop that has hydro, could make for a good compound during the build.
Active
MLS®#:
40299797
Price:
$1,749,000
Address:
50765 Lambert Road
Welland ON L3B 5N6
Remarks:
Custom Built in 2019, this 4 bedroom, 3 Bathroom, 2984 square ft BUNGALOW with a Main Floor IN LAW is carpet free . Don't need an IN LAW suite yet? Use as extra living space for now. Located on 2.11 acres just minutes from Welland and all amenities in the heart of Niagara. 2 car oversized attached Garage with inside entry this home features 9 ft. high ceilings. The Great Room is vaulted . All doors are 36 "wide, halls 48 " wide. Wheelchair accessibility. Open concept , high quality finishes throughout . Oakridge Premium Kitchen Cabinets, granite counters, with many other features. Double patio doors lead out from the Great room to a covered vaulted ceiling concrete Patio. More than enough closet and storage space in all rooms. Car enthusiasts will appreciate the stand alone 32 ft. x 40 ft. insulated Auto Shop on a concrete pad with overhead heater, and auto hoist. Other features include high quality bathroom cabinets and fixtures, large 6500 gallon Cistern in main garage, UV water purifier, On Demand water system, Hot Tub , exterior window frames color matched to the exterior Brick, all windows & patio doors triple pane, siders double pane, backyard pond with windmill to keep the water circulating and much more. Basement is wide open waiting for your finishing touches with plumbing roughed in. RV, Truck, and loads parking. High Speed Fiber optics installed up to the house. Numerous inclusions, this home is valued priced.
Active
MLS®#:
40582733
Price:
$1,695,000
Address:
3375 North Shore Drive
Ridgeway ON L0S 1N0
Remarks:
Welcome to the water! Exceptional lakeside home and property set on a quiet bay on the shores of Lake Erie. Relax and unwind as you overlook the water - whether it?s on calm days when the lake is like glass or on other days when you can listen to the waves roll in. Swimming, boating, fishing, waterside campfires or just simply hanging out with family and friends - you can do it all here! Extensive renovations completed in the past couple of years while maintaining some nice character touches. Nearly 3,000 square feet of finished living space in this lovely 4 bedroom, 3 bath home. Brand new hardboard siding and a rebuilt open front porch which leads you into a gorgeous new kitchen with quartz counters and plenty of cabinetry. Open dining and living areas with plenty of room for large family gatherings featuring an oversized natural fireplace, wood floors and beamed ceilings. French doors open to a sunny den surrounded by windows offering spectacular views. Patio doors lead a brand new deck with room for 12+ people for bbq dining - a great spot to begin or end the day! The main floor bedroom is perfect for anyone visiting who is not able to do stairs. It has a shower directly inside of it plus a 2 piece bath just off the hallway. The second floor has 3 bedrooms with two of them sharing a 3 piece bath. The primary suite is extra special with its own sitting area in front of an original second wood fireplace and a 4 piece ensuite and wow - check out the views to wake up to! The lower level offers a large family room with ground floor walkout to a patio overlooking the huge backyard and right down to the lake. Large laundry/storage/mechanicals room. New furnace in 2022. C/A. Municipal water and sewers so need to worry about septic systems and cisterns like some of the other waterfront properties. Located in Fort Erie's village of Ridgeway near Crystal Beach, this property is simply fabulous.
Active
MLS®#:
40319010
Price:
$1,625,000
Address:
90-92 St. Paul Street W
St__Catharines ON L2S 2C7
Remarks:
Fantastic Development opportunity to build an upscale condo building located Downtown St.Catharines. The lot and/or the entire property can be redeveloped for 6 Floor 25 unit condominium 1 & 2 bedroom units with ample parking fully supported by the City. Currently the permitted uses based on the M1 zoning allow for Residential/Multi-Residential Units as well as the potential for commercial opportunities. Seller will provide PreCon letter with the City of St.Catharines and concept drawings. Site Qualifies for 50% to 100% Regional Reduction Fee if certain parameters of the build are met according to the Regional guidelines. Steps from the New Go Station, the New Hospital, 406 & QEW Highways.
Active
MLS®#:
40318857
Price:
$1,625,000
Address:
90-92 St. Paul Street W
St__Catharines ON L2S 2C7
Remarks:
Fantastic Development opportunity to build an upscale condo building located Downtown St.Catharines. The lot and/or the entire property can be redeveloped for 6 Floor 25 unit condominium 1 & 2 bedroom units with ample parking fully supported by the City. Currently the permitted uses based on the M1 zoning allow for Residential/Multi-Residential Units as well as the potential for commercial opportunities. Seller will provide PreCon letter with the City of St.Catharines and concept drawings. Site Qualifies for 50% to 100% Regional Reduction Fee if certain parameters of the build are met according to the Regional guidelines. Steps from the New Go Station, the New Hospital, 406 & QEW Highways.
Active
MLS®#:
40065923
Price:
$1,599,900
Address:
1009 Ontario Road
Welland ON L3B 5E5
Remarks:
UNIQUE OPPORTUNITY . ESTABLISHED RESTAURANT WITH LOYAL CLIENTELLE ON MAIN FLOOR OF 7000 SQ.FT. BUILDING AND ENORMOUS LIVING QUARTERS ABOVE. RESTAURANT SEATS 140 AND IS CURRENTLY OPERATED AS A FAMILY RESTAURANT BUT CAN SUIT ANY MENU. TURN KEY OPPORTUNITY. UPPER APARTMENT IS LARGER THAN SOME HOMES AND BOASTS MANY HIGH END FINISHES. ALSO ENOUGH ROOM ON SECOND LEVEL TO FINISH A LARGE ONE BEDROOM APARTMENT FOR ADDITIONAL INCOME. INCLUDED IN PURCHASE IS A SEPARATE 1.6 ACRE PARCEL ABUTTING THE LAND AT BACK LOT LINE. MANY FUTURE POSSIBILITIES. PROPERTY ABUTS A FUTURE RESIDENTIAL DEVELOPMENT. ALL IN A CONVENIENT HIGH TRAFFIC LOCATION. CALL FOR MORE DETAILS.
Active
MLS®#:
40601113
Price:
$1,599,000
Address:
PT LT 7 Con 5 Pettit Rd Pt 1 Road
Fort Erie ON L2A 5M4
Remarks:
45.7 Acres just off the QEW in the Town of Fort Erie. Industrial & Prestige Industrial Conservation & Wetland. Sewers and water at lot line. Minutes to Peace Bridge, Ideal for many uses!
Active
MLS®#:
40656720
Price:
$1,595,000
Address:
4119 Bridgeport Drive
Jordan Station ON L0R 1S0
Remarks:
Wonderful turn of the century brick character home set in the quaint village of Jordan Station! This 3,000+ square foot residence with 4 bedrooms in the main home, each with a private ensuite bathroom, offers the ability to run your own B&B here. There's also a separate carriage house style apartment above the double car garage. Walk up the front pathway to a grand wrap-around porch and into the front foyer where wood flooring, high baseboards and natural trim begins and then continues throughout. The spacious living room includes a cozy wood-burning fireplace framed by a stone surround & wood mantel and built-in bookshelves. You'll love the numerous leaded glass transom windows which bring extra natural light inside. The formal dining room still maintains the original large pocket door. At the heart of the home, the updated kitchen with stainless steel appliances showcases plenty of antique-styled cabinetry including a pantry wall. An additional room on the main floor serves as a perfect home office with a private entrance, while a convenient mudroom keeps the space organized. There's also a main floor den which replaces the need for a basement rec room. On the second floor, you?ll find 3 of the bedrooms and then a back staircase leads up to the versatile 3rd floor, which can serve as a huge primary suite with its own sitting and storage areas along with high vaulted ceilings. The basement houses all mechanicals, laundry, a 3 piece bath and a large storage room. The beautifully landscaped outdoor space includes an expansive backyard ideal for relaxing and entertaining plus room for kids and pets to run and play. Behind the garage is a staircase leading up to a 2nd floor accessory apartment - perfect to rent out, as a home based business space or for one of your adult children to live. Open-concept living/dining/kitchen area with fireplace, bedroom and a 3 piece bath. Whether you seek a big family home or a peaceful retreat, this residence is sure to impress!
Active
MLS®#:
40618622
Price:
$1,549,000
Address:
294 Prospect Point Road S
Ridgeway ON L0S 1N0
Remarks:
Welcome to lakeside living at its finest, a home seldomly available on the market. From the moment you approach, you'll be captivated by the impeccable quality of finishes and detail. Step into the professionally designed front courtyard featuring herringbone interlocking pathways and magazine worthy gardens, complete with irrigation and landscape lighting. Inside, the foyer offers plenty of built-in storage and an immediate view of the lake, setting the tone for the elegance within. This home boasts three bedrooms and two full bathrooms. The main floor hosts two generously sized bedrooms and a 4-piece bathroom doubling as a laundry room, with double sinks, a tiled shower, and heated floors. The primary suite on the second level promises even more luxury. A chef's dream, the kitchen features dual wall ovens, a commercial grade refrigerator, two dishwashers, dual sinks, additional built-ins including seperate fridge/freezer in the island, and a wine fridge. On the lakeside, the expansive family room with panoramic windows offers breathtaking views of Lake Erie, complemented by a gas fireplace, California shutters, herringbone tiled floors, double french doors, and an abundance of pot lighting. A true centerpiece of comfort and style. Upstairs, the oversized master bedroom is a private sanctuary with panoramic lake views, hardwood floors, and an ensuite boasting a tiled shower, soaker tub, large vanity, heated floors, and vaulted ceilings. A spacious walk-in closet completes this retreat. Outside, step onto the two-year-old deck with built-in garden beds and descend to the lawn area, where the tranquility of the lakefront makes you forget about the busiest of days. Whether as your permanent residence or vacation getaway, this home offers a mix of luxury and serenity. Don't miss the opportunity to make it yours today! (Red property lines in pictures are approximate) Please see attached video.