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For saleMLS® X13096086

124 Ridge Road N, Fort Erie, ON L0S 1N0

Ridgeway · L0S 1N0

$674,999

$469 / sq ft

6 months on market

Bathrooms
2
Total area
1,440 sf
Lot
72 × 150 ft

What's special

  • Covered garage

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About this property

An excellent opportunity for investors, business owners, or entrepreneurs looking for a functional commercial space in a prime Ridgeway location with outstanding visibility and flexible potential. Situated along Ridge Road North directly across from John Brant Public School, this high-exposure property benefits from steady daily traffic and prominent frontage in one of Fort Erie's growing communities. The approximately 48' x 30' building is well-suited for a variety of commercial, automotive, or mixed-use opportunities under the property's CMU4 zoning (see supplements for permitted uses). The mixed-use zoning also presents exciting future development potential, including the possibility of commercial space on the main level with residential living above, making this an appealing opportunity for investors and developers alike. The shop features three drive-in-level shipping doors at the front of the building, offering excellent accessibility and functionality for vehicles, equipment, and service operations. Included in the sale is a Wheeltronic 9000 drive-on scissor hoist, providing immediate value for automotive or mechanical businesses. Inside, the property includes a dedicated office area with a separate entrance and customer waiting area, along with two bathrooms, each equipped with a sink and toilet. The hot water tank and furnace are owned. An existing office A/C unit is present but currently not operational, and may be repairable. The attached 53' x 8' rear trailer unit provides additional utility and storage space and is included in the sale. A Phase 1 Environmental Site Assessment has already been completed for added buyer confidence, and a list of negotiable chattels is available in the supplements.

Property details

Property

Property type
retail
Bathrooms
2
Interior size
1,440 sq ft
Lot size
72 × 150 ft
Zoning
CMU4-174 (Core Mixed Use)
Possession
Flexible

Interior

Heating
Gas Forced Air Open
Cooling
No

Exterior & services

Garage
Covered

Costs

List price
$674,999
Property taxes
$4,900 / year (2025)
Price per sq ft
$469

Listing

MLS® number
X13096086
Status
For sale
Listed
May 7, 2026
Days on market
182
Last updated
September 9, 2026
Listing brokerage
RE/MAX NIAGARA REALTY LTD, BROKERAGE

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 27% of comparable retail listings in Fort Erie are asking less.

$480KMedian $1.25M$2.50M
This home
$469 / sq ft
Comparable median
$403 / sq ft

Based on 15 comparable active retail listings in Fort Erie. These are asking prices, not sale prices.

Mortgage estimate

Down payment6.3% · minimum $42,500
$42,500
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$3,497.20
Property tax (est.)
$408.33
Estimated monthly
$3,906

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$9,975
Total due on closing
$9,975

An estimate on the asking price of $674,999. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX NIAGARA REALTY LTD, BROKERAGE. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$674,999

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