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314 Ridge Road N, Ridgeway, ON, L0S 1N0

MLS® # 40547839
Commercial For Sale In Ridgeway, Ontario
$699,000
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
314 Ridge Road N, Ridgeway, ON
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ACTIVE
314 Ridge Road N, Ridgeway, ON, L0S 1N0
$699,000

Property Information:

Amazing commercial & residential building in the heart of Downtown Ridgeway! The main floor commercial unit features about 500sq ft of well-kept retail space with large front windows and a fireplace plus an office/kitchenette/storage room, changeroom, 2pc washroom and back entrance. The facade of the building has character with the covered entrance and front porch. Upstairs in the updated residential unit, there are two bedrooms, one spacious 5pc bathroom, living room, kitchen and a nice balcony off the back. At the ground level residential entrance, the back porch has a gas BBQ hook-up. In the parking lot behind the building are 5 spaces for vehicles. Commercial and residential tenants are both willing to stay. Income opportunities with an approximate rental income of $41,000 per year. Downtown Ridgeway is a quaint but busy core neighbourhood with shops, restaurants, services, seasonal events and a Farmer's Market every Saturday from mid-May to mid-October.

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: Partial
  • Construction Materials: Vinyl Siding
  • Lot Depth: 137 Feet
  • Lot Features: Rectangular, High Traffic Area, Schools, Visual Exposure
  • Lot Frontage: 23.00 Feet
  • Parking Features: Asphalt
  • Road Frontage Type: Municipal Road
  • Utilities: Electricity Connected, Garbage/Sanitary Collection, Natural Gas Connected, Recycling Pickup, Street Lights
  • Water Source: Municipal
  • Zoning: CMU4
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 5

Courtesy of: RE/MAX NIAGARA TEAM ZING REALTY INC.

Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 314 Ridge Road N, Ridgeway, ON, L0S 1N0

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:

41 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: Very High

41 hot days expected in 2050

66/100

ClimateCheck®

Current data

This property, 314 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
7
2050
41

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 Storm Risk:

14 storms expected in 2050

64/100

ClimateCheck®

Current data

This property, 314 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
11
2050
14

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.

Demographic Information of 314 Ridge Road N, Ridgeway, ON, L0S 1N0

Life Stage

Midlife Families

Employment Type

Mixed

Average Household Income

$130,123.49

Average Number of Children

1.79

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.92 %

High school certificate or equivalent

36.77 %

Apprenticeship trade certificate/diploma

10.55 %

College/non-university certificate

27.72 %

University certificate (below bachelor)

0.24 %

University Degree

13.8 %

Commuter

Travel To Work

By Car

92.96 %

By Public Transit

0.0 %

By Walking

2.56 %

By Bicycle

0.0 %

By Other Methods

4.48 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

20.46 %

Houses

79.54 %

Own Vs. Rent