3705 WILLSON STREET, Fort Erie (Ridgeway)

2026-06-24
 

Quick Summary

Location
3705 WILLSON STREET, Fort Erie (Ridgeway), Ontario L0S1N0
Price
$849,900 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
2000 - 2500 sqft
Bedrooms:
6
Bathrooms:
4
Garages:
6

MLS®#X13482640

Property Description

Exceptional investment opportunity in the heart of Ridgeway! Welcome to 3705 Willson Street - a well-maintained legal non-conforming fourplex situated on a large corner lot with ample parking and tremendous long-term upside.This turnkey income property features four self-contained units comprised of two 2-bedroom units and two 1-bedroom units, all currently tenanted on month-to-month leases. The 2-bedroom units generate $1,650/month each, while the 1-bedroom units generate $1,300/month each, offering strong and consistent rental income. With a projected cap rate of approximately 6.8%, this property presents an attractive opportunity for investors seeking solid returns.Pride of ownership is evident throughout. The building has been extremely well maintained, with updated major components including a metal roof, newer siding, and a newer furnace. All units are in excellent condition and have been carefully cared for, making this an ideal opportunity for both seasoned and first-time investors.Located in desirable Ridgeway, just minutes from Crystal Beach, shopping, restaurants, and local amenities, this property offers strong tenant appeal in a growing rental market.With a strong income stream, excellent condition, and plenty of future potential, this is a rare opportunity to add a solid multi-residential asset to your portfolio. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Beach, Schools, Park

Building

  • Amenities: Separate Electricity Meters
  • Appliances: Water meter
  • Basement Development: Unfinished
  • Basement Type: Partial (Unfinished)
  • Cooling Type: None
  • Exterior Finish: Vinyl siding
  • Fireplace: No
  • Interior Size: 2000 - 2500 sqft
  • Building Type: Fourplex
  • Stories: 2
  • Utility Water: Municipal water

Features

  • Feature: Level lot, Flat site

Land

  • Land Size: 123.1 x 74.6 FT
  • Sewer: Sanitary sewer

Zoning

  • Description: TRM

Information entered by RE/MAX NIAGARA REALTY LTD, BROKERAGE
Listing information last updated on: 2026-06-24 13:56:17


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