122 RIDGEWAY ROAD
Crystal Beach, Fort Erie, Ontario
- 21 baths
About this property
Positioned on an expansive corner lot of nearly 2 acres, the Crystal Beach Motel presents a rare and versatile investment opportunity in the growing Fort Erie area. This well-established property features 20 guest rooms, each with its own washroom, with many units thoughtfully updated to meet modern standards.The property includes a detached garage, dedicated office and a comfortable one-bedroom manager’s apartment complete with a four-piece bathroom, offering convenient on-site living. Guests and visitors benefit from approximately 23 parking spaces and a welcoming outdoor fire pit area with seating-perfect for relaxation and social gatherings. Currently operating as a motel under legal non-conforming commercial use, the property is now zoned Residential Multiple, opening the door to a wide variety of permitted uses and future redevelopment potential (subject to approval by the Town of Fort Erie).Ideally located just minutes from the vibrant shores of Crystal Beach and the historic, lively community of Ridgeway, this site is surrounded by ongoing and proposed developments, further enhancing its long-term value.Buyers are responsible for conducting their own due diligence regarding zoning, planning, and development requirements. This is truly a prime opportunity for developers, investors, or entrepreneurs looking to capitalize on a high-potential property in a rapidly evolving area. (id:66327)
Property details
Interior
- Bathrooms
- 21
- Appliances
- Dishwasher, Oven, Dryer, Microwave, Hood Fan, Window Coverings, Two Washers
Exterior & parking
- Architectural style
- []
- Lot size
- 1.6
Building & HOA
- Heating
- Baseboard heaters, Forced air, Natural gas
- Cooling
- Fully air conditioned
Financial & legal
- List price
- $2,999,990
- Annual taxes
- $17,230
- Status
- Active
- MLS® number
- X12965298
Location
- City
- Fort Erie
- Neighbourhood
- Crystal Beach
- Province
- Ontario
- Postal code
- L0S1B0
- Directions
- Cross Streets: RODGEWAY RD/REBSTOCK RD. ** Directions: TAKE GORHAM RD SOUTH OF HWY 3.
Mortgage calculator
Estimate only — excludes taxes, insurance and CMHC. Contact us for a real quote.
Location & neighbourhood
Explore what’s nearby:
Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).
