$4,500,000

122 Ridgeway Rd

, Fort Erie, Ontario, L0S 1B0

| | 23  | sq.ft. | Year Built: 31-50 |
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A rare, lifetime opportunity to preserve the past or develop for the future. Approx. 2 acre corner lot minutes to the famous Crystal Beach and historic downtown Ridgeway. The existing motel, has 20 rooms including 2 kitchenettes, a separate manager's suite, laundry area, outdoor firepits and seating.If your dream is to develop, zoning is R-1M, which allows medium density, up to 4 story builds. The lot can accommodate 70 to 100 (stacked) townhouses, condos or apartments. Buyer is responsible for all city planning and development requirements. The prime land offers a perfect canvas to bring to life a vibrant residential development in the prime Crystal Beach community.

Property Info
MLS®: X9047287
Listing Courtesy of RE/MAX REALTY SPECIALISTS INC.
Total Bedrooms 0
Total Bathrooms 0
Basement N
Floor Space 0 sq.ft.
Lot Size 70274 sq.ft.
Style other
Last Updated 2024-07-25
Property Type Investment
Listed Price $4,500,000
Unit Pricing $4,500,000/sq.ft.
Strata Fee $0.00
Tax Estimate $17,356/Year
Year Built 31-50
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