Prime 6.25-Acre Mixed-Use Development Opportunity in the Heart of Ridgeway!Attention developers, investors & end users! Rare opportunity to acquire a high-visibility corner property located in a new and rapidly developing area of the Niagara South Peninsula. This exceptional parcel offers approximately 6.25 acres of prime land with multiple zoning designations, includingCommercial and Agricultural, providing excellent potential for a variety of future uses (buyer to verify permitted uses and zoning requirements).The property features outstanding exposure with approximately 379 feet x 418 feet frontage alongGarrison Road (Highway 3) and approximately 352 feet x 675 feet frontage along Ridge Road North, offering multiple access points and excellent visibility in a high-traffic location.The site presents exciting possibilities for future development, including potential for retail plazas, professional/medical offices, restaurants, service commercial uses, and other mixed-use opportunities, subject to municipal approvals and buyer due diligence. Located in a desirable Ridgeway community where new development is actively taking place and established amenities continue to grow.Approximately 2 acres are cleared and improved with a recently updated 1.5-storey detached home serviced by municipal water and septic. The home currently generates rental income of $1,700/month plus utilities with a good tenant on a month-to-month basis who may consider staying.Ideally located within walking distance to Lake Erie and offering convenient access to Highway 3/GarrisonRoad, this property represents a rare investment opportunity with endless possibilities for the discerning buyer. Buyer to verify all permitted uses, development potential, conservation restrictions, and municipal requirements.
3 bedrooms, 1 bathroom, about 1,100 sq ft, works out to roughly $908 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 1043 Ridge Rd N
Every detail from the listing, in one place.
Type
Detached
Style
1 1/2 Storey
Living space
1100-1500 sq ftas stated on the listing
Lot size
720 x 352
Parking
4 spaces
Basement
Unfinished, Partial Basement
Features & systems
Parking & garage
Parking spaces
4
Interior
Basement
Unfinished · Partial Basement
Lot & land
Lot dimensions
720 x 352
Lot size (sqft)
0
Lot features
Irregular Lot
Listing & possession
Property style
1 1/2 Storey
Property class
Detached
1043 Ridge Rd N Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13610056$998,888
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1043 Ridge Rd N Compares to the Fort Erie Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$4,907
/mo
based on the purchase price of $998,888
$199,778 cash
$799,110 financed
$673,060 total interest
Principal54%$799,110
Interest46%$673,060
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Fort Erie
Other 2–4 bed homes for sale in Fort Erie around $999K.
Average days on market60Homes sold in about 60 days on average.
Sale-to-list ratio95.5%On average, homes sold below asking.
Active listings496Homes for sale here right now.
Median vs prior 90 days+3.6%Compared with May 10 – Aug 8, 2026: prices up.
Based on 241 sales from Aug 8 – Nov 6, 2026 (188 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 1043 Ridge Rd N
How much is 1043 Ridge Rd N listed for?
1043 Ridge Rd N is listed at $998,888 (MLS® X13610056). Summitly updates the price as soon as the MLS® record changes.
Is $998,888 a good price for 1043 Ridge Rd N?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Fort Erie. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1043 Ridge Rd N changed?
No — 1043 Ridge Rd N is still listed at its original asking price of $998,888.
How many bedrooms and bathrooms does 1043 Ridge Rd N have?
1043 Ridge Rd N has 3 bedrooms and 1 bathroom, with about 1,100–1,500 square feet of living space. It is a detached home in Fort Erie.
How much would the monthly mortgage be on 1043 Ridge Rd N?
About $4,907 a month — principal and interest on $998,888 with 20% down ($199,778), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1043 Ridge Rd N compare with other homes in Fort Erie?
Its asking price of $998,888 is about 74% above the median sold price in Fort Erie over the last 90 days, $575,000, across 241 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1043 Ridge Rd N been sold before?
Summitly has no earlier MLS® sale or lease of 1043 Ridge Rd N on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1043 Ridge Rd N?
1043 Ridge Rd N is in Fort Erie, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1043 Ridge Rd N been on the market?
102 days — 1043 Ridge Rd N was listed on July 27, 2026.
What is the price per square foot of 1043 Ridge Rd N?
About $666 to $908 per square foot: the asking price of $998,888 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 1043 Ridge Rd N have parking or a garage?
Yes — the listing gives 4 parking spaces.
Does 1043 Ridge Rd N have a basement, and is it finished?
The listing describes the basement as: Unfinished, Partial Basement.