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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 37 days

    154 Ridge Road

    Ridgeway·Fort Erie, ON·L0S 1N0·Near FARR AVE & HIGHLAND AVE

    • 2445.2 sqft
    Fort Erie real estate›X13155694
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Prime mixed-use investment opportunity in the heart of Ridgeway! This well-maintained commercial property features 3 residential units and 1 commercial space, all fully tenanted and generating immediate rental income. Ideally located in a high-visibility area just minutes to major highways and the Peace Bridge, this property offers excellent long-term investment potential.The upper residential unit offers 2-3 bedrooms, 1.5 bathrooms, and a private balcony. The bachelor unit includes 1 bedroom and 1 bathroom, while the lower-level walk-out unit also features 1 bedroom and 1 bathroom. The commercial space is currently operating as a successful hair salon with convenient front parking and additional street parking available.The property also features a spacious rear yard and an insulated rear shed, ideal for additional storage or workspace. Each unit has its own air conditioning and separate heating system. The salon and upper unit are separately metered with utilities paid directly by tenants, while hydro for the bachelor and lower walk-out units is included in operating expenses. A solid income-producing property in one of Ridgeway's most desirable locations.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    May 21, 2026ListedCurrentFor sale$799,900 —X13155694This page
    Dec 16, 2025Previously listedSus$950 —X12637428View
    Dec 4, 2025Previously listedSus$2,000 —X12602020View
    Apr 1, 2025Previously listedTer$2,000 —X12054191View
    Feb 8, 2024Previously listedTer$2,000 —X8493757View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      3
      Heating
      Other
      Air conditioning
      Partial
      Water source
      Municipal
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 154 Ridge Road
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $3,930
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $475
    0.71% mill rate · ON
    The market

    How this home sits in the Fort Erie market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Fort Erie market right now

    Average sold price, days on market, and closed-transaction count for Fort Erie — sourced from MLS®.

    • Avg sold price
      $605,446
      Last 30 days
    • Median sold price
      $560,000
      Middle of the market
    • Days on market
      54 d
      Avg from list to close
    • Closed last 30d
      162
      MLS® transactions
    Full Fort Erie market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 154 Ridge Road — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 154 Ridge Road and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 154 Ridge Road listed for?

      154 Ridge Road is listed at $799,900 on the MLS® (listing X13155694). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 154 Ridge Road have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. Commercial Retail
  2. Asking
    $799,900
    $327 / sqft · MLS® X13155694
    Chat Zara
  3. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $605,446
    $557,010Confidence range$653,882
    Asking vs estimate
    ↑↑well-above
    +$194,454
    (+32.1%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price (limited data on this listing).

    Market analytics

    Homes like this in Fort Erie sell in about 54 days — this one has been listed 37 days.

    Avg sold price
    $605,446
    Median sold
    $560,000
    Avg days on market
    54
    Recently sold
    162
    See comparable sales
    Prime mixed-use investment opportunity in the heart of Ridgeway!
  4. This well-maintained commercial property features 3 residential units and 1 commercial space, all fully tenanted and generating immediate rental income.
  5. The bachelor unit includes 1 bedroom and 1 bathroom, while the lower-level walk-out unit also features 1 bedroom and 1 bathroom.
  6. The salon and upper unit are separately metered with utilities paid directly by tenants, while hydro for the bachelor and lower walk-out units is included in operating expenses.
  7. Ask Zara a follow-up

    Parking & garage

    3
    Garage
    None
    Parking spaces
    6
    Driveway
    6
  8. Lot & land

    1
    Zoning
    CMU4
  9. Listing & possession

    3
    Occupancy
    TBD
    Property style
    Multi-Use
    Property class
    Commercial Retail
  10. Combined estimate
    $4,405
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $3,930
    /mo
    based on the purchase price of $799,900
    $159,980 cash
    $639,920 financed
    $538,981 total interest
    Monthly payment$3,930/ month
    Principal54%$639,920
    Interest46%$538,981

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    More commercial retails in Fort Erie

    Active listings within ±20% of this asking price.

    • 124 Ridge Road
      $729,999
      124 Ridge Road
      Commercial Retail 2
    • 271 RIDGEWAY Road
      $850,000
      271 RIDGEWAY Road
      Commercial Retail
    • 155 Niagara Boulevard
      $650,000
      155 Niagara Boulevard
      Commercial Retail
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  11. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  12. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  13. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  14. Public listing courtesy of Century 21 Heritage House LTD · displayed on Summitly per MLS® data-share rules

    154 Ridge Road is a 2445.2 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  15. When was 154 Ridge Road built?

    The year built for 154 Ridge Road isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  16. What is the property tax for 154 Ridge Road?

    The 'Property tax' tab in the History section shows the most recent annual tax for 154 Ridge Road plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  17. How much would the monthly mortgage be on 154 Ridge Road?

    The affordability calculator on this page shows an estimated monthly mortgage for $799,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  18. Has 154 Ridge Road been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 154 Ridge Road with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  19. What neighbourhood is 154 Ridge Road in?

    154 Ridge Road is in Ridgeway, Fort Erie. The 'Neighbourhood' section below links to the live Fort Erie real estate hub with average sold price, days on market, and current inventory.

  20. Is Fort Erie a good place to live?

    Fort Erie is one of ON's actively-tracked Summitly markets. The full Fort Erie real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.