For Sale

3705 WILLSON Street

335 - Ridgeway, Fort Erie, ON, L0S 1N0

$849,900

Bedrooms6
Bathrooms4
Property typeDuplex / Multiplex
Parking6
BasementPartial Basement, Unfinished
Approx. sizethumbnail
Lot123.08 × 74.57 Feet
Taxes$4,619 (2025)

About this property

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.

Features

  • Separate Hydro Meter
  • Storage
  • Year Round Living
  • Beach
  • Level
  • School
  • Park

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Need Help Buying This Property? Contact Nili

Estimates only, for information purposes. Calculations assume a fixed rate compounded semi-annually and do not include property taxes, condo fees, insurance or closing costs. Actual rates, payments, insurance premiums and eligibility are set by your lender; consult a licensed mortgage professional.

Listing information

Listing brokerage: RE/MAX NIAGARA REALTY LTD, BROKERAGE

Listing information is provided under licence from the listing brokerage and the applicable real estate board and is deemed reliable but not guaranteed.

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