Homula Realty Brokerage
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271 RIDGEWAY Road, Fort Erie, ON L0S 1B0

Commercial Retail
$850,000

Incredible opportunity to own or lease a unique commercial space in the heart of Crystal Beach. Formerly a firehall, this versatile property offers over 5,000 square feet of open, ready-to-customize space with endless potential. Located on Ridgeway Road the main route to the beach and also accessible from Cambridge Road, the property sits in a prime high-traffic area surrounded by local shops, restaurants, and tourist activity.The building has been fully opened up to allow for a wide range of tenant improvements. Concrete has already been cut and new plumbing installed, with the option to have it filled in prior to closing. Zoned commercial with residential permissions, making it ideal for retail, service-based businesses, mixed-use development, or a unique live-work concept.Features include a triple garage bay facing the front, an additional garage bay at the rear, and an abundance of on-site parking. With excellent visibility and flexible usage options, this is a standout opportunity in a thriving beachside community. TMI negotiable.

MLS number
X13710468
Type
Commercial Retail
Status
Active
Bedrooms
Bathrooms
Postal code
L0S 1B0
Photos
15
Property tax
$14,626 / year
18days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
St George Catholic Elementary School
Niagara CDSB
Elementary761 m8.8 / 10
88% met the standard
John Brant Public School
DSB Niagara
Elementary1.3 km8.1 / 10
81% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 497 people.

$59,600Median household income
83.3%Own their home
89.8%Detached houses
55.2Median age
16.5%Born outside Canada
14.3%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35260681 — the few blocks around this address, home to 497 people. It describes the area, not this property.

497Population
50.1Average age
2Household size
$69,000Average household income
$59,600Median household income
83%Own their home
17%Rent
4%Condominiums
17%Born outside Canada
14%University degree
$436,000Average home value
18%Low income
62%Not in the labour force
26%Never married
$15,000 to $19,9992%
$20,000 to $24,9995%
$25,000 to $29,9995%
$30,000 to $34,9994%
$35,000 to $39,9994%
$40,000 to $44,9995%
$45,000 to $49,9997%
$50,000 to $59,99911%
$60,000 to $69,9997%
$70,000 to $79,9997%
$80,000 to $89,9997%
$90,000 to $99,9995%
$100,000 and over16%
$100,000 to $124,9995%
$125,000 to $149,9995%
$150,000 to $199,9994%
$200,000 and over2%

Percentages are of the 285 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$170,000 · minimum here is $60,000
$3,763.62per month
Borrowed before insurance$680,000
Total borrowed$680,000
Interest over 25 years at 4.5%$449,085

If you rented it out

-$4,982.45per month out of pocket
Rent$0.00
Everything it costs to hold$4,982.45
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by REVEL Realty Inc., Brokerage. Listing data provided by the Toronto Regional Real Estate Board.