367 RIDGE ROAD N, Fort Erie (Ridgeway)

$199,000

For sale: Other

Other at 367 RIDGE ROAD N, Fort Erie (Ridgeway)
Property type
Sale Of Business
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® X14152960
Neighbourhood
335 - Ridgeway

An exceptional opportunity to own and run THE ONLY INDIAN RESTAURANT IN FORT ERIE. Located in a quaint village of Rideway (Fort Erie), this restaurant has everything an aspiring business owner would look for. ***Turn-key business opportunity with loyal customer base ***Renovated cozy interiors and a 300 SF beautiful outdoor covered patio with a bar. There is an additional 300 SF non-covered patio on the restaurant side. ***Well-equipped kitchen that has 8 Ft. commerical hood fan and suppression system, and all trade equipment included in the sale - that gets you into business right away. Additional shed (included) built on the back side for strorage. *** 40-seating capacity (indoor) plus additional 20 seating capacity at outdoor patio, with LLBO permit upto the patio. Current monthly GROSS RENT is $2088.89 + HST (no additional TMI).***Seller is offering to sell entire incorporation with all its assests and liabilities, business name and licenses, social media and customer base - all inclusive deal!

Sold data

Homes in Ridgeway — recent sold market

Homes in Ridgeway took a median of 51 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 73, across 40 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 72 days.

The median sale price was $637,400.

Homes sold for about 2.7% below asking on average, so there was room to negotiate.

About 2% of sales closed above the list price.

Around 40% of sellers reduced their price before finding a buyer.

Median days to sell
51
Median sale price
$637,400
Sale-to-list ratio
97.3%
Sold above asking
3%

Based on 40 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Fort Erie (Ridgeway)

Fort Erie (Ridgeway) has 5 Fraser Institute–rated schools (4 elementary and 1 secondary), averaging 6.5/10.

Rated schools
5
Elementary
4
Secondary
1
Average rating
6.5 / 10

Top-rated schools in Fort Erie (Ridgeway)

  • Garrison Road — elementary, Fort ErieFraser rating 7.8/10
  • St Philomena — elementary, Fort ErieFraser rating 7.3/10
  • General Vanier — elementary, Fort ErieFraser rating 6.8/10
  • Greater Fort Erie — secondary, Fort ErieFraser rating 5.5/10
  • Our Lady of Victory — elementary, Fort ErieFraser rating 5.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 367 RIDGE ROAD N