Floor plan for 467 Gorham Rd, Ridgeway Ontario L0S 1N0
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124 Days on Market

467 Gorham Rd, Ridgeway, Ontario L0S 1N0

$999,900
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Highlights

Estimated Value$913,000*

Price/Sqft-

Days On Market124 days

Est. Mortgage$4,294/mth

Tax Amount (2023)$3,691/yr

*Last updated on: 24/07/27

Description

Attention Builders, Developers & Investors! Fabulous opportunity - 17,612 sq ft 125.8’ X 140’ corner development lot fronting on 2 streets. No need for re-zoning, as the current RM1-508 zoning permits medium density, creating the opportunity and flexibility for a 4 - 5 unit Townhouse complex w/ potential secondary income suites or a 4 storey apartment house for maximum density. Situated in highly sought after location in rapidly growing area of Niagara, near proposed neighbourhood retail centre, close to quaint downtown area & just minutes from the Friendship Trail and Lake. For those looking to defer the project, a 1776 sq ft 4+ Bedroom home with detached 4 car garage currently sits on the property, providing an excellent rental opportunity to offset costs until planning and approvals are put in place.


Property Details

StyleLand
View-
Age of property-
SqFt-
Lot Size17,612 SqFt(140 x 125.8)
Parking Spaces-
MLS ®Number40562233
Community NameRidgeway
Data SourceITSO

Features

Lot size: 17,612 SqFt
Sewer (Municipal)

Property History

Now
Listed for$999,900
124 days on market
history photo preview2
Jan 14, 2023
Sold for$•••,•••Listed for$710,000
221 days on market
history photo preview44
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Property listed by COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE, Brokerage
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