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Executive Summary
Gorgeous renovated 4-unit multifamily investment property located on highly visible Ridge Road in the Town of Ontario within the Wayne Central School District. This property features four residential units and offers strong income potential for both seasoned investors and owner-occupants. This property features a rear deck and a large yard for tenants. Additional value-add features include four dedicated tenant storage units, coin operated washer and dryer for additional income providing added convenience for tenants. The property is also equipped with ADT security cameras monitored throughout the exterior, offering an added layer of safety and peace of mind. Convenient access to local amenities, shopping, and commuter routes while maintaining a neighborhood feel. With its prime Ridge Road exposure, stable layout, and upside potential through rent optimization or improvements, this is an excellent opportunity to add a performing asset to your portfolio. Auction Deadline is 5/8/2026 @ 2:30pm. Seller shall reserve the right to negotiate with any offer submitted on the auction platform. Live Auction can be found on www.customXchange.com platform.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,621 SF
Building Class
C
Year Built
1875
Price
$924,554 CAD
Price Per SF
$200.08 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.76
Lot Size
0.14 AC
Zoning
B
Frontage
42’ on Ridge Rd
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 543400-063-117-0014-315-441-0000 | Improvements Assessment | $217,686 CAD |
| Land Assessment | $15,842 CAD | Total Assessment | $233,528 CAD |
Property Taxes
Parcel Number
543400-063-117-0014-315-441-0000
Land Assessment
$15,842 CAD
Improvements Assessment
$217,686 CAD
Total Assessment
$233,528 CAD
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Presented by
1990 Ridge Rd
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