243 Gorham RD - Commercial LAND FOR SALE


Ridgeway, ON L0S 1N0 138,085 SF
$2,395,000 CAD
888-707-3850
243 Gorham RD, Ridgeway, ON for Sale
$2,395,000 CAD
Commercial LAND - FOR SALE
1/13
138,085 SF

243 Gorham RD
Ridgeway, ON L0S 1N0


HIGHLIGHTS

  • Exceptional opportunity to acquire a 3.17-acre serviced development parcel within the Urban Boundary in the west end of historic Ridgeway
  • The site is a former elementary school location with institutional zoning in a well-established residential neighbourhood.
  • Ideally situated just minutes from Crystal Beach and Lake Erie, with convenient access to Niagara Falls, Port Colborne, and the Canada-U.S. border
  • The property offers versatile development potential, including institutional, community, assisted living, or affordable housing uses pending approval.

OVERVIEW

Exceptional opportunity to acquire a 3.17 acre serviced development parcel within the Urban Boundary in the west end of historic Ridgeway, within the Town of Fort Erie in Niagara Region. Formerly the site of an elementary school, this property offers a rare sizeable land holding in an established residential neighbourhood with institutional zoning currently in place. Ideally situated just minutes from Crystal Beach and the shores of Lake Erie, the location combines small town charm with excellent regional accessibility. The site is within convenient driving distance to Niagara Falls, Port Colborne, and the Canada-U.S. border, positioning it well for a wide range of potential users and development opportunities. With existing zoning, servicing, and a mature surrounding community, the property lends itself to a variety of future uses, including day nursery, group home, home for the aged, hospice, nursing home, place of worship, religious institution, or assisted living (all pending municipal approval). The site may also be ideal for non-profit housing developers to supply affordable housing units that meet with objectives to address Fort Erie need. The Secondary Plan provides that a development may be considered for medium density residential if meeting certain criteria, which is demonstrated with this site location. This is a rare opportunity to secure a substantial development parcel in one of Niagara Region's desirable and well established communities. Favourable Phase II Environmental Site Assessment completed in 2022.

FOR SALE DETAILS

PRICE

$2,395,000 CAD

PRICE/ACRE

$755,521/AC

PRICE/SF

$17 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial

LAND ACRES

3.17 AC

LAND SF

138,085 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas

ZONING

I

APN/PARCEL ID

270302001523300

ASK ABOUT THIS PROPERTY

Patrick DaleyPD REALTY INC., BrokerageMore Info
888-707-3850

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Patrick DaleyPD REALTY INC., BrokerageMore Info
888-707-3850

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.