The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Excellent commercial opportunity to acquire an 8,900 sq ft industrial/manufacturing building situated on over half an acre in the north end of Bridgeburg, Fort Erie. Offering a functional layout and Industrial zoning that permits a wide variety of uses, this property is well suited for manufacturing, warehousing, fabrication, service trades, distribution, or other industrial operations.The brick building includes approximately 6,090 sq ft of workshop/manufacturing space, complemented by a 30' x 37' raised storage area that maximizes usable floor space. The 12'6 clear height workshop (15'6" to ceiling) is serviced by one oversized ground-level, drive-in bay door and one 16'6"x42' loading dock with ramp (OHD 8'2"x12'), along with multiple man doors providing convenient access throughout the building. The 1,700 sq ft insulated, air-conditioned and light-filled office area features a spacious open work area, kitchen area, two private offices, and two separate entrances, one complete with a reception window for customer or client service. Between the office and production areas are two multi-stall washrooms, providing convenience for both office and shop personnel. There is an additional 2pc bathroom in the workshop area. Recent improvements include a water-tight roof w/20yr warranty (2020) and a new ventilation system that is approximately 90% complete. Additional features include an alarm system, radiant heat in workshop, HVAC in front offices, thermopane windows, insulated compressor room and 3-phase 600V power. Positioned on a prominent corner lot, the property offers generous parking, room to accommodate transport trailers, grassed areas along the south and east sides, and a storage yard located at the northwest corner of the site. Conveniently located on the edge of Downtown Bridgeburg with quick access to major transportation routes, this versatile industrial property presents an outstanding opportunity for owner-occupiers, expanding businesses, or investors.
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Estimated Rental Income
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$5,315/mo
Mortgage (principal + interest)$4,489
Property taxFrom listing: $9,914/yr$826
Minimum $95,000 down for this price; the slider moves in whole percent, starting at 8%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$240,000
Ontario land transfer taxProvincial brackets, no first-time refund$20,475
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$263,275
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Fort Erie has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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