Residential/Mixed Use Development - Opportunity - 15.7 Acres 576 Ridge Rd. N., Ridgeway, Crystal Beach, ON Accelerating success - 15.7 Acres
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Property Brochure - For Sale
Residential/Mixed Use Development
Opportunity - ±15.7 Acres
576 Ridge Rd. N., Ridgeway, Crystal Beach, ON
Accelerating success.
576 Ridge Rd. N., is a ±15.7 Acre Property in Ridgeway, ON, home to Crystal Beach, otherwise known as Niagara’s South Coast. The town of Fort Erie (of which Ridgeway belongs) has indicated that it would support a residential rezoning of the Property. Ridgeway Crystal Beach is a sought after area with several new residential developments underway. The revitalization of Downtown Ridgeway, which is walking distance from the Property, as well as Erie Rd. with boutique shops, cafes and restaurants is driving the growth of this unique beachfront community in South Niagara.
Ridgeway, Crystal Beach, Niagara’s South Coast
Table of Contents
Boundaries............................................................................................................4 - 5
Location Overview................................................................................................6 - 7
Property Details......................................................................................................... 8
Site Plan...................................................................................................................... 9
Zoning............................................................................................................... 10 - 11
•
•
Property Gallery............................................................................................... 12 - 13
Offering Process.......................................................................................................14
Disclaimer.................................................................................................................15
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Contact....................................................................................................... Back cover
•
3
Urban Property Lines
1 LCBO
Subject Property 2 RBC
3 Valu Mart
4 Beer Store
5 CIBC
Gorham Rd.
Ridge Rd.
1 2
Dominion Rd.
3 5
4
Downtown Ridgeway
4
Ridgeway, Crystal Beach, Niagara’s South Coast
5
Urban and Property Boundaries
Subject Property
Gorham Rd.
1 2 Dominion Rd.
Downtown Ridgeway
3
Ridge Rd.
Ridgeway
Erie Rd. 4
Crystal Beach 5
6
6
Ridgeway, Crystal Beach, Niagara’s South Coast
Location Overview
576 Ridge Rd. N. is 12 minutes to the QEW and 14 minutes to the Peace Bridge.
Ridgeway is one of Niagara’s fasted growing townships and is a popular summer destination with quaint
shops, boutiques, cafes and restaurants along Ridge Rd. as well as Erie Rd. closer to the beach. Not only
is Crystal Beach minutes away, the Buffalo Canoe Yacht Club is down the road and Sherkston Shores
Beach Resort is a 12 minute drive.
1 New Commercial Development
Conceptual Site Plan Gorham Rd. 4 Erie Rd.
Dominion Rd.
Ridge Rd.
2 Ridge Rd. - Downtown Core 5 Crystal Beach
3 Crystal Ridge Residential Development 6 Buffalo Canoe Yacht Club
7
Property
Overview
Property Details
Address 576 Ridge Rd. N., Ridgeway, ON, L0S 1N0
Price $10,990,000
PIN: 641930092
Legal Description PT LT 23 CON 2 LAKE ERIE BERTIE AS IN BE25638 & AA38543; BY-LAW 16-
2018 TO DESIGNATE, AS IN SN548680, FORT ERIE
The Property is located on Ridge Rd. south of Nigh Rd. and east of
Location
Gorham Rd.
Ownership Interest For Sale
Zoning Institutional
The subject property consists of approximately 15.7 acres
of land with a frontage of 1,294 feet on the east side of
Site Dimensions Ridge Road. It has a northern boundary of 500 feet; easterly
boundary of 1,048 feet and a southern boundary of 769 feet.
The boundary dimensions are approximate.
Site Are ±15.7 Acres
Building Size ±80,437 gross building area
Date of Construction 1927 Additions: 1959, 1966, 1993, 1995
Utilities Sanitary Sewer, Municipal Water, Hydro, Natural Gas
Security System Presently monitored by PassWord Security
Parking Spaces 71
Ridgeway, Crystal Beach, Niagara’s South Coast
9
Site Plan
Zoning
The former Ridgeway Crystal beach High School site is presently designated “Institutional” in the Township of Fort Erie Official Plan and zoned
“Institutional” in the Township’s Zoning By-law. The current policy framework applicable to the site does not permit residential uses. In order to
achieve a residential and mixed-use development, an Official Plan Amendment and a Zoning By-law Amendment would be required. However,
The Township has expressed support for the development/redevelopment of the surplus school site.
Façade Heritage Designation
The front façade of the original school house portion has been designated Heritage and provides for a great opportunity for a developer to
incorporate part of Niagara’s history into the redevelopment of the site.
10Ridgeway, Crystal Beach, Niagara’s South Coast
11
Heritage Façade DesignationProperty Gallery 12
Ridgeway, Crystal Beach, Niagara’s South Coast
13Offering Process
Prospective purchasers are invited to submit Offers to Purchase the Property through
Colliers for consideration by the Vendor. Any Offer to Purchase the Property (the “Offer”)
is to be submitted to Colliers on the Vendor’s standard offering form (available upon
request from Colliers).
Property Tour Dates:
Thursday March 25 - 1 pm - 5 pm
Wednesday April 7 - 10 am - 1 pm
Confidentiality Agreement to be signed by all prospective Buyers to obtain access to the
OneDrive Data Centre for further information.
Prospective purchasers are invited to submit Offers for 576 Ridge Rd. N., Ridgeway, ON,
L0S 1N0 on or before the Offer Expiry Date:
April 15, 2021 @ 4:00 pm
Sealed Offers to be delivered to:
Attn: Donna Humphreys
Colliers International Niagara Ltd., Brokerage
82 Lake St., Suite 200
St. Catharines, ON, L2R 5X4
Alternatively please email your submissions to:
donna.humphreys@colliers.com
Subject Line should read: 576 Ridge Rd. DSBN Offer Submission
All Offers will be sealed and delivered to the DSBN at the expiry of the Offer Expiry Date.
All Offers to purchase the Property will be evaluated based upon, but not limited to,
the structure proposed by the prospective purchaser, the net proceeds to the Vendor,
the prospective purchaser’s ability to complete the transaction, and the timeliness and
proposed conditions of closing.
The Vendor will negotiate with the prospective purchaser(s) whose purchase proposal is
judged to be most attractive to the Vendor, in its sole and absolute discretion. The Vendor
is not obliged to accept any Offer and reserves the right to reject any or all Offers
received and to extend the Offer Expiry Date.
At any time prior to entering into an Offer, the Vendor may request additional information
from prospective purchasers. Failure to provide such information on a timely basis may
result in the termination of discussions. The Vendor reserves the right to end the sale
process in respect of the Property or to cease discussions with any and all prospective
purchasers at any time prior to accepting an Offer, without notice or liability.
14Ridgeway, Crystal Beach, Niagara’s South Coast
Disclaimer
Neither the Vendor nor Colliers, nor any of their respective affiliates, directors, officers,
shareholders, employees, agents, solicitors, accountants, advisors or other representatives,
makes any representations, declarations or warranties, express or implied, as to the accuracy
or completeness of the information or statements contained in this Brochure or of any other
information provided or statements made by Colliers, the Vendor or its agents, and such
material, information, or statements should not be relied upon by prospective purchasers
without independent investigation and verification. This Brochure does not purport to be
all inclusive or to contain all the information that a prospective purchaser may require in
analyzing the Property. The information on which this Brochure is based has been obtained
from various sources considered reliable. All materials, information or statements are provided
as a convenience to prospective purchasers only. The Vendor and Colliers and their respective
affiliates, directors, officers, shareholders, employees, agents, solicitors, accountants, advisors
and other representatives expressly disclaim any and all liability for any errors or omissions
contained in this Brochure or in any other oral or written communications given or made
available to prospective purchasers.
The Vendor and Colliers reserve the right to withdraw, amend or replace all or any part of
this Brochure at any time and undertake no obligation to provide prospective purchasers with
access to any additional information, other than as contemplated by the Vendor’s form of Offer.
In all cases, prospective purchasers should conduct their own investigation and analysis of the
Property.
Any Sale of the Property will be subject to the terms of an accepted Offer, which will supersede
all prior communications, including this Brochure.
15St. Catharines
Welland
Niagara Falls
QEW
Drive Times Gorham Rd.
12 minutes HWY QEW
14 minutes The Peace Bridge
25 minutes Niagara Falls
35 minutes St. Catharines Ridgeway
65 minutes Hamilton
Fort Erie
90 minutes Toronto
Crystal Beach
Residential/Mixed Use Development Opportunity
Ridgeway, On
Ralph Roselli* Greg chew*
DIR 905 354 7413 X 320 DIR 905 354 7413 x 250
MOB 905 329 4175 MOB 905 329 4415
ralph.roselli@colliers.com greg.chew@colliers.com
Colliers International Niagara Ltd., Brokerage | 82 Lake St. Suite 200 | St. Catharines, ON V6C 2R6 | 905 354 7413 | www.collierscanada.com
* Sales Representative ** Broker *** Broker of Record
This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied,
regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International
excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property
of Colliers International and/or its licensor(s). ©2021. All rights reserved.You can also read
