225 Ricardo St

225 Ricardo Street in Niagara-on-the-Lake is a low-rise apartment condominium completed in 1999, featuring three floors with approximately 1,500 square foot units. Recent sales over the past two years have averaged around $1,271,000, with monthly maintenance fees averaging roughly $0.78 per square foot (approximately $1,183 monthly), covering water and building insurance. The building is located within the Town of Niagara-on-the-Lake near several parks and recreational facilities. Prospective buyers should request and carefully review the status certificate, reserve fund study, budget, financial statements, board minutes, by-laws and insurance details to understand the building's financial health and any upcoming capital projects.