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$979,000
Est. payment /mo
9 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 210 - Downtown
MLS Listing ID X12635162
Style 2 1/2 Storey
Bedrooms 9
Annual Tax Amount $3,510
Tax Year 2025
Property Sub-Type Duplex
Property Description
Attention investors and large families! This fully renovated 2.5 storey income property is located on a spacious corner lot just a short walk from Niagara Falls, Clifton Hill, and the vibrant tourist corridor, offering exceptional rental demand and strong cash flow. With 9 total bedrooms, 2 bathrooms, two full kitchens, and several additional versatile rooms, this property is an outstanding turnkey opportunity with a proven income stream. One unit is currently rented for $3000 monthly, while the second was previously rented for $2950 plus parking, offering potential for over a 6 percent cap rate. Extensively updated, the home features new furnace and A/C, updated electrical, new plumbing, new siding, new roof, and completely renovated kitchens with new flooring and modern appliances, including dedicated laundry for each unit. All bathrooms have been refreshed, including a fully remodeled basement bathroom. Outside, enjoy a new pool liner and filter, an oversized deck for entertaining, ample parking, and a two-car garage. Ideally positioned near schools, highway access, shopping, and the city's top attractions, this property suits investors seeking a high performing rental or student housing option with minimal effort required. A rare chance to secure a large, modernized property in one of Niagara's strongest rental areas.
Location
Province ON
County Niagara
Area Niagara
Rooms
Family Room No
Basement Finished with Walk-Out
Kitchen 2
Separate Den/Office 2
Interior
Interior Features Carpet Free, Separate Heating Controls
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Boulevard, Private
Garage Spaces 2.0
Pool Inground
Roof Type Asphalt Shingle
Lot Frontage 35.0
Lot Depth 100.0
Total Parking Spaces 6
Building
Unit Features Hospital,Library,Public Transit,School,School Bus Route
Foundation Concrete Block
Others
ParcelsYN No
Read Less Info
Listed by RE/MAX ESCARPMENT GOLFI REALTY INC.
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