Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
Royal LePage
Royal LePage
Image 1
Image 2
Image 3
$799,900

Niagara Falls (Downtown) ON, L2E 3W1

MLS® # X12418760

Property Information:

FULLY RENOVATED LEGAL 4-PLEX IN RAPIDLY DEVELOPING NIAGARA FALLS LOCATION! Located just steps from the Niagara River, Niagara Falls University, Clifton Hill, and the GO Station, this fully remodelled multi-family property is an investors dream! With over $67,000 in annual income and a strong 6.75% cap rate, this turn-key opportunity offers both immediate cash flow and long-term appreciation. This LEGAL 4-plex features four fully self-contained, above-grade units - all updated with modern finishes to attract quality tenants. The finished lower level includes a shared laundry area, boosting tenant convenience and income potential. Set on an R5-zoned lot with ample parking and bordering future residential development, this property is surrounded by signs of growth - making it a rare chance to invest in a downtown neighbourhood with future redevelopment potential. BONUS: Seller is covering the first year of property taxes for the new owner, reducing your operating costs from day one. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Floor Space: 2390 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Highway, Public Transit
  • Floor Space (approx): 2390 Square Feet
  • Irregular: Yes
  • Lot Depth: 100.0 Feet
  • Lot Frontage: 50.0 Feet
  • Lot Size: 50 x 100 FT
  • Zoning: R5F
  • No. of Parking Spaces: 4

REALTOR.ca  

More Detail
Less Detail

⚠ Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 4768 CRYSLER AVENUE, Niagara Falls (Downtown), Ontario, L2E 3W1

Demographic Information of 4768 CRYSLER AVENUE, Niagara Falls (Downtown), Ontario, L2E 3W1

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$68,280.12

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

27.1 %

High school certificate or equivalent

34.72 %

Apprenticeship trade certificate/diploma

8.12 %

College/non-university certificate

21.53 %

University Degree

8.53 %

Commuter

Travel To Work

By Car

87.1 %

By Public Transit

1.38 %

By Walking

0.0 %

By Bicycle

1.64 %

By Other Methods

9.88 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

36.93 %

Houses

63.07 %

Own Vs. Rent

More Detail
Less Detail