4115 May Avenue, Niagara Falls (Downtown), Ontario L2E3H6

Listing courtesy of HomeLife Power Realty Inc.

$469,900
3
BD
2
BA

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List Price
$469,900
MLS®
X13500960
Days on Market
82
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
3
Bathrooms
2
Lot Size Dimensions
50.3 x 50.1 FT
Subdivision
210 - Downtown

Property Description

Prime Niagara Falls investment and redevelopment opportunity! Located just steps from the Niagara River and Great Wolf Lodge, this updated two storey home offers exceptional flexibility for investors and developers alike. Featuring approximately 1,455 sq. ft. of living space, 3 bedrooms, 2 bathrooms, a partially finished basement, and private driveway parking, the property is currently tenanted, providing immediate rental income for investors. Its desirable location near Niagara's tourism district, casinos, downtown core, Rainbow Bridge, public transit, and major transportation routes makes it an attractive long-term investment in a growing area.Beyond its current income potential, this property also presents a unique long term opportunity. The neighboring property at 4208 Terrace Avenue is available for purchase separately, creating the possibility of a larger land assembly for future redevelopment. Buyers looking to secure a strategic position in one of Niagara Falls' most dynamic growth areas will appreciate the added flexibility and future upside. Whether you're seeking a turnkey investment with an established tenant, a strategic land holding, or a site with future development possibilities, 4115 May Avenue offers exceptional value in a highly desirable location. Buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses, and future development opportunities. (id:5764)

Additional Information

Ownership
Freehold
Subdivision
210 - Downtown
Parking Spaces
4
Cooling
Central air conditioning
Country
Canada
Sewer
Sanitary sewer
Heating
Forced air, Natural gas
Lot Features
Flat site, Conservation/green belt
Stories
2
Waterfront
Yes

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Calculator source: Real Geeks