4394 ELLIS Street, Niagara Falls, ON L2E 1H4

Listing courtesy of REAL BROKER ONTARIO LTD..

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$599,900
MLS®
X13663216
Days on Market
38
Status
ACTIVE
Type
Commercial
Subtype
Investment
Bedrooms
5
Subdivision
On The Corner Of Ellis St And Ontario Ave.

Property Description

If you are looking to scale your portfolio with a highly efficient, hands-off asset, this prime four-unit building in Niagara Falls is engineered for immediate performance. Perfectly positioned within walking distance to Downtown, local parks, and premier amenities, the property is situated exactly where high-quality tenants want to be. Comprising one spacious two-bedroom and three one-bedroom units, the building offers a versatile and highly rentable mix tailored to the local market.This investment perfectly balances immediate cash flow with an effortless value-add play: three of the units are already fully renovated and tenant-ready, leaving just one remaining unit as a clean slate for you to finish, customize, and set your own premium market rent. Designed for low-touch, highly profitable management, the building is fully split-metered so tenants pay their own gas and hydro directly, shielding your bottom line from utility fluctuations. With a newer roof minimizing near-term capital expenditures and coin-operated laundry in the large lower level providing an effortless secondary income stream, this is a rare, straightforward buy-and-hold opportunity. Secure this high-upside, cash-flowing piece of Niagara's growth before the market reacts.

Additional Information

Subdivision
On The Corner Of Ellis St And Ontario Ave.
Country
CA
Community Features
Major Highway
Lot Features
Irregular Lot

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks