7520 Splendour Drive N, Niagara Falls, ON L2H 3V8

Listing courtesy of SERIK REALTY INC.

$999,999
5
BD
2
BA
2,000
SqFt

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List Price
$999,999
Price Change
▼ $149,001 1789267395
MLS®
X13745230
Days on Market
14
Status
ACTIVE
Type
Single Family Residential
Subtype
Detached
Bedrooms
5
Bathrooms
2
Living Area
2,000
Subdivision
Kalar Road And Mcleod Road

Property Description

Multigenerational Home & Investment OpportunityThis versatile property functions as three self-contained units, each with its own kitchen, laundry, and private entrance-ideal for extended families seeking privacy under one roof, with the flexibility to be used as a single-family home. The layout offers a 1-bedroom unit on the main floor, a 2-bedroom unit on the upper level, and a 1-bedroom unit in the basement.With a potential rental income of $5,700 per month, the property covers most of the mortgage, and income from just two units can offset the full payment-an excellent opportunity for first-time and experienced investors alike. Located in one of the area's strongest rental markets, it offers convenient access to shopping, schools, movie theaters, Walmart, and major highways, ensuring steady tenant demand.

Additional Information

Subdivision
Kalar Road And Mcleod Road
Parking Spaces
6
Country
CA
Sewer
Sewer
Roof
Asphalt Shingle
Garage Spaces
2

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Calculator source: Real Geeks