$235.10 Per Sq Foot $6,436 est/mo Sourced by Back At You

5237 Victoria Avenue,Niagara Falls, ON L2E 4E6

Niagara Falls ON, L2E 4E6

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Description

Calling all savvy real estate investors! This is your golden ticket to a lucrative venture in downtown Niagara Falls. Nestled in the heart of tourist paradise, this income-generating property is a strategic gem boasting an unbeatable location for maximum returns. The building features a vacant commercial unit perfect for a takeout establishment, alongside three meticulously updated residential units. Two of these units, each with one bedroom, one bathroom, a well-equipped kitchen, and a cozy living area, offer significant rental potential. Additionally, a spacious three-bedroom owner-occupied apartment promises an outstanding monthly rental range of $2300-$2700. With the proximity to Clifton Hill, the QEW, Rainbow Bridge, and the allure of Niagara Falls tourism, this is a prime investment opportunity that promises both immediate and long-term gains. Don't miss your chance to capitalize on this incredible real estate prospect!

Details

MLS#40553318
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site73
Listing Provided ByREVEL Realty Inc., Brokerage | Phyllis De Prophetis

Features

Bed(s)6
SQ Feet5,100
BasementY
Story(s)2
Units5
ZoningGC
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Learn More About This Property

ProvinceON
RegionNiagara
CityNiagara Falls
Postal CodeL2E 4E6
AreaNiagara Falls
Subarea211 Cherrywood
Community Name211 Cherrywood
Listing VS Median (in 211 Cherrywood)
Price:
$1,199,000
low | high
Med:
$599,990
99.959132610509% of Average
SqFt:
5,100
low | high
Med:
1,182
100% of Average
$ / SqFt:
$235
low | high
Med:
$508
65.912371985114% of Average
On Site:
73
low | high
Med:
4.000000
100% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 1:56:36 PM PDT