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$ 839,000
Est. payment /mo
Active
4743 RYERSON Crescent Niagara Falls, ON L2E1E6
2,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500
Square Footage 2,500 sqft
Price per Sqft $335
Subdivision 210 - Downtown
MLS® Listing ID 40819387
Property Sub-Type Freehold
Property Description
Attention investors and large families! This fully renovated 2.5 storey income property is located on a spacious corner lot just a short walk from Niagara Falls, Clifton Hill, and the vibrant tourist corridor, offering exceptional rental demand and strong cash flow. With 9 total bedrooms, 2 bathrooms, two full kitchens, and several additional versatile rooms, this property is an outstanding turnkey opportunity with a proven income stream. One unit is currently rented for $3000 monthly, while the second was previously rented for $2950 plus parking, offering potential for over a 6 percent cap rate. Extensively updated, the home features new furnace and A/C, updated electrical, new plumbing, new siding, new roof, and completely renovated kitchens with new flooring and modern appliances, including dedicated laundry for each unit. All bathrooms have been refreshed, including a fully remodeled basement bathroom. Outside, enjoy a new pool liner and filter, an oversized deck for entertaining, ample parking, and a two-car garage. Ideally positioned near schools, highway access, shopping, and the city's top attractions, this property suits investors seeking a high performing rental or student housing option with minimal effort required. A rare chance to secure a large, modernized property in one of Niagara's strongest rental areas. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features Yes
Community Features School Bus
View Y/N No
Attached Garage No
Total Parking Spaces 6
Garage Yes
Private Pool No
Building
Story 2.5
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by RE/MAX Escarpment Golfi Realty Inc.