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Ontario
Niagara Falls (Downtown)
4663 HURON STREET

$3,200,000

4663 HURON STREET, Niagara Falls (Downtown), Ontario, L2E 2H7

MLS® # X13461400

Niagara Falls (Downtown) ON, L2E 2H7

MLS® # X13461400

Property Information:

15 Two-Bedroom Units with Parking & Immediate Lease-Up Potential. A rare opportunity to acquire a 15-unit apartment building with on-site parking in the downtown core of Niagara Falls.All units are two-bedroom layouts, giving investors a strong and desirable rental mix. The building currently includes six vacant units, all turnkey and ready to be leased immediately. This creates a valuable opportunity for a purchaser to select new tenants, establish current market rents, and strengthen the rent roll shortly after closing.Located close to restaurants, coffee shops, entertainment, shopping, transit, and everyday amenities, the property is well positioned for tenants seeking convenient urban living in the heart of the city.The location may also offer potential for alternative rental strategies, including short-term rental use, subject to municipal approvals, licensing requirements, zoning confirmation, and buyer due diligence.A compelling value-add opportunity with 15 two-bedroom units, parking, turnkey vacancy upside, downtown exposure, and long-term potential. (id:27)

Building Features:

Style: Multiplex
Building Type: Multi-Family
Floor Space: 9750 sqft
Heating Type:
Cooling Type: None

Property Features:

Property Type: Multi-family
Floor Space (approx): 9750 Square Feet
Irregular: Yes
Lot Depth: 100 Feet
Lot Frontage: 112 Feet
Lot Size: Bldg=112 x 100 FT
Zoning: CB

Courtesy of: EXP REALTY

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⚠ Potential Investment Performance

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Market Price Trends

Location of 4663 HURON STREET, Niagara Falls (Downtown), Ontario, L2E 2H7

Lifestyle
Neighbourhood

Demographic Information of 4663 HURON STREET, Niagara Falls (Downtown), Ontario, L2E 2H7

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$68,280.12

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

27.1 %

High school certificate or equivalent

34.72 %

Apprenticeship trade certificate/diploma

8.12 %

College/non-university certificate

21.53 %

University Degree

8.53 %

Commuter

Travel To Work

By Car

87.1 %

By Public Transit

1.38 %

By Walking

0.0 %

By Bicycle

1.64 %

By Other Methods

9.88 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

36.93 %

Houses

63.07 %

Own Vs. Rent