Property Information:

Prime Niagara Falls investment and redevelopment opportunity! Located just steps from the Niagara River and Great Wolf Lodge, this updated two storey home offers exceptional flexibility for investors and developers alike. Featuring approximately 1,455 sq. ft. of living space, 3 bedrooms, 2 bathrooms, a partially finished basement, and private driveway parking, the property is currently tenanted, providing immediate rental income for investors. Its desirable location near Niagara's tourism district, casinos, downtown core, Rainbow Bridge, public transit, and major transportation routes makes it an attractive long-term investment in a growing area. Beyond its current income potential, this property also presents a unique long term opportunity. The neighboring property at 4208 Terrace Avenue is available for purchase separately, creating the possibility of a larger land assembly for future redevelopment. Buyers looking to secure a strategic position in one of Niagara Falls' most dynamic growth areas will appreciate the added flexibility and future upside. Whether you're seeking a turnkey investment with an established tenant, a strategic land holding, or a site with future development possibilities, 4115 May Avenue offers exceptional value in a highly desirable location. Buyers are encouraged to conduct their own research regarding zoning, permitted uses, and future development opportunities. (id:27)

Building Features:

Style: Detached
Building Type: House
Basement Development: Partially finished
Basement Type: Partial
Construction Style - Attachment: Detached
Exterior Finish: Brick, Vinyl siding
Fire Protection: Smoke Detectors
Floor Space: 1450 sqft
Foundation Type: Poured Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning
Appliances: Dishwasher, Dryer, Refrigerator, Stove, Water softener, Washer, Microwave Built-in, Window Coverings

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 3
Bathrooms: 2
Access Type: Highway access
Amenities Nearby: Playground, Schools, Shopping
Built in: 1895
Community Features: Quiet Area, Community Centre
Floor Space (approx): 1450 Square Feet
Lot Depth: 50 Feet
Lot Frontage: 50 Feet
Zoning: R2 (RESIDENTIAL)
Sewer: Municipal sewage system
Parking Type: Detached garage
No. of Parking Spaces: 2

Rooms:

Bathroom 2nd Level 5'8'' x 8'5''
Bedroom 2nd Level 9'3'' x 8'4''
Bedroom 2nd Level 9'1'' x 12'7''
Bedroom 2nd Level 12'2'' x 9'6''
Bathroom Basement Level 9'3'' x 8'4''
Living Main Level 12'9'' x 18'4''
Dining Main Level 10'8'' x 11'8''
Kitchen Main Level 16'6'' x 12'4''

Courtesy of: HomeLife Power Realty Inc.

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Demographic Information of 4115 MAY Avenue W, Niagara Falls, Ontario, L2E 3H6

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$75,395.18

Average Number of Children

1.77

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.43 %

High school certificate or equivalent

41.08 %

Apprenticeship trade certificate/diploma

5.7 %

College/non-university certificate

24.6 %

University Degree

14.19 %

Commuter

Travel To Work

By Car

92.69 %

By Public Transit

0.84 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

6.47 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

34.22 %

Houses

65.78 %

4115 MAY Avenue W, Niagara Falls, Ontario, L2E 3H6