Property Information:

INVESTORS, look no further! An exceptional multi-residential investment in one of Niagara Falls' most vibrant corridors, offering stable net operating income with strong long-term development potential. Only 5 MINUTES to downtown Clifton Hill, casinos, restaurants, public transit, and more! This Niagara Falls treasure features six spacious two-bedroom units boasting over per unit, with private front and rear entrances, bright sunrooms, and a consistent, functional layout throughout. An additional one-bedroom in-law suite on the lower level enhances flexibility and revenue opportunities. Each principal unit is separately metered for hydro with on-site coin laundry, outdoor parking lot, and more. Ideally located just a five-minute walk to Downtown Clifton Hill and moments from the Niagara Falls tourism district and Casino Niagara, the property benefits from exceptional walkability. Its proximity to the International U.S. Canada Border, highway access, the scenic Niagara Parkway, world-class dining, shopping, and attractions make this building a strategic acquisition in a premier growth setting. TONS of potential for investors who have the vision. (id:27)

Building Features:

Style: Multiplex
Building Type: Multi-Family
Air Conditioning: Yes
Floor Space: 5400 sqft
Heating Type:
Cooling Type: Partially air conditioned

Property Features:

Property Type: Multi-family
Farm Type: Other
Floor Space (approx): 5400 Square Feet
Irregular: Yes
Lot Depth: 130 Feet
Lot Frontage: 50 Feet
Lot Size: 50 x 130 FT
Zoning: R2
Sewer: Sanitary sewer
No. of Parking Spaces: 6

Courtesy of: RE/MAX NOBLECORP REAL ESTATE

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Demographic Information of 4450 PHILLIP STREET S, Niagara Falls, Ontario, L2E 1A6

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$78,186.50

Average Number of Children

1.51

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.83 %

High school certificate or equivalent

26.43 %

Apprenticeship trade certificate/diploma

5.95 %

College/non-university certificate

19.19 %

University certificate (below bachelor)

0.59 %

University Degree

27.01 %

Commuter

Travel To Work

By Car

81.39 %

By Public Transit

6.93 %

By Walking

2.1 %

By Bicycle

0.0 %

By Other Methods

9.58 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

20.72 %

Houses

79.28 %

4450 PHILLIP STREET S, Niagara Falls, Ontario, L2E 1A6