$699,900

Investment For Sale In Elgin, Niagara Falls, Ontario

$699,900

Property Information:

Turnkey triplex investment opportunity in a prime Niagara Falls location! Situated just steps from Great Wolf Lodge and minutes from the city's world-renowned tourist district, this solid brick multi-residential property offers immediate cash flow with all three units currently occupied. Featuring spacious and well-maintained suites, this income-producing asset has benefited from several key updates, including a high-efficiency furnace, central air conditioning, updated roof shingles, chimney liner, and a hardwired fire alarm system. The property sits on a fully fenced lot and includes a detached double-car garage along with private driveway parking, providing additional convenience and tenant appeal. Located in a strong rental market with proximity to attractions, employment, shopping, schools, and public transit, this is an excellent opportunity for investors seeking stable rental income and long-term appreciation. A rare chance to acquire a fully tenanted, low-maintenance triplex in one of Niagara Falls' most desirable investment corridors. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Triplex
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish:
  • Floor Space: 2100 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 5
  • Bathrooms: 4
  • Amenities Nearby: Park, Playground, Shopping
  • Built in: 1952
  • Community Features: Quiet Area
  • Features: Laundry- Coin operated
  • Floor Space (approx): 2100 Square Feet
  • Irregular: Yes
  • Lot Depth: 100 Feet
  • Lot Frontage: 30 Feet
  • Lot Size: 0.07 Acres
  • Zoning: Residential Mixed (R3-791)
  • Sewer: Municipal sewage system
  • Parking Type: Detached garage, Open
  • No. of Parking Spaces: 4

Courtesy of: HomeLife Power Realty Inc.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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  • Expansive green space featuring a paved pathway, mature evergreen trees, and a visible playground structure -
  • Multi-sport court featuring blue and green surfacing, perimeter fencing, and a basketball hoop -