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$650,000

3536 BOND STREET, Niagara Falls (Chippawa), Ontario, L2G 6H8

MLS® # X12545386

Niagara Falls (Chippawa) ON, L2G 6H8

MLS® # X12545386

Property Information:

Discover your new home in Chippawa-an ideal investment opportunity awaits! Nestled in a charming community, this beautifully renovated duplex is just a short stroll from the serene river and a quick 5-minute drive to the breathtaking Niagara Falls. This property is perfect for both first-time buyers and savvy investors, offering the chance to live in one unit while generating rental income from the other, effectively supplementing your mortgage. If you are an investor, the tenants are both amazing, would love to stay and can show a 5.5% cap rate. The main floor unit boasts 2 large bedrooms, a 4-piece bath, a spacious kitchen, and a bright living room with a sunroom filled with natural light. The upper-level unit features 3 bedrooms, a separate entrance, a 4-piece bath, and a living room that seamlessly transitions into the kitchen and dining area, complete with a walkout balcony perfect for sipping your morning coffee. Enjoy a beautiful partially fenced lot with a detached double car garage and driveway space for at least 6 vehicles. Shared laundry in the basement is accessible to both units, along with two separate storage areas that can be included in leases if desired. The home underwent extensive renovations in 2012/2013, including new flooring, kitchens, baths, wiring, plumbing, windows, a boiler, hot water tank, and roof-ensuring peace of mind for years to come. Both tenants are eager to stay and have proven to be exceptional to work with, currently on monthly tenancies. Don't miss this rare opportunity to own a property that offers both comfort and income potential in an exceptional location. Contact us today to schedule your viewing! (id:27)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Amenities: Separate Hydro Meters
  • Basement Development: Unfinished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 2000 - 2500 sqft
  • Foundation Type: Block
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Dryer, Two stoves, Washer

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5
  • Bathrooms: 2
  • Amenities Nearby: Park, Public Transit, Schools
  • Community Features: School Bus
  • Features: Carpet Free
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 135 Feet
  • Lot Frontage: 60 Feet
  • Lot Size: 60 x 135 FT
  • Structure Type: Deck, Porch
  • Zoning: R1C
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 8

Rooms:

  • Living 2nd Level 3.00 m x 33.30 m
  • Bathroom 2nd Level 1.80 m x 1.80 m
  • 3rd Bedroom 2nd Level 2.80 m x 3.00 m
  • 4th Bedroom 2nd Level 3.90 m x 3.60 m
  • 5th Bedroom 2nd Level 3.60 m x 3.00 m
  • Foyer 2nd Level 2.40 m x 2.40 m
  • Kitchen 2nd Level 3.90 m x 4.50 m
  • Mudroom Main Level 2.10 m x 3.60 m
  • Living Main Level 5.40 m x 3.90 m
  • Sun Room Main Level 2.40 m x 3.60 m
  • Bedroom Main Level 2.70 m x 3.30 m
  • Dining Main Level 2.70 m x 1.50 m
  • Kitchen Main Level 2.90 m x 3.30 m
  • Bathroom Main Level 2.00 m x 1.60 m
  • 2nd Bedroom Main Level 3.00 m x 3.90 m

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Courtesy of: RE/MAX NIAGARA REALTY LTD, BROKERAGE

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 3536 BOND STREET, Niagara Falls (Chippawa), Ontario, L2G 6H8

Demographic Information of 3536 BOND STREET, Niagara Falls (Chippawa), Ontario, L2G 6H8

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$87,250.06

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.93 %

High school certificate or equivalent

36.47 %

Apprenticeship trade certificate/diploma

8.61 %

College/non-university certificate

21.76 %

University Degree

12.23 %

Commuter

Travel To Work

By Car

82.02 %

By Public Transit

0.25 %

By Walking

9.9 %

By Bicycle

0.0 %

By Other Methods

7.83 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

19.89 %

Houses

80.11 %

Own Vs. Rent