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$1,299,000

Niagara Falls ON, L2E 1T7

MLS® # 40768874

Property Information:

Turn-key investment opportunity in the heart of Niagara Falls! This rare, fully tenanted duplex offers three spacious 3-bedrooms on each level, over 1,000 sq. ft. with 1.5 baths, in-suite laundry, private entrances, separate hydro meters, individual hot water tanks, and A/C units. The separated entrance basement is the similar as the main floor. A fully roughed-in detached 4th opportunity adds potential for additional income through long-term rentals, student housing, or Airbnb. Recent updates include all new appliances, kitchen flooring on the main and second levels, basement A/C, all hot water tanks replaced within the past two years, and a scheduled furnace replacement on the second floor. Located just steps from Niagara Falls, Clifton Hill, Casino Niagara, restaurants, public transit, and minutes to the GO Station, U.S. border, and major highways ,this is a rare opportunity to own a solid income-generating property in one of Canadas top tourist destinations.

Inclusions: Smoke Detector,Three Refrigerators, Three Stoves, Three Dishwashers, Three Sets Washers And Dryers.

Exclusions : Tenants' Belongs

Building Features:

  • Floor Space: 2598 Square Feet

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: Full, Finished
  • Construction Materials: Brick
  • Cooling: Central Air
  • Driveway Parking: Front Yard Parking, Private Drive Triple+ Wide
  • Floor Space (approx): 2598 Square Feet
  • Heating: Forced Air
  • Interior Features: Accessory Apartment, Separate Heating Controls, Separate Hydro Meters
  • Laundry Features: In-Suite
  • Lot Features: Business Centre, City Lot, Near Golf Course, Hospital, Library, Park, Public Transit
  • Lot Frontage: 50.00 Feet
  • Parking Features: Detached Garage
  • Roof: Asphalt Shing
  • Security Features: Smoke Detector
  • Water Source: Municipal
  • Zoning: R2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 8

Courtesy of: Right at Home Realty

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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 4405 Simcoe Street, Niagara Falls, ON, L2E 1T7

Demographic Information of 4405 Simcoe Street, Niagara Falls, ON, L2E 1T7

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$78,181.13

Average Number of Children

1.56

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.48 %

High school certificate or equivalent

32.25 %

Apprenticeship trade certificate/diploma

4.42 %

College/non-university certificate

19.7 %

University Degree

21.15 %

Commuter

Travel To Work

By Car

84.72 %

By Public Transit

3.88 %

By Walking

5.17 %

By Bicycle

0.0 %

By Other Methods

6.23 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

28.94 %

Houses

71.06 %

Own Vs. Rent