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STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108

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CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


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$599,900
Available - For Sale
Listing ID: X13663216
If you are looking to scale your portfolio with a highly efficient, hands-off asset, this prime four-unit building in Niagara Falls is engineered for immediate performance. Perfectly positioned within walking distance to Downtown, local parks, and premier amenities, the property is situated exactly where high-quality tenants want to be. Comprising one spacious two-bedroom and three one-bedroom units, the building offers a versatile and highly rentable mix tailored to the local market.This investment perfectly balances immediate cash flow with an effortless value-add play: three of the units are already fully renovated and tenant-ready, leaving just one remaining unit as a clean slate for you to finish, customize, and set your own premium market rent. Designed for low-touch, highly profitable management, the building is fully split-metered so tenants pay their own gas and hydro directly, shielding your bottom line from utility fluctuations. With a newer roof minimizing near-term capital expenditures and coin-operated laundry in the large lower level providing an effortless secondary income stream, this is a rare, straightforward buy-and-hold opportunity. Secure this high-upside, cash-flowing piece of Niagara's growth before the market reacts.
Price $599,900
Taxes: $4,777
Tax Type: Annual
Occupancy by: Tenant
Address: 4394 ELLIS Street , Niagara Falls, L2E 1H4, Niagara
Postal Code: L2E 1H4
Province/State: Niagara
Legal Description: PT LT 83 PL 283 TOWN OF NIAGARA FALLS AS
Directions/Cross Streets: On the corner of Ellis St and Ontario Ave.
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: 2,693
Total Area Code:  Square Feet
Area Influences: Major Highway  
Maintenance: 0
Heat Type: Baseboard
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
REAL BROKER ONTARIO LTD.

4394 ELLIS Street , Niagara Falls, L2E 1H4, Niagara

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Stan Khurana
Sales Representative
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6473836000
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Type: Com - Investment
Area: Niagara
Municipality: Niagara Falls
Neighbourhood: 210 - Downtown
Style:
Lot Size: x 90.00(Feet)
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Tax: $4,777
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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