4743 RYERSON Crescent, Niagara Falls, Ontario, L2E1E6

Property Description

Attention investors and large families! This fully renovated 2.5 storey income property is located on a spacious corner lot just a short walk from Niagara Falls, Clifton Hill, and the vibrant tourist corridor, offering exceptional rental demand and strong cash flow. With 9 total bedrooms, 2 bathrooms, two full kitchens, and several additional versatile rooms, this property is an outstanding turnkey opportunity with a proven income stream. One unit is currently rented for $3000 monthly, while the second was previously rented for $2950 plus parking, offering potential for over a 6 percent cap rate. Extensively updated, the home features new furnace and A/C, updated electrical, new plumbing, new siding, new roof, and completely renovated kitchens with new flooring and modern appliances, including dedicated laundry for each unit. All bathrooms have been refreshed, including a fully remodeled basement bathroom. Outside, enjoy a new pool liner and filter, an oversized deck for entertaining, ample parking, and a two-car garage. Ideally positioned near schools, highway access, shopping, and the city’s top attractions, this property suits investors seeking a high performing rental or student housing option with minimal effort required. A rare chance to secure a large, modernized property in one of Niagara’s strongest rental areas. (id:64974)

Quick Facts

• Property Type: House (Freehold)
• Bedrooms: 9 (7 above, 2 below)
• Bathrooms: 3
• Living Area: 2,500 sq ft (232.3 m²)
• Above Grade: 2,500 sq ft (232.3 m²)
• Ownership: Freehold
• Attached: No
• Parking: 6 spaces (Detached Garage)
• Frontage: 35 ft (10.7 m)

Costs

• Annual Taxes: $3,510.60

Listing Provided by: RE/MAX Escarpment Golfi Realty Inc.
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.