4743 RYERSON Crescent, Niagara Falls, Ontario, L2E1E6
MLS: 40819387 | Duplex (Freehold)
$839,000
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: Duplex (Freehold)
- Bedrooms: 0
- Bathrooms: 0
- Living Area: 2,500 sq ft (232.3 m²)
- Above Grade: 2,500 sq ft (232.3 m²)
- Ownership: Freehold
- Attached: Yes
- Parking: 6.0 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®.
Detailed Features
Interior & Systems
- Heating: Forced air
- Cooling: Central air conditioning
- Basement: Finished, Full
Exterior & Construction
- Exterior: Brick
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Frontage: 35 ft (10.7 m)
- Zoning: R2
Community & Neighbourhood
- Community: School Bus
- Subdivision: 210 - Downtown
Listing Information
Listing History
MLS listing activity for 4743 RYERSON Crescent, Niagara Falls, Ontario, L2E1E6 — dates reflect when changes were recorded in the DDF
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Mortgage & Cost Calculators
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Similar Properties ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes
No active comparables found in this area.
4355 SIMCOE STREET, Niagara Falls (Downtown)
Duplex$2,750/mo
Listing Courtesy of EXP REALTY
UPPER - 5654 DESSON AVENUE, Niagara Falls (Clifton Hill)
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UNIT 2 - 4686 ZIMMERMAN AVENUE, Niagara Falls (Downtown)
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Duplex$1,600/mo
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REAR / BACK UNIT - 5145 KITCHENER STREET, Niagara Falls (Clifton Hill)
Duplex$1,400/mo
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4743 RYERSON Crescent, Niagara Falls, Ontario, L2E1E6