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4768 Crysler Avenue Niagara Falls, Ontario L2E 3W1
2390 sqft
Forced Air
$799,900
FULLY RENOVATED LEGAL 4-PLEX IN RAPIDLY DEVELOPING NIAGARA FALLS LOCATION! Located just steps from the Niagara River, Niagara Falls University, Clifton Hill, and the GO Station, this fully remodelled multi-family property is an investors dream! With over $67,000 in annual income and a strong 6.75% cap rate, this turn-key opportunity offers both immediate cash flow and long-term appreciation. This LEGAL 4-plex features four fully self-contained, above-grade units - all updated with modern finishes to attract quality tenants. The finished lower level includes a shared laundry area, boosting tenant convenience and income potential. Set on an R5-zoned lot with ample parking and bordering future residential development, this property is surrounded by signs of growth - making it a rare chance to invest in a downtown neighbourhood with future redevelopment potential. BONUS: Seller is covering the first year of property taxes for the new owner, reducing your operating costs from day one. (id:60490)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | X12168345 |
| Property Type | Multi-family |
| Community Name | 210 - Downtown |
| AmenitiesNearBy | Highway, Public Transit |
| ParkingSpaceTotal | 4 |
Building
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 2390 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Highway, Public Transit |
| SizeDepth | 100 Ft |
| SizeFrontage | 50 Ft |
| SizeIrregular | 50 X 100 Ft |
| SizeTotalText | 50 X 100 Ft |
| ZoningDescription | R5f |
https://www.realtor.ca/real-estate/28355975/4768-crysler-avenue-niagara-falls-downtown-210-downtown
Nick Louras
Broker
(905) 359-7884
Broker
(905) 359-7884
ROYAL LEPAGE NRC REALTY
4850 Dorchester Road #b
Niagara Falls, Ontario L2E 6N9
4850 Dorchester Road #b
Niagara Falls, Ontario L2E 6N9
(905) 357-3000
www.nrcrealty.ca/
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May 23 2025 02:28:41
Niagara Association of REALTORS®
Royal LePage NRC Realty
CONTACT ME
1815 Merrittville Hwy
Fonthill, ON 0S 1E6
Office: (905) 892-0222
Mobile: (905) 980-1199
Email: rinat@royallepage.ca
TESTIMONIAL
Highly recommend Rina! Listed and sold in 13 days in Fonthill! She is very dedicated to her profession and her clientele! Many thanks Rina!
Cathy & Rick Hatt
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