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4020 Main Street

223 - Chippawa / Niagara Falls, ON L2G 6B8

ActiveFor Sale
4 Beds
3 Baths
2,500 Sq Ft
Multi-Family

About This Property

Welcome to an incredible multi-residential opportunity in the heart of Chippawa! This versatile property is ideal for investors or multi-generational living, currently set up with two units and offering exciting potential to convert into a triplex. The main floor features a 1-bedroom unit plus additional space that was previously used as a storefront-perfect for conversion into a second main-floor residential unit, creating a third income stream with ease. Upstairs, you'll find a spacious and well-maintained 3-bedroom unit, offering comfortable living space with great natural light. At the rear, enjoy a 30 ft x 25 ft heated garage/workshop, complete with: Radiant gas tube heater, 60 AMP service, 12 ft ceilings, Two overhead doors (9 ft x 9 ft and 9 ft) and an attached 14.6 ft x 25 ft storage room at the back. Set on a large lot along a main artery, this property offers both convenience and future upside. Located just steps from the Welland River ("the Crick"), a nearby boat launch, and the charming downtown square, tenants will love the walkable lifestyle. Live in one unit and rent the others, or maximize your investment with a triplex conversion-opportunities like this don't come often!

Property Details

StatusActive
Property TypeMulti-Family
Listing TypeFor Sale
Interior Size2,500 sq ft
Bedrooms4
Bathrooms3
Postal CodeL2G 6B8
Last UpdatedAug 9, 2026 · 5:23 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X12932848

Listed by REALTY EXECUTIVES PLUS LTD, BROKERAGE

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$699,900

asking price

MLS®X12932848
TypeMulti-Family
CityNiagara Falls
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$3,418

/month · $559,920 mortgage

Down Payment20% — $139,980
Interest Rate5.5%

Amortization

Total Interest

$465,391

Total Cost

$1,025,311

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

REALTY EXECUTIVES PLUS LTD, BROKERAGE