
Niagara Falls, ON L2G 6E5
Discover this rare opportunity just steps from the Niagara River Parkway and public boat launch, only minutes to the Falls, shopping, the new hospital, and US border crossings. Semi-detached home sits on an oversized 66 ft x 132 ft lot and is currently set up as two separate rental units with long-term tenants in place. Main Floor Unit: 1 bedroom, living room, kitchen, and 3-pc bath. Lower Level Unit: 1 bedroom + office, spacious kitchen, bright living room with walkout patio doors, and 4-pc bath. Investor Perks: Separate hydro meters (tenants pay their own utilities, owner pays water)Tenants would like to stay if not (minimum 60 days notice required for closing) Endless Possibilities with R2 Zoning: Continue as an income property, convert back into a single-family home, renovate and expand or build new (with city approval) Enjoy the best of both worlds, investment income today with future development potential tomorrow, all in the peaceful and desirable community of Chippawa. Don't miss this versatile property in one of Niagara's most convenient and scenic locations!
TRREB MLS® Attribution
MLS® X12401254
Listed by ROYAL LEPAGE NRC REALTY
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Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$1,948
/month · $319,200 mortgage
Amortization
Total Interest
$265,311
Total Cost
$584,511
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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ROYAL LEPAGE NRC REALTY