4424 Ellis Street
210 - Downtown / Niagara Falls, ON L2E 1H4
About This Property
Whether you're a seasoned investor scouting your next cash-flowing asset or a smart buyer looking to live in one unit while the neighbour helps pay your mortgage, this proeprty is the kind of property that just makes financial sense. Spanning roughly 1,800 sq. ft. of above-grade living space, this full duplex is smart, flexible real estate at its finest. Configured into two light-filled 2-bedroom, 1-bathroom layouts, it pulls in approx. $3,500/month in gross rental income ($1,800/mo + utilities on the lower level, and $1,700/mo + hydro upstairs). Both units feature open-concept living spaces, classic 4-piece baths, and separate electrical meters-giving you a clean operational setup with zero headache. Beyond the numbers, the location does the heavy lifting. Tucked into a central, incredibly walkable pocket of Niagara Falls, your tenants (or you!) are just steps from daily transit routes, local coffee shops, groceries, and neighbourhood dining. You're also only minutes from the world-famous tourist district, Clifton Hill, and the WEGO transit network-making this a magnet for local service-industry professionals who want a fast, effortless commute. Plus, quick access to the QEW and the downtown core means you're perfectly plugged into the region's broader economic growth. Solid income today, endless flexibility tomorrow, and a location tenants actually want to stay in.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13755356
Listed by REAL BROKER ONTARIO LTD.
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.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$2,588
/month · $423,920 mortgage
Amortization
Total Interest
$352,351
Total Cost
$776,271
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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