Niagara Falls, ON L2E 6A8
Excellent investment opportunity in a well-located multi-residential property along Portage Rd in Niagara Falls. This income-producing asset features six residential units with stable tenancies and strong rental demand in a convenient and accessible area.The property generates an annual gross income of approximately $86,000, offering solid cash flow with further upside potential.Ideally located near major routes including the QEW and Highway 420, the property provides easy access to amenities, public transit, schools, and shopping. The surrounding area continues to experience steady rental demand, making this an excellent addition to any investment portfolio.With in-place income and potential for future rent growth, this property offers both stability and long-term appreciation in the growing Niagara Falls market.
TRREB MLS® Attribution
MLS® X12941620
Listed by RE/MAX NIAGARA REALTY 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.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$6,153
/month · $1,008,000 mortgage
Amortization
Total Interest
$837,824
Total Cost
$1,845,824
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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RE/MAX NIAGARA REALTY LTD, BROKERAGE