5856-5860 FERRY Street
216 - Dorchester / Niagara Falls, ON L2G 1S9
About This Property
Exceptional Mixed-Use Investment Opportunity Located At 5856-5860 Ferry Street In The Heart Of Niagara FallsJust Minutes From Clifton Hill And The City's Major Tourist Attractions. This Versatile Property Features Two Commercial Retail Units On The Main Floor And Two Residential Apartments Above Creating A Balanced Income Producing Investment Property In A High Exposure Location. One Commercial Unit Operated As A Barber Shop While The Second Unit Is Occupied By A Wig Shop Tenant. The Upper Level Includes A Two Bedroom One Bathroom Apartment And A Separate One Bedroom One Bathroom Apartment Offering Additional Residential Rental Income. Located Along Ferry Street One Of The Primary Routes Leading Toward Niagara Falls' Tourism District The Property Benefits From Consistent Local And Visitor Traffic And Is Surrounded By Hotels Restaurants Entertainment Attractions And Residential Neighbourhoods. General Commercial Zoning Allows A Wide Range Of Retail Service, HospitalityAnd Tourism Related Uses And Also Offers Long-Term Redevelopment Potential With Building Heights Permitted Up To Approximately Ten Storeys Subject To Municipal Approvals. Property May Also Be Purchased Together With The Adjacent Building At 5848-5850 Ferry Street Creating A Rare Opportunity To Acquire Two Side-By-Side Mixed-Use Investment Properties In One Of Niagara Falls' Most Active Tourism Corridors.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X12860076
Listed by EXP REALTY
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
$6,587
/month · $1,079,110 mortgage
Amortization
Total Interest
$896,929
Total Cost
$1,976,039
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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