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basements
main floors
second floors

7226 Alex Avenue

217 - Arad/Fallsview / Niagara Falls, ON L2G 7K4

NewActiveFor Sale
9 Beds
6 Baths
3,500 Sq Ft
Multi-Family

About This Property

Rare opportunity to own a purpose-built triplex featuring three spacious townhome-style units on one property. Each unit offers 3 bedrooms, 1.5 bathrooms, and a finished basement, providing comfortable and functional living space with excellent tenant appeal. This income-producing property features separately metered hydro, gas, and water for each unit, offering convenience and simplified utility management. The property also includes 4 parking spaces. Currently, two units are tenanted, generating immediate rental income, while one vacant unit provides the flexibility to set market rent or move in yourself. Ideally located just minutes from major highway, The Falls, grocery stores, shopping, restaurants, and other everyday amenities, this property combines convenience with exceptional investment potential. Whether you're looking to expand your investment portfolio or purchase a property with exceptional income potential, this well-maintained triplex offers strong cash flow, flexibility, and long-term value. Some of the property photos has virtual staging.

Property Details

StatusActive
Property TypeMulti-Family
Listing TypeFor Sale
Interior Size3,500 sq ft
Bedrooms9
Bathrooms6
ListedJuly 20, 2026
Postal CodeL2G 7K4

Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13582700

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.

$1,299,000

asking price

MLS®X13582700
TypeMulti-Family
CityNiagara Falls
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$6,343

/month · $1,039,200 mortgage

Down Payment20% — $259,800
Interest Rate5.5%

Amortization

Total Interest

$863,756

Total Cost

$1,902,956

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

Full Mortgage Calculator →

Listed By

EXP REALTY