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$ 799,000
Est. payment | /mo
5 Beds
4 Baths
$ 799,000
Est. payment | /mo
5 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision 451 - Downtown
MLS Listing ID X12692538
Style 2-Storey
Bedrooms 5
Annual Tax Amount $10,934
Tax Year 2025
Property Sub-Type Multiplex
Property Description
Fully VACANT fourplex comprising three 1-bedroom units and one 2-bedroom unit, with potential to add a fifth unit. Conservative projected annual gross rents are approximately $75,000 as a fourplex. A building permit has been obtained and renovations are approximately 90% complete, leaving the property ready for final finishing touches. Completed work includes windows (2024), electrical service upgrade (2026), upgraded air duct system (2025), flooring (2024), kitchens (2023), bathrooms (2024), and a Phase 1 Environmental report (2023).
Location
Province ON
County Niagara
Area Niagara
Rooms
Family Room Yes
Basement Apartment, Separate Entrance
Kitchen 4
Interior
Interior Features None
Heating Yes
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Available
Pool None
Waterfront Description None
Roof Type Membrane
Lot Frontage 22.0
Lot Depth 66.0
Total Parking Spaces 1
Building
Unit Features Hospital,Library,Public Transit,Rec./Commun.Centre
Foundation Concrete
Others
ParcelsYN No
Listed by MYSAK REALTY INC.
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