4424 SIMCOE STREET new

Niagara Falls (downtown),ON L2E1T8

$ 2250000

- Bed

- Bath

0 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision 210 - Downtown

MLS Listing ID X12196060

Lot Size 0.430 Acres

Acres 0.43

Source Toronto Regional Real Estate Board

Property Description

Unlock long-term value and reliable returns with this professionally improved 9-unit multifamily building located at a prominent corner in the heart of Niagara Falls. Featuring spacious, fully serviced two-bedroom units, this asset blends tenant appeal with operational efficiency.Recent enhance ments including updated interiors, refreshed common areas, and strong infrastructure ensure minimal capital expenditure for years to come. With 15 surface parking stalls, well-managed tenancy, and a projected NOI of $137,465, this building offers immediate income with significant upside potential through market rent growth.Positioned near key amenities and Niagara's renowned attractions, this location provides convenience and demand stability for both short- and long-term tenants. Whether you're expanding your portfolio or seeking a premium asset with growth trajectory, 4424 Simcoe Street is a standout opportunity. Highlights:9 large 2-bedroom units. Recent capital improvements NOI: $137,465Ample on-site parking (15 spaces). Prime corner location with future upside. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters

Exterior

Parking Features No

View Y/N No

Private Pool No

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