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Royal LePage
Royal LePage
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$1,699,000

Niagara Falls (Chippawa) ON, L2G 8G3

MLS® # X12613138

Property Information:

Rare investment opportunity situated directly across from the Chippawa Creek, this 9-unit building boasts incredible waterfront proximity withadded potential to lease the land across the street for a dock or other value-enhancing features. With Tourist Commercial (TC) zoning, the property supports a wide range of uses including long-term rentals, short-term Airbnb stays, or a hybrid model, making it ideal for savvy investors.The building includes seven 1-bedroom units with scenic water views, two 2-bedroom units at the rear, all sharing a common laundry and storage area. Seven units and common areas have already been demo'd, cleaned with updated emergency lighting, a new backflow prevention valve, and front cleanouts installed. A two-year-old roof adds peace of mind. Remaining workincludes general interior finishes and final touches, with the building nearing the final stages of revitalization. Whether you're looking to reposition the property as a premium rental offering or capitalize on the area's strong short-term rental demand, this location offers exceptional flexibility, waterfront charm, and long-term upside. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Floor Space: 7664 sqft
  • Heating Type: Hot water radiator heat
  • Heating Fuel: Natural gas
  • Cooling Type: Partially air conditioned

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 3
  • Amenities Nearby: Public Transit
  • Floor Space (approx): 7664 Square Feet
  • Irregular: Yes
  • Lot Depth: 149.9 Feet
  • Lot Frontage: 60.0 Feet
  • Lot Size: 60 x 149.92 FT
  • Zoning: TC

Courtesy of: REVEL Realty Inc., Brokerage

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 3865 FRONT STREET, Niagara Falls (Chippawa), Ontario, L2G 8G3

Demographic Information of 3865 FRONT STREET, Niagara Falls (Chippawa), Ontario, L2G 8G3

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$87,250.06

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.93 %

High school certificate or equivalent

36.47 %

Apprenticeship trade certificate/diploma

8.61 %

College/non-university certificate

21.76 %

University Degree

12.23 %

Commuter

Travel To Work

By Car

82.02 %

By Public Transit

0.25 %

By Walking

9.9 %

By Bicycle

0.0 %

By Other Methods

7.83 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

19.89 %

Houses

80.11 %

Own Vs. Rent

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