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Royal LePage
Royal LePage
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$689,900

Niagara Falls ON, L2G 1Y5

MLS® # X12612142

Property Information:

Live Comfortably for Less - While Building Wealth! Why choose between a beautiful home and a smart investment when you can have both? Welcome to this spacious, legal 2.5-storey triplex, offering a rare opportunity to live affordably in a full 4-bedroom home while generating steady rental income from two fully leased units. Whether you're an investor seeking strong cash flow or a homeowner looking for a lifestyle upgrade with mortgage relief, this property checks every box. Unit 1 - Your Future Home or Premium Owner's Suite. This is not your typical landlord unit. Spread across two and a half sun-filled stores, the main home offers: 4 generous bedrooms, 2 full bathrooms, A bright living and dining space with a charming decorative fireplace, Main floor Den or home office. A large kitchen ideal for hosting or family meals. Second-floor laundry for total convenience. Perfect for families, work-from-home professionals, multi-generational living, or anyone seeking comfort paired with financial freedom. Live here for under $1,600/month with rental income covering the rest! Units 2 & 3 - Reliable Income, Vacant Unit 2 - Basement Apartment, a spacious suite with a separate entrance, updated kitchen, 4-piece bath, and two generous bedrooms. Ideal for long-term rental stability. Unit 3 - Back Unit, A bright 1-bedroom apartment featuring its own kitchen and 3-piece bath - perfect for singles, students, or couples. Both units provide immediate, consistent income and make this property cash-flow positive from day one. Garage, Bonus Space & Expansion Potential. The detached 2.5-car garage (20x23 ft) with hydro adds tremendous value - use it for storage, a workshop, or explore: Conversion into a fourth rental unit. Creating a trendy coach house, adding a secondary dwelling on the existing pad. A rare chance to grow your income even further. Easy operation with onsite superintendent couple. (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Amenities: Separate Hydro Meters
  • Basement Type: N/A
  • Exterior Finish: Stucco, Vinyl siding
  • Floor Space: 2000 - 2500 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 7
  • Bathrooms: 4
  • Half Bathrooms: 1
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 181.0 Feet
  • Lot Frontage: 40.0 Feet
  • Lot Size: 40 x 181 FT
  • Utility Type: Cable - Available, Sewer - Installed, Hydro - Installed
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 7

Courtesy of: RE/MAX WEST REALTY INC.

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 6175 BARKER STREET, Niagara Falls, Ontario, L2G 1Y5

Demographic Information of 6175 BARKER STREET, Niagara Falls, Ontario, L2G 1Y5

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$76,151.23

Average Number of Children

1.53

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.05 %

High school certificate or equivalent

35.46 %

Apprenticeship trade certificate/diploma

6.8 %

College/non-university certificate

26.47 %

University certificate (below bachelor)

0.04 %

University Degree

13.18 %

Commuter

Travel To Work

By Car

85.97 %

By Public Transit

4.93 %

By Walking

8.05 %

By Bicycle

1.05 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

29.16 %

Houses

70.84 %

Own Vs. Rent

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