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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  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

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