ON > Niagara Falls > 211 - Cherrywood
Niagara Falls, ON L2E 4G5,4687 First AVE
Niagara Falls, ON L2E 4G5,4687 First AVE
Niagara Falls, ON L2E 4G5,4687 First AVE
Niagara Falls, ON L2E 4G5,4687 First AVE
Niagara Falls, ON L2E 4G5,4687 First AVE
Niagara Falls, ON L2E 4G5,4687 First AVE
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Fawad Nissari

Fawad Nissari

eXp Realty

+1(416) 878-1085
$ 1,499,000
Est. payment | /mo

5,718 SqFt

Save
$ 1,499,000
Est. payment | /mo
Save

5,718 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 5,718 sqft

Price per Sqft $262

Subdivision 211 - Cherrywood

MLS Listing ID X12146097

Annual Tax Amount $18,581

Tax Year 2025

Property Sub-Type Investment

Property Description

Solid 8 unit brick apartment building in downtown Niagara Falls. Fully rented. 5% cap rate, with potential to increase. Close to downtown tourist district, bus stop, train station, library, City Hall, park, schools, and shopping area. Over $150k spent on renovation in 2024, including new windows, roof, entrance doors, staircases; and new kitchens, washrooms, floorings in some units. Tenants pay own hydro, 9 separate meters. 8 reserved parking spots are located at 4659 First Ave, Niagara Falls.

Location

Province ON

County Niagara

Community 211 - Cherrywood

Area Niagara

Zoning R2

Interior

Cooling No

Exterior

Community Features Public Transit, Recreation/Community Centre

Utilities Available Available

Lot Frontage 60.0

Lot Depth 100.0

Listed by ELONG REALTY BROKERAGE, INC.
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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4687 First AVE

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