4553 Ferguson Street Niagara Falls (Downtown), Ontario L2E 2Y7
$899,500
This well-maintained four-unit multi-family building in the heart of Niagara Falls offers a turnkey investment with strong in-place income. Fully tenanted at or near market rents, the property generates immediate cash flow with a 5.3% cap rate at the asking price. Each unit is separately metered for hydro, with tenants responsible for their own utilities, minimizing operating costs. Recent upgrades include a new boiler heating system installed two years ago and a flat roof just over ten years old, both contributing to reduced near-term capital expenditures. The owner has kept the building in good condition, refreshing units upon turnover to maintain quality and tenant appeal. Situated in a quiet neighbourhood, this asset combines low-maintenance operations with long-term value retention, making it an ideal opportunity for both seasoned investors and those entering the market. (id:41954)
Property Details
| MLS® Number | X12341036 |
| Property Type | Multi-family |
| Community Name | 210 - Downtown |
| Parking Space Total | 4 |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 8 |
| Bedrooms Total | 8 |
| Appliances | Stove, Refrigerator |
| Basement Development | Unfinished |
| Basement Features | Separate Entrance |
| Basement Type | N/a (unfinished) |
| Exterior Finish | Stucco |
| Fireplace Present | Yes |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Size Interior | 2500 - 3000 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Detached Garage | |
| Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 108 Ft ,7 In |
| Size Frontage | 40 Ft |
| Size Irregular | 40 X 108.6 Ft |
| Size Total Text | 40 X 108.6 Ft |
| Zoning Description | R2 |
https://www.realtor.ca/real-estate/28726456/4553-ferguson-street-niagara-falls-downtown-210-downtown
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August 13 2025 03:47:00
Toronto Real Estate Board
Exp Realty