4743 Ryerson Crescent, Niagara Falls, ON L2E 1E6 (Victoria Ave)

Price : $849,000.00 , MLS®# : X12761942

Description

Attention investors and large families! This fully renovated 2.5 storey income property is located on a spacious corner lot just a short walk from Niagara Falls, Clifton Hill, and the vibrant tourist corridor, offering exceptional rental demand and strong cash flow. With 9 total bedrooms, 2 bathrooms, two full kitchens, and several additional versatile rooms, this property is an outstanding turnkey opportunity with a proven income stream. One unit is currently rented for $3000 monthly, while the second was previously rented for $2950 plus parking, offering potential for over a 6 percent cap rate. Extensively updated, the home features new furnace and A/C, updated electrical, new plumbing, new siding, new roof, and completely renovated kitchens with new flooring and modern appliances, including dedicated laundry for each unit. All bathrooms have been refreshed, including a fully remodeled basement bathroom. Outside, enjoy a new pool liner and filter, an oversized deck for entertaining, ample parking, and a two-car garage. Ideally positioned near schools, highway access, shopping, and the city's top attractions, this property suits investors seeking a high performing rental or student housing option with minimal effort required. A rare chance to secure a large, modernized property in one of Niagara's strongest rental areas.

Location Description

Victoria Ave

Property Details
  • Community: 210 - Downtown
  • Property Type: Tenant/Residential Freehold
  • Bedrooms: 9
  • Bath: 3
  • Garages: Detached
  • Annual Property Taxes : $ 3510.6
Building Features
  • Foundation Type: Concrete Block
  • Counstruction Material : Brick-Vinyl Siding
  • Total Parking Space : 6
  • Parking Type : Detached
Building Features
  • Heating : Forced AirGas
  • Sewer : Sewer ,
Land (Lot Features)
  • Frontage: 35 sq.ft
  • Land Depth: 100sq.ft

Listing Contracted With: RE/MAX ESCARPMENT GOLFI REALTY INC.