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5237 Victoria Avenue Niagara Falls, Ontario L2E 4E6

5100 sqft

$1,199,000

Calling all savvy real estate investors! This is your golden ticket to a lucrative venture in downtown Niagara Falls. Nestled in the heart of tourist paradise, this income-generating property is a strategic gem boasting an unbeatable location for maximum returns. The building features a vacant commercial unit perfect for a takeout establishment, alongside three meticulously updated residential units. Two of these units, each with one bedroom, one bathroom, a well-equipped kitchen, and a cozy living area, offer significant rental potential. Additionally, a spacious three-bedroom owner-occupied apartment promises an outstanding monthly rental range of $2300-$2700. With the proximity to Clifton Hill, the QEW, Rainbow Bridge, and the allure of Niagara Falls tourism, this is a prime investment opportunity that promises both immediate and long-term gains. Don't miss your chance to capitalize on this incredible real estate prospect! (id:56248)

Property Details

MLS® Number 40553318
Property Type Office
AmenitiesNearBy Hospital, Public Transit, Schools
CommunityFeatures High Traffic Area

Building

BasementType Partial
ExteriorFinish Brick, Stucco
FoundationType Block
StoriesTotal 3
SizeExterior 5100.0000
SizeInterior 5100 Sqft
UtilityWater Municipal Water

Land

AccessType Highway Access
Acreage No
LandAmenities Hospital, Public Transit, Schools
Sewer Municipal Sewage System
SizeDepth 120 Ft
SizeFrontage 40 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription Gc

https://www.realtor.ca/real-estate/26620282/5237-victoria-avenue-niagara-falls

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May 31 2024 04:06:37

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