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5237 Victoria Avenue Niagara Falls, Ontario L2E 4E6

5100 sq. ft

$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:38042)

Property Details

MLS® Number 40553318
Property Type Office
Amenities Near By Hospital, Public Transit, Schools
Community Features High Traffic Area

Building

Basement Type Partial
Exterior Finish Brick, Stucco
Foundation Type Block
Stories Total 3
Size Exterior 5100.0000
Size Interior 5100
Utility Water Municipal Water

Land

Access Type Highway Access
Acreage No
Land Amenities Hospital, Public Transit, Schools
Sewer Municipal Sewage System
Size Depth 120 Ft
Size Frontage 40 Ft
Size Total Text Under 1/2 Acre
Zoning Description Gc

Interested?

Contact me for more information or to see it in person