4394 Morrison Street, Niagara Falls, ON, L2E 2B3

MLS® # 40591508

Investment For Sale In Elgin, Niagara Falls, Ontario

$499,000

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4394 Morrison Street, Niagara Falls, ON - Outdoor

4394 Morrison Street, Niagara Falls, ON - Outdoor With Facade

4394 Morrison Street, Niagara Falls, ON - Outdoor With View

4394 Morrison Street, Niagara Falls, ON - Indoor Photo Showing Living Room

4394 Morrison Street, Niagara Falls, ON - Indoor Photo Showing Bedroom

4394 Morrison Street, Niagara Falls, ON - Indoor Photo Showing Bathroom

4394 Morrison Street, Niagara Falls, ON - Indoor Photo Showing Kitchen

4394 Morrison Street, Niagara Falls, ON - Indoor

4394 Morrison Street, Niagara Falls, ON - Indoor Photo Showing Laundry Room

4394 Morrison Street, Niagara Falls, ON - Indoor Photo Showing Other Room

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4394 Morrison Street, Niagara Falls, ON, L2E 2B3

$499,000

Property Information:

Great Opportunity in Niagara Falls: Ideal for First-Time Home Buyers, Investors, or Multi-Generational Families!Discover your new home in the heart of Niagara Falls! This beautifully updated duplex offers an incredible chance for first-time home buyers who need additional income to qualify, savvy investors looking for a high-return property, or multi-generational families seeking a versatile living space.Prime Location:Centrally located in the City of Niagara Falls3 blocks from Niagara UniversityShort walk to GO train and WEGO transitClose to the scenic Niagara RiverMinutes away from City HallNear the bustling Queen Street Business CenterProperty Features:Main Floor Unit: 2 bedrooms, 1 bathroom, living room, and kitchen. Currently occupied by the owner.Basement Unit: 1 bedroom, 1 bathroom, large living room, and laundry room. Currently occupied by the owner's son.Upper Unit (Legal Duplex): 2 bedrooms, 1 bathroom, kitchen with dining area, living room, and laundry room. Currently occupied by tenants.Potential to Become a Triplex: Has three separate entrances, making it easy to convert.Significant rental income potential!3 parking spots on the side plus additional street parking available.Recently updated and well-maintained.This versatile property offers the perfect blend of home and income potential. Whether you're looking to offset your mortgage with rental income, invest in a profitable property, or accommodate a large family, this duplex is a must-see!Don't miss out on this fantastic opportunity! Contact us today to schedule a viewing.

Inclusions: Built-in Microwave

Exclusions : Tenants Belongs

Building Features:

Floor Space: 2000 Square Feet

Property Features:

Bedrooms: 5
Acres Range: < 0.5
Basement: Separate Entrance, Full, Finished
Construction Materials: Aluminum Siding
Cooling: Other
Driveway Parking: Private Drive Double Wide
Exterior Features: Separate Hydro Meters
Floor Space (approx): 2000 Square Feet
Heating: Forced Air, Natural Gas
Interior Features: Separate Hydro Meters
Laundry Features: In-Suite
Lot Depth: 73 Feet
Lot Features: Irregular Lot, Public Transit, Other
Lot Frontage: 31.40 Feet
Parking Features: Asphalt
Roof: Asphalt Shing
Water Source: Municipal
Zoning: R2
Sewer: Sewer (Municipal)
No. of Parking Spaces: 3

Courtesy of: RE/MAX DYNAMICS REALTY

Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

Location of 4394 Morrison Street, Niagara Falls, ON, L2E 2B3

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

36 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

36 hot days expected in 2050

58/100

High

ClimateCheck®

Current data

This property, 4394 Morrison Street , experiences 7 hot days per year at around 31 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 36 hot days at 34.7 degrees Celsius.

Projected Avg. Temperature

Past

31℃

2050

34.7℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

61/100

ClimateCheck®

Current data

This property, 4394 Morrison Street , experiences 11 significant 2-day storms per year, with about 317.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 390.9mm of precipitation per year.

Precipitation Per Storm

Past

317.5mm

2050

390.9mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 4394 Morrison Street, Niagara Falls, ON, L2E 2B3

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$78,181.13

Average Number of Children

1.56

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.48 %

High school certificate or equivalent

32.25 %

Apprenticeship trade certificate/diploma

4.42 %

College/non-university certificate

19.7 %

University Degree

21.15 %

Commuter

Travel To Work

By Car

84.72 %

By Public Transit

3.88 %

By Walking

5.17 %

By Bicycle

0.0 %

By Other Methods

6.23 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

28.94 %

Houses

71.06 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 4394 Morrison Street, Niagara Falls, ON, L2E 2B3

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 4394 Morrison Street, Niagara Falls, ON, L2E 2B3

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

4394 Morrison Street, Niagara Falls, ON, L2E 2B3

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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