$979,000

House For Sale In Elgin, Niagara Falls, Ontario

$979,000
  • 9

    Bedrooms

  • 3

    Baths

  • 6

    Parking Spaces

Property Information:

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.

Inclusions: Other,2 Washer Dryer Combo Units, 2 Dishwashers, 2 Microwaves, 2 Stoves, 2 Refrigerators

Building Features:

  • Floor Space: 2500 Square Feet

Property Features:

  • Bedrooms: 9
  • Bathrooms: 3+0
  • Acres Range:
  • Architectural Style: 2.5 Storey
  • Basement: Walk-Out Access, Full, Finished
  • Construction Materials: Brick, Vinyl Siding
  • Cooling: Central Air
  • Driveway Parking: Private Drive Single Wide
  • Floor Space (approx): 2500 Square Feet
  • Heating: Forced Air
  • Laundry Features: Common Area, In Kitchen
  • Lot Depth: 100 Feet
  • Lot Features: Urban, Business Centre, City Lot, Highway Access, Hospital, Major Highway, Public Transit, School Bus Route, Schools
  • Lot Frontage: 35.00 Feet
  • Parking Features: Detached Garage
  • Road Frontage Type: Public Road
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: R1
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 6

Rooms:

  • Bedroom Main Level 5.54 X 4.09
  • Bedroom Main Level 4.09 X 2.46
  • Bedroom Main Level 3.71 X 2.21
  • Bedroom Main Level 3.05 X 3.56
  • Bathroom Main Level
  • Bedroom 2nd Level 3.71 X 2.69
  • Bedroom 2nd Level 2.54 X 2.90
  • Bedroom 2nd Level 3.07 X 2.16
  • Bathroom 2nd Level
  • Bedroom Basement Level 3.45 X 3.10
  • Bedroom Basement Level 3.45 X 3.10
  • Den Basement Level 4.01 X 3.40
  • Bathroom Basement Level
  • Other 2nd Level 5.89 X 2.87

Courtesy of: RE/MAX Escarpment Golfi Realty Inc.

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