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Renanza Realty
For sale

4020 MAIN STREET

Niagara Falls (Chippawa), Ontario

MLS® X14168832

$669,000

Status
Active
Property type
Multi-family
MLS® number
X14168832
Bedrooms
4
Bathrooms
3
Year built
—

Listing description

Welcome to this versatile commercial/residential property offering endless possibilities for investors, entrepreneurs or multi-generational families! Currently configured as two residential units, this property presents exciting potential for conversion into a three-unit income property. The main floor features a 1-bedroom residential unit plus an additional space, formerly used as a storefront, offering the opportunity to create a second main-floor residential unit (subject to approvals).

The upper level boasts a spacious, well-maintained 3-bedroom apartment with plenty of natural light and comfortable living space. Adding even more value is the impressive 30' x 25' heated garage/workshop at the rear, featuring a radiant gas tube heater, 60 AMP electrical service, 12-foot ceilings and two overhead doors (9' x 9' and 9' wide). An additional 14.

6' x 25' storage room provides excellent space for equipment, inventory or extra storage. Situated on a generous lot along a main artery in the heart of Chippawa, this property enjoys a fantastic location just steps from the Welland River (affectionately known as "The Crick"), a nearby boat launch and the charming downtown square. Whether you're looking to live in one unit while generating rental income, expand your investment portfolio, operate a business, or explore the potential for a triplex conversion, this property offers exceptional flexibility and opportunity.

A rare chance to own a property with so many possibilities in this sought-after Chippawa location!

Property summary

MLS® number
X14168832
Property type
Multi-family
Building type
Duplex
Land size
60 x 165 FT
Annual property taxes
$4,105.00
Parking
6 spaces · Detached Garage, Garage
Days on market
0 days

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Crawl space
Appliances
Garage door opener remote(s)
Exterior features
Vinyl siding
Lot features
In-Law Suite
Community features
School Bus

What would this home cost you?

Based on the $669,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,113 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of REALTY EXECUTIVES PLUS LTD, BROKERAGE, NIAGARA FALLS.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.