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Renanza Realty
For sale

4961 ARMOURY STREET

Niagara Falls (Cherrywood), Ontario

MLS® X14129036

$1,050,000

Status
Active
Property type
Multi-family
MLS® number
X14129036
Bedrooms
8
Bathrooms
4
Year built
—

Listing description

Welcome to 4961 Armoury Street, this solid brick 1927 triplex sits on a corner lot in the established Cherrywood neighbourhood, all currently tenanted, with roughly 3,385 sq ft of finished space across four levels. The main-floor unit offers 2 bedrooms, 1 bathroom, a separate dining area, and a kitchen updated in 2019 across 894 sq ft. The second-floor unit features 2 bedrooms, 1 bathroom, and a sitting room across 1,041 sq ft.

Up top, the third-floor loft unit offers 2 bedrooms, 1 bathroom, a walk-in closet, and an eat-in kitchen across 653 sq. ft. , perfect for a long-term tenant.

The finished lower level has its own separate entrance, along with 2 bedrooms, 1 bathroom, an egress window and a kitchen updated in 2019 across 797 sq. ft. , plus a coin-operated laundry room (2019) shared by the building.

The big-ticket items are already done, roof (2017), windows and doors (2017), PEX plumbing and updated electrical (2019), two gas furnaces, two central air conditioning units, and two owned hot water tanks (2019), eavestroughs (2020), and full exterior waterproofing complete with two sump pumps. The private driveway parks six cars minimum, and a back patio and shed round out the yard. Close to Valley Way Public School and Stamford Collegiate, with quick access to the shops and restaurants of Queen Street, Clifton Hill, the Falls, and Highway 420, this is a well-kept building that generates cash flow for you from day one.

Property summary

MLS® number
X14129036
Property type
Multi-family
Building type
Triplex
Land size
40 x 125 FT ; Irregular Corner Lot
Annual property taxes
$5,089.25
Parking
6 spaces · No Garage
Days on market
2 days

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Finished, Full, Separate entrance, N/A, N/A
Appliances
All, Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Water Heater
Exterior features
Steel, Brick
Lot features
Irregular lot size, Sump Pump

What would this home cost you?

Based on the $1,050,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$4,885 /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 KELLER WILLIAMS EDGE REALTY, BURLINGTON.

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.