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Renanza Realty
For sale

5703 FERRY STREET

Niagara Falls (Hospital), Ontario

MLS® X13538954

$1,899,000

Status
Active
Property type
Retail
MLS® number
X13538954
Bedrooms
Bathrooms
Year built

Listing description

Welcome to 5703 Ferry St, Niagara Falls! Prime Investment opportunity in one of Canada's most visited destinations. This exceptional mixed used building offers 3 fully rented Apts generating $5500.

00 per month providing immediate and stable cash flow. On the main level the property features ab established 30 seats Caribbean restaurant. The current owner is willing to stay on as a Tenant at 7, 000 per month.

Making this a turn key income producing asset from day one. Located mins to Niagara Falls Clifton Hill, Major Hotels, Tourist attractions and Public Transit. Take advantage in this exciting opportunity.

Owner spent over 300,000 on commercial exhaust in system. Great investment opportunity. !

Potential. annual income $138,000k

Property summary

MLS® number
X13538954
Property type
Retail
Square footage
6,000 sq ft
Land size
40.13 x 168.88 FT
Annual property taxes
$8,250.00
Parking
20 spaces
Days on market
53 days

Features & details

Heating
Forced air
Cooling
Partially air conditioned
Appliances
All

What would this home cost you?

Based on the $1,899,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$8,836 /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 RE/MAX REALTY SPECIALISTS INC., MISSISSAUGA.

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.