4394 Ellis Street Niagara Falls, Ontario L2E 1H4
5 Bedroom
2,693 sqft
None
Baseboard Heaters
$599,900
If you are looking to scale your portfolio with a highly efficient, hands-off asset, this prime four-unit building in Niagara Falls is engineered for immediate performance. Perfectly positioned within walking distance to Downtown, local parks, and premier amenities, the property is situated exactly where high-quality tenants want to be. Comprising one spacious two-bedroom and three one-bedroom units, the building offers a versatile and highly rentable mix tailored to the local market.This investment perfectly balances immediate cash flow with an effortless value-add play: three of the units are already fully renovated and tenant-ready, leaving just one remaining unit as a clean slate for you to finish, customize, and set your own premium market rent. Designed for low-touch, highly profitable management, the building is fully split-metered so tenants pay their own gas and hydro directly, shielding your bottom line from utility fluctuations. With a newer roof minimizing near-term capital expenditures and coin-operated laundry in the large lower level providing an effortless secondary income stream, this is a rare, straightforward buy-and-hold opportunity. Secure this high-upside, cash-flowing piece of Niagara's growth before the market reacts. (id:15069)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X13663216 |
| Property Type | Multi-family |
| Community Name | 210 - Downtown |
| Amenities Near By | Highway |
| Parking Space Total | 4 |
Building
| Bedrooms Total | 5 |
| Cooling Type | None |
| Heating Type | Baseboard Heaters |
| Size Exterior | 2693 Sqft |
| Size Interior | 2,693 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Highway |
| Size Depth | 90 Ft |
| Size Frontage | 50 Ft |
| Size Irregular | Bldg=50 X 90 Ft |
| Size Total Text | Bldg=50 X 90 Ft |
| Zoning Description | R2 |
https://www.realtor.ca/real-estate/30142112/4394-ellis-street-niagara-falls-downtown-210-downtown
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August 11 2026 06:39:51
Toronto Regional Real Estate Board
Real Broker Ontario Ltd.