ON > Niagara Falls > 211 - Cherrywood
Niagara Falls, ON L2E 4G5,4687 First AVE
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Niagara Falls, ON L2E 4G5,4687 First AVE
Niagara Falls, ON L2E 4G5,4687 First AVE
Niagara Falls, ON L2E 4G5,4687 First AVE
Niagara Falls, ON L2E 4G5,4687 First AVE
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 1,499,000
Est. payment /mo
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4687 First AVE Niagara Falls, ON L2E 4G5

5,718 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 5,718 sqft

Price per Sqft $262

Subdivision 211 - Cherrywood

MLS Listing ID X12146097

Annual Tax Amount $18,581

Tax Year 2025

Property Sub-Type Investment

Lot Depth 100.0

Lot Front 60.0

Property Description

Solid 8 unit brick apartment building in downtown Niagara Falls. Fully rented. 5% cap rate, with potential to increase. Close to downtown tourist district, bus stop, train station, library, City Hall, park, schools, and shopping area. Over $150k spent on renovation in 2024, including new windows, roof, entrance doors, staircases; and new kitchens, washrooms, floorings in some units. Tenants pay own hydro, 9 separate meters. 8 reserved parking spots are located at 4659 First Ave, Niagara Falls.

Location

Province ON

County Niagara

Community 211 - Cherrywood

Area Niagara

Zoning R2

Interior

Cooling No

Exterior

Community Features Public Transit, Recreation/Community Centre

Utilities Available Available

Lot Frontage 60.0

Lot Depth 100.0

Listed by ELONG REALTY BROKERAGE, INC.
agent

Jethro Seymour

Broker

+1(416) 712-0767

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4687 First AVE

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