ON > Niagara Falls > 211 - Cherrywood
Niagara Falls, ON L2E 4H8,4758 SECOND AVE
Niagara Falls, ON L2E 4H8,4758 SECOND AVE
Niagara Falls, ON L2E 4H8,4758 SECOND AVE
Niagara Falls, ON L2E 4H8,4758 SECOND AVE
Niagara Falls, ON L2E 4H8,4758 SECOND AVE
Niagara Falls, ON L2E 4H8,4758 SECOND AVE
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Austin Falk

Austin Falk

+1(647) 687-3255
$ 549,900
Est. payment | /mo

5 Beds

3 Baths

Save
$ 549,900
Est. payment | /mo
Save

5 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision 211 - Cherrywood

MLS Listing ID X12615222

Style 2-Storey

Bedrooms 5

Annual Tax Amount $2,405

Tax Year 2025

Property Sub-Type Triplex

Property Description

Welcome to 4758 Second Avenue, a legal non-conforming Triplex in the heart of Niagara Falls - perfect for first-time buyers or savvy investors looking for strong rental income in a high-demand area. This well-maintained property features 2 separate hydro meters, along with a NEW furnace and NEW central air system, offering lower operating costs, improved efficiency, and added appeal to quality tenants.The building includes 2 spacious two-bedroom units and 1 bachelor, giving you the ideal opportunity to live in one unit while the other rentals help pay your mortgage. Located just minutes from the Tourist District, Casinos, GO Train, Niagara University, transit, shopping, and entertainment, it's an excellent location for hospitality workers, students, and professionals.With projected rents of $46,800/year and an estimated NET INCOME of $37,376, this property offers strong cash flow in a rapidly growing neighbourhood. Affordable price point, updated mechanicals, separate meters, and prime location - this is the income-producing opportunity you've been waiting for to start building wealth from day one.

Location

Province ON

County Niagara

Community 211 - Cherrywood

Area Niagara

Zoning R2

Rooms

Family Room No

Basement Separate Entrance, Unfinished

Kitchen 3

Interior

Interior Features Carpet Free, Separate Hydro Meter

Cooling Central Air

Inclusions 3 Stoves, 3 Fridges, 1 Washer & 1 Dryer

Exterior

Parking Features Front Yard Parking, Private Double, Other

Pool None

Roof Type Asphalt Shingle

Lot Frontage 29.6

Lot Depth 150.0

Total Parking Spaces 2

Building

Foundation Poured Concrete

Others

Senior Community No

ParcelsYN No

Listed by COSMOPOLITAN REALTY
Austin Falk

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(647) 687-3255

austin@falkrealtygroup.ca

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4758 SECOND AVE