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$499,000
Niagara Falls
4119 DYSON Avenue, Niagara Falls (Downtown), Ontario, L2E3L6
This multi-family property in Niagara Falls is for sale offering roughly 1,300 sq ft of space. It has been on the market 50 days, fresher than the Niagara Falls average of 88 days.
SET YOUR OWN RENT! VACANT DUPLEX INVESTMENT OPPORTUNITY IN A GREAT NIAGARA FALLS LOCATION! Located just minutes from Great Wolf Lodge, the scenic Niagara Parkway, parks, attractions, shopping and amenities, this freshly painted duplex offers an excellent opportunity for investors or those looking to live in one unit while generating rental income from the other.The main floor unit features 2 bedrooms, a bright living room, kitchen and 3-piece bath, plus an unfinished basement offering excellent storage and potential for future use. The second-floor unit offers flexible living space that can be configured as either 3 bedrooms or 2 bedrooms plus a living room, along with a kitchen and 3-piece bath.With its separate living spaces, versatile layouts and highly desirable location, this property is well suited to the long-term rental market. The proximity to Great Wolf Lodge, the Niagara Parkway and Niagara Falls attractions makes this a particularly attractive area for tenants. Whether you're looking to expand your investment portfolio, have a large single family home or explore an owner-occupied duplex opportunity, this property is worth a look. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 50 days on market, against an average age of 88 days across the listings currently for sale in this city
This 5-bed multi-family in Niagara Falls (Downtown) has been listed for 50 days, which is 38 days fresher than the city average of 88. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $499,000, about 8.2× the local median household income of $60,800.
Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 60% above the area median.
Source: Statistics Canada, 2021 Census (FSA L2E)
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Loading rates, 30-yr amortization
Cash Needed to Close
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