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$529,900
Niagara Falls
4424 Ellis Street, Niagara Falls (Downtown), Ontario, L2E1H4
This 6-bedroom, 2-bathroom home in Niagara Falls is for sale offering roughly 1,750 sq ft of space. Its $529,900 asking price sits right in line with the $529,900 median in Niagara Falls. It has been on the market 59 days, fresher than the Niagara Falls average of 88 days.
Whether you're a seasoned investor scouting your next cash-flowing asset or a smart buyer looking to live in one unit while the neighbour helps pay your mortgage, this proeprty is the kind of property that just makes financial sense. Spanning roughly 1,800 sq. ft. of above-grade living space, this full duplex is smart, flexible real estate at its finest. Configured into two light-filled 2-bedroom, 1-bathroom layouts, it pulls in approx. $3,500/month in gross rental income ($1,800/mo + utilities on the lower level, and $1,700/mo + hydro upstairs). Both units feature open-concept living spaces, classic 4-piece baths, and separate electrical meters-giving you a clean operational setup with zero headache. Beyond the numbers, the location does the heavy lifting. Tucked into a central, incredibly walkable pocket of Niagara Falls, your tenants (or you!) are just steps from daily transit routes, local coffee shops, groceries, and neighbourhood dining. You're also only minutes from the world-famous tourist district, Clifton Hill, and the WEGO transit network-making this a magnet for local service-industry professionals who want a fast, effortless commute. Plus, quick access to the QEW and the downtown core means you're perfectly plugged into the region's broader economic growth. Solid income today, endless flexibility tomorrow, and a location tenants actually want to stay in. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 59 days on market, against an average age of 88 days across the listings currently for sale in this city
This 6-bed single family in Niagara Falls (Downtown) has been listed for 59 days, which is 29 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 $529,900, about 8.7× the local median household income of $60,800.
Carrying it typically needs a household income of about $103,508 (20% down, 25-yr amortization, stress-tested) — roughly 70% 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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