$579,777
Niagara Falls
4602 Ryerson Crescent, Niagara Falls (Downtown), Ontario, L2E1E2
This multi-family property in Niagara Falls is for sale offering roughly 1,750 sq ft of space. It has been on the market 13 days, fresher than the Niagara Falls average of 88 days.
Welcome home to a piece of Niagara Falls history! Built in 1923, this beautiful brick legal duplex has kept everything people love about century homes: glowing original stained glass, rich wood trim and a classic covered front porch. Best of all, the big updates are already done, including the roof (2019), most windows (2019-2023), and refreshed main and upper bathrooms. The main-floor unit offers a bedroom, a generous kitchen, a bright living room with a bay window, a bath, laundry and easy access to the garden. Its finished lower level has a separate entrance and adds a bedroom, 3-piece bath, rec room and flex room, offering potential for a third unit, subject to City approvals. Upstairs, the second unit has 3 bedrooms, a kitchen, dining area and bath, plus a finished loft level. Separate hydro meters, a detached 1.5-car garage and a private driveway round it all out. Live in one unit and let the other help with the mortgage, welcome extended family under one roof, or grow your investment portfolio. Prefer one big home? The shared front foyer and interior staircase make it easy to convert back to a single-family residence. With its century charm and easy walk to Clifton Hill, it could also suit a bed and breakfast. All this on a quiet crescent in a family-friendly neighbourhood, just a short walk to Simcoe Street PS, Ontario Park, the Olympic Torch Trail, downtown Queen Street, Clifton Hill and the GO station. Homes with this much heart and flexibility don't come along often. Please note some photos are virtually staged (id:66096)
Features and services as supplied by the listing brokerage.
Active: 13 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 13 days, which is 75 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 $579,777, about 9.5× the local median household income of $60,800.
Carrying it typically needs a household income of about $113,251 (20% down, 25-yr amortization, stress-tested) — roughly 86% above the area median.
Source: Statistics Canada, 2021 Census (FSA L2E)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.