$579,900

For sale

4613 Ryerson Crescent, Niagara Falls (Downtown) - Multi-family for Sale

4613 Ryerson Crescent, Niagara Falls (Downtown), Ontario, L2E1E4

4 beds2 baths6 parking1,300 ft²50 × 90 ft (4,500 sq ft) lot sizeListed 29 days ago

Overview

This multi-family property in Niagara Falls is for sale offering roughly 1,300 sq ft of space. It has been on the market 29 days, fresher than the Niagara Falls average of 88 days.

Multi-Family Properties for Sale in Niagara Falls →All real estate in Niagara Falls →

Description

EXCEPTIONAL LEGAL DUPLEX offering outstanding income potential and flexible living in the heart of Niagara Falls! Ideal for savvy investors, first-time buyers, or multigenerational families. Set in a mature downtown neighborhood within walking distance to the Niagara River, tourist district, GO station, restaurants, and shops. Features two self-contained 2-bedroom units; each with its own kitchen, full bath, and living area, plus separate hydro meters for added convenience. The upper unit boasts access to a fully finished walk-up attic with skylights, ideal for a home office, hobby room, or extra living space. A separate basement entrance leads to shared laundry and ample storage. Timeless character details like warm wood trim and stained-glass accents. Complement major modern upgrades: new roof & eavestroughs (Sept 2025), new furnace (Feb 2026), and new tankless water heater (Feb 2026). Complete with central air, a spacious driveway, and a detached 2-car garage. Live in one unit, rent the other, or capitalize on a turnkey dual-income opportunity. (id:66096)

Property Details

MLS®: X13867102
Property Type: Multi-family
Zoning: R2
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 2
Parking: 6
Interior Size: 1,300 ft²
Lot Size: 50 × 90 ft (4,500 sq ft)
Frontage: 50 ft
Storeys: 2
Basement: Full, Separate entrance, Walk-up, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace: Yes
Property Tax: $3,130/yr

Rooms

Main level

Living room: 4.26 x 3.96 meters
Kitchen: 3.4 x 2.51 meters
Primary Bedroom: 3.42 x 2.89 meters
Bedroom: 3.25 x 2.64 meters
Bathroom: 2.16 x 1.89 meters

Second level

Living room: 4.31 x 3.96 meters
Kitchen: 3.65 x 3.35 meters
Primary Bedroom: 3.55 x 2.74 meters
Bedroom 4: 3.25 x 2.64 meters
Bathroom: 3.02 x 1.86 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Dishwasher, Dryer, Two stoves, Two Refrigerators
Foundation: Block
Exterior: Brick, Aluminum siding
Lot Features: Partially cleared

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

29d

Niagara Falls (Downtown) listings, avg age

88d

Price / ft²

$446

List price

$580K

Haho

This 4-bed multi-family in Niagara Falls (Downtown) has been listed for 29 days, which is 59 days fresher than the city average of 88. Act while there is still low competition.

Set a price alert Book a showing

Listed by EXP REALTY · Lori Paonessa

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L2E)

This home lists at $579,900, about 9.5× the local median household income of $60,800.

Carrying it typically needs a household income of about $113,275 (20% down, 25-yr amortization, stress-tested) — roughly 86% above the area median.

Median household income: $60,800
Population: 18,587
Median age: 46.4
Owner / renter: 61% / 39%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA L2E)

$579,900· $446/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5.69% · $32,990

Min 5.69%50%

Mortgage payment$3,032/mo

↳ CMHC premium ($21,876 capitalized)

Property tax (est.)$261/mo

Total monthly$3,293

Cash Needed to Close

Down payment (5.69%)$32,990

Land transfer tax$8,073

Est. closing costs$4,240

Total cash needed$45,303

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Rental cashflow calculator