5124 Morrison Street, Niagara Falls (Cherrywood), Ontario, L2E2E1
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$825,000
Niagara Falls
This retail property in Niagara Falls is for sale offering roughly 4,300 sq ft of space. It has been on the market 32 days, fresher than the Niagara Falls average of 77 days.
Income Generating Retail Store Space and Residential Rental Space Upstairs! 4300sq ft PLUS 1700sqft Basement area! Very Sought After Area in Niagara Falls, Don't Miss This Opportunity to Own a Large Lot, with High Traffic, Great Exposure and Take on Immediate Rental Income. Residential Area Upstairs, Storefront on Main Level, New Roof, New Windows, 8 Car Parking Lot. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 32 days on market, against an average age of 77 days across the listings currently for sale in this city
This retail in Niagara Falls (Cherrywood) has been listed for 32 days, which is 45 days fresher than the city average of 77. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $825,000, about 13.6× the local median household income of $60,800.
Carrying it typically needs a household income of about $161,151 (20% down, 25-yr amortization, stress-tested) — roughly 165% above the area median.
Source: Statistics Canada, 2021 Census (FSA L2E)
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