Jag Patel
Broker
$1,788,000
Available - For Sale
Listing ID: X12397138
3865 Front Stre , Niagara Falls, L2G 6G3, Niagara
| Rare investment opportunity situated directly across from the Chippawa Creek, this 9-unit building boasts incredible waterfront proximity withadded potential to lease the land across the street for a dock or other value-enhancing features. With Tourist Commercial (TC) zoning, the property supports a wide range of uses including long-term rentals, short-term Airbnb stays, or a hybrid model, making it ideal for savvy investors.The building includes seven 1-bedroom units with scenic water views, two 2-bedroom units at the rear, all sharing a common laundry and storage area. Seven units and common areas have already been demo'd, cleaned with updated emergency lighting, a new backflow prevention valve, and front cleanouts installed. A two-year-old roof adds peace of mind. Remaining workincludes general interior finishes and final touches, with the building nearing the final stages of revitalization. Whether you're looking to reposition the property as a premium rental offering or capitalize on the area's strong short-term rental demand, this location offers exceptional flexibility, waterfront charm, and long-term upside. |
| Price | $1,788,000 |
| Taxes: | $20966.00 |
| Occupancy: | Tenant |
| Address: | 3865 Front Stre , Niagara Falls, L2G 6G3, Niagara |
| Directions/Cross Streets: | Front Street/Portage Rd |
| Rooms: | 45 |
| Bedrooms: | 10 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Finished wit |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Multiplex |
| Style: | 3-Storey |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | Unreserved |
| Drive Parking Spaces: | 9 |
| Park #1 | |
| Parking Type: | Unreserved |
| Park #2 | |
| Parking Type: | Unreserved |
| Park #3 | |
| Parking Type: | Available |
| Pool: | None |
| Approximatly Square Footage: | 5000 + |
| Property Features: | Campground, Golf |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Radiant |
| Central Air Conditioning: | Wall Unit(s |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| REVEL Realty Inc., Brokerage |
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Niagara |
| Municipality: | Niagara Falls |
| Neighbourhood: | 223 - Chippawa |
| Style: | 3-Storey |
| Tax: | $20,966 |
| Beds: | 10 |
| Baths: | 9 |
| Fireplace: | N |
| Pool: | None |
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