4450 PHILLIP STREET S

$1,650,000

Downtown, Niagara Falls, Ontario

  • 5,400 square feet
Commercial · Multi-familyType
6Parking
RadiatorHeating
Partially air conditionedCooling
181Days on market
$306 / sqftPrice / sqft

About this property

INVESTORS, look no further! An exceptional multi-residential investment in one of Niagara Falls’ most vibrant corridors, offering stable net operating income with strong long-term development potential. Only 5 MINUTES to downtown Clifton Hill, casinos, restaurants, public transit, and more! This Niagara Falls treasure features six spacious two-bedroom units boasting over per unit, with private front and rear entrances, bright sunrooms, and a consistent, functional layout throughout. An additional one-bedroom in-law suite on the lower level enhances flexibility and revenue opportunities. Each principal unit is separately metered for hydro with on-site coin laundry, outdoor parking lot, and more. Ideally located just a five-minute walk to Downtown Clifton Hill and moments from the Niagara Falls tourism district and Casino Niagara, the property benefits from exceptional walkability. Its proximity to the International U.S. Canada Border, highway access, the scenic Niagara Parkway, world-class dining, shopping, and attractions make this building a strategic acquisition in a premier growth setting. TONS of potential for investors who have the vision. (id:45603)

Property details

Interior

Living area
5,400 square feet

Exterior & parking

Structure type
Multi-Family
Architectural style
[]
Lot size
50 x 130 FT
Parking spaces
6

Building & HOA

Heating
Radiator
Cooling
Partially air conditioned

Financial & legal

List price
$1,650,000
Price / sqft
$306 / sqft
Annual taxes
$6,151
Status
Active
MLS® number
X12846054

Location

City
Niagara Falls
Neighbourhood
Downtown
Province
Ontario
Postal code
L2E1A6
Directions
West off River Rd./ East from Ontario Ave

Mortgage calculator

estimated / month

Estimate only — excludes taxes, insurance and CMHC. Contact us for a real quote.

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