$949,000
$30,0004743 Ryerson Crescent, Niagara Falls, ON L2E 1E6
210 - Downtown, Niagara Falls,
Properties with this icon are courtesy of
TRREB.
Attention investors and large families! This fully renovated 2.5 storey income property is located on a spacious corner lot just a short walk from Niagara Falls, Clifton Hill, and the vibrant tourist corridor, offering exceptional rental demand and strong cash flow. With 9 total bedrooms, 2 bathrooms, two full kitchens, and several additional versatile rooms, this property is an outstanding turnkey opportunity with a proven income stream. One unit is currently rented for $3000 monthly, while the second was previously rented for $2950 plus parking, offering potential for over a 6 percent cap rate. Extensively updated, the home features new furnace and A/C, updated electrical, new plumbing, new siding, new roof, and completely renovated kitchens with new flooring and modern appliances, including dedicated laundry for each unit. All bathrooms have been refreshed, including a fully remodeled basement bathroom. Outside, enjoy a new pool liner and filter, an oversized deck for entertaining, ample parking, and a two-car garage. Ideally positioned near schools, highway access, shopping, and the city's top attractions, this property suits investors seeking a high performing rental or student housing option with minimal effort required. A rare chance to secure a large, modernized property in one of Niagara's strongest rental areas.
- HoldoverDays: 60
- Architectural Style: 2 1/2 Storey
- Property Type: Residential Freehold
- Property Sub Type: Duplex
- DirectionFaces: North
- GarageType: Detached
- Directions: Hwy 420 to Victoria Ave to Ryerson Crescent
- Tax Year: 2025
- Parking Features: Boulevard, Private
- ParkingSpaces: 4
- Parking Total: 6
- WashroomsType1: 1
- WashroomsType1Level: Main
- WashroomsType2: 1
- WashroomsType2Level: Second
- WashroomsType3: 1
- WashroomsType3Level: Basement
- BedroomsAboveGrade: 7
- BedroomsBelowGrade: 2
- Interior Features: Carpet Free, Separate Heating Controls
- Basement: Finished with Walk-Out
- Cooling: Central Air
- HeatSource: Gas
- HeatType: Forced Air
- ConstructionMaterials: Brick, Vinyl Siding
- Roof: Asphalt Shingle
- Pool Features: Inground
- Sewer: Sewer
- Foundation Details: Concrete Block
- Parcel Number: 643370021
- LotSizeUnits: Feet
- LotDepth: 100
- LotWidth: 35
- PropertyFeatures: Hospital, Library, Public Transit, School, School Bus Route
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