For sale 50$599,900
4394 Ellis Street
Downtown, Niagara Falls, Ontario L2E1H4
For sale· Added
About this home
If you are looking to scale your portfolio with a highly efficient, hands-off asset, this prime four-unit building in Niagara Falls is engineered for immediate performance. Perfectly positioned within walking distance to Downtown, local parks, and premier amenities, the property is situated exactly where high-quality tenants want to be. Comprising one spacious two-bedroom and three one-bedroom units, the building offers a versatile and highly rentable mix tailored to the local market.This investment perfectly balances immediate cash flow with an effortless value-add play: three of the units are already fully renovated and tenant-ready, leaving just one remaining unit as a clean slate for you to finish, customize, and set your own premium market rent. Designed for low-touch, highly profitable management, the building is fully split-metered so tenants pay their own gas and hydro directly, shielding your bottom line from utility fluctuations. With a newer roof minimizing near-term capital expenditures and coin-operated laundry in the large lower level providing an effortless secondary income stream, this is a rare, straightforward buy-and-hold opportunity. Secure this high-upside, cash-flowing piece of Niagara's growth before the market reacts.
Location
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Property details
Listing
- MLS® number
- X13663216
- Added
- Aug 11, 2026 ()
- Updated
- Aug 11, 2026 ()
- Info refreshed
Overview
- Property type
- Multi-family
- Building type
- Multi-Family
Inside
- Bedrooms
- 5
- Heating
- Baseboard heaters
- Cooling
- None
- Fireplace
- No
Building
- Parking
- 4 spaces
Land
- Lot size
- Bldg=50 x 90 ft
- Zoning
- R2
Services
- Water
- Municipal water
Location
- Directions
- On the corner of Ellis St and Ontario Ave.
Running costs
- Annual property tax
- $4,777
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