4553 Ferguson St - Apartments FOR SALE


Niagara Falls, ON L2E 2Y7- Clifton Hill
$875,000 CAD
866-530-7737
4553 Ferguson St, Niagara Falls, ON for Sale
$875,000 CAD
Apartments - FOR SALE
1/1
null | 5.4% Cap Rate

4553 Ferguson St
Niagara Falls, ON L2E 2Y7
Clifton Hill


OVERVIEW

This well-maintained four-unit multi-family building in the heart of Niagara Falls offers a turnkey investment with strong in-place income. Fully tenanted at or near market rents, the property generates immediate cash flow with a 5.4% cap rate at the asking price. Each unit is separately metered for hydro, with tenants responsible for their own utilities, minimizing operating costs. Recent upgrades include a new boiler heating system installed two years ago and a flat roof just over ten years old, both contributing to reduced near-term capital expenditures. The owner has kept the building in good condition, refreshing units upon turnover to maintain quality and tenant appeal. Situated in a quiet neighborhood, this asset combines low-maintenance operations with long-term value retention, making it an ideal opportunity for both seasoned investors and those entering the market.

FOR SALE DETAILS

PRICE

$875,000 CAD

PRICE/SF

$326 CAD /SF

# OF UNITS

4

PRICE/UNIT

$218,750

CAP RATE

5.4%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1942

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,344 SF

ZONING

R2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Andrew OdoardieXp RealtyMore Info
866-530-7737

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Andrew OdoardieXp RealtyMore Info
866-530-7737

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.