6437 - 6423 Barker Street Niagara Falls (216 - Dorchester), Ontario L2G 1Y6
$1,249,999
Outstanding investment opportunity! Offering two homes on a large lot w/a severable portion and pre-approved drawings for a third home, this property is a dream come true for investors or multi-generational families. The prime location, flexible living arrangements, and development potential make this property an opportunity in today's market. House 1 is a versatile, income-generating powerhouse w/three distinct units, each designed to offer privacy & comfort: Unit 1: 2 beds, 1 bath—ideal for small families or young professionals. Unit 2: 2 beds, 2 baths—perfect for larger families or roommates seeking spacious living.\r\nUnit 3: A cozy studio apartment—great for single occupants. Each is self-sufficient w/its own washer & dryer, providing the convenience of in-unit laundry. There’s also the potential to add a fourth unit in the bsmt, further increasing rental income. Two of the units are already tenanted, offering a steady cash flow, while one remains vacant. House 2 is a spacious single-family home that offers 4 bedrooms, 2½ bathrooms—a large, comfortable living space for growing families A potential in-law suite—perfect for multi-generational living or additional rental income\r\nThis house is currently tenanted, offering immediate income. The flexibility of month-to-month leases across both homes gives you the freedom to adjust rental terms as needed or take advantage of the vacancy for personal use. The severable lot comes complete w/approved drawings for a third home. This allows you to either expand your rental portfolio, develop and sell the additional home, or enjoy the flexibility of a custom-built property to meet your future needs. Nestled in a family-friendly neighborhood, the property is within walking distance of some of Niagara Falls' top schools, making it attractive to families seeking long-term rentals. For entertainment and tourism, you're just minutes from the Casino and Clifton Hill. (id:41589)
Property Details
| MLS® Number | X9414745 |
| Property Type | Business |
| Community Name | 216 - Dorchester |
| Amenities Near By | Public Transit |
| Parking Space Total | 6 |
Building
| Bathroom Total | 3 |
| Bedrooms Total | 4 |
| Appliances | Dishwasher, Dryer, Refrigerator, Stove, Washer |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1552 Sqft |
| Utility Water | Municipal Water |
Parking
| Detached Garage |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 110 Ft |
| Size Frontage | 60 Ft |
| Size Irregular | Unit=60 X 110 Ft |
| Size Total Text | Unit=60 X 110 Ft|under 1/2 Acre |
| Zoning Description | R1e |
Steve Simard
Salesperson
261 Martindale Rd., Unit 14c
St. Catharines, Ontario L2W 1A2
(905) 687-9600
(905) 687-9494
www.remaxniagara.ca/
Michael Ompoc
Salesperson
5111 New Street
Burlington, Ontario L7L 1V2
(905) 637-1700
(905) 637-1070
www.rightathomerealty.com/
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November 17 2024 01:28:24
Niagara Association of REALTORS®
RE/MAX Niagara Realty Ltd, Brokerage, Right At Home Realty, Brokerage