7226 Alex Avenue Niagara Falls, Ontario L2G 7K4
$1,299,000
Rare opportunity to own a purpose-built triplex featuring three spacious townhome-style units on one property. Each unit offers 3 bedrooms, 1.5 bathrooms, and a finished basement, providing comfortable and functional living space with excellent tenant appeal. This income-producing property features separately metered hydro, gas, and water for each unit, offering convenience and simplified utility management. The property also includes 4 parking spaces. Currently, two units are tenanted, generating immediate rental income, while one vacant unit provides the flexibility to set market rent or move in yourself. Ideally located just minutes from major highway, The Falls, grocery stores, shopping, restaurants, and other everyday amenities, this property combines convenience with exceptional investment potential. Whether you're looking to expand your investment portfolio or purchase a property with exceptional income potential, this well-maintained triplex offers strong cash flow, flexibility, and long-term value. Some of the property photos has virtual staging. (id:41589)
Property Details
| MLS® Number | X13582700 |
| Property Type | Multi-family |
| Community Name | 217 - Arad/Fallsview |
| Equipment Type | Water Heater - Gas, Water Heater |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater - Gas, Water Heater |
Building
| Bathroom Total | 6 |
| Bedrooms Above Ground | 9 |
| Bedrooms Total | 9 |
| Amenities | Separate Heating Controls |
| Appliances | Water Meter, Dishwasher, Dryer, Stove, Washer, Refrigerator |
| Basement Development | Finished |
| Basement Type | N/a (finished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Shingles |
| Foundation Type | Poured Concrete |
| Half Bath Total | 3 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 3,500 - 5,000 Sqft |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 100 Ft |
| Size Frontage | 81 Ft |
| Size Irregular | 81 X 100 Ft |
| Size Total Text | 81 X 100 Ft |
| Zoning Description | R4 |
Utilities
| Cable | Installed |
| Electricity | Installed |
| Sewer | Installed |
Simona Climescu
Salesperson
4025 Dorchester Road, Suite 260
Niagara Falls, Ontario L2E 7K8
(866) 530-7737
exprealty.ca/
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July 20 2026 02:24:32
Niagara Association of REALTORS®
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