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$ 1,249,999
Est. payment /mo
Active
6437 - 6423 BARKER ST Niagara Falls, ON L2G 1Y6
4 Beds
3 Baths
1,552 SqFt
UPDATED:
11/17/2024 07:32 AM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 1,552 sqft
Price per Sqft $805
MLS Listing ID X9414745
Bedrooms 4
Annual Tax Amount $3,275
Tax Year 2024
Property Description
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.
Unit 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
This 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.
Unit 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
This 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.
Location
Province ON
County Niagara
Zoning R1E
Rooms
Basement Unfinished, Full
Kitchen 0
Interior
Interior Features Other
Cooling Central Air
Inclusions X4 FRIDGES, X4 STOVES, X4 WASHERS, X4 DRYERS., Dishwasher, Dryer, Refrigerator, Stove, Washer
Laundry Ensuite
Exterior
Garage Private Double
Garage Spaces 6.0
Pool None
Community Features Public Transit
Utilities Available Unknown
Roof Type Asphalt Shingle
Total Parking Spaces 6
Building
Foundation Poured Concrete
New Construction false
Others
Senior Community Yes
Security Features Unknown
Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE
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