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$1,138,888
Available - For Sale
Listing ID: X13720808
An Excellent Opportunity To Acquire A Fully Leased And Extensively Renovated Mixed-Use Investment Property In The Heart Of Niagara Falls' Established Tourism And Commercial District! This Attractive Two-Storey Property Features An Established Main-Floor Commercial Tenant Along With A Beautifully Renovated Two-Bedroom, Two-Bathroom Residential Apartment Above, Offering Investors A Combination Of Commercial And Residential Rental Income. Significant Capital Improvements Include New Windows, Plumbing, Electrical, HVAC, A Rebuilt Flat Roof And Upgraded 400-Amp Electrical Service Split Between The Commercial And Residential Components. Both Units Are Currently Leased, Providing Established Rental Income From Day One. Located Along The High-Visibility Ferry Street Corridor, Just Minutes From Clifton Hill, Niagara Falls, Fallsview Casino, Major Hotels, Restaurants And Entertainment. Approximately Two On-Site Parking Spaces With Shared Driveway Access. General Commercial (GC) Zoning Provides Flexibility For A Variety Of Permitted Uses, Subject To Buyer Verification. May Also Be Purchased Together With Adjacent 5856-5860 Ferry Street, Creating A Unique Fully Leased Six-Unit Mixed-Use Investment Portfolio With Preferred Package Pricing Available. Financial Information Available Upon Request.
Price $1,138,888
Taxes: $6,200
Tax Type: N/A
Occupancy by: Tenant
Address: 5848-58 Ferry Street , Niagara Falls, L2G 1S9, Niagara
Postal Code: L2G 1S9
Province/State: Niagara
Legal Description: PT LT 2S/S FERRY ST. E OF MAIN ST PL 653
Directions/Cross Streets: Main And Ferry Street
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
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Washroom 15:  0
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Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
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Washroom 21:  0
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Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
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Washroom 27:  0
Washroom 28:  0
Washroom 29:  0
Washroom 30:  0
Washroom 31:  0
Washroom 32:  0
Washroom 33:  0
Washroom 34:  0
Washroom 35:  0
Washroom 36:  0
Washroom 37:  0
Washroom 38:  0
Washroom 39:  0
Washroom 40:  0
Washroom 41:  0
Washroom 42:  0
Washroom 43:  0
Washroom 44:  0
Washroom 45:  0
Washroom 46:  0
Washroom 47:  0
Washroom 48:  0
Washroom 49:  0
Washroom 50:  0
Category: Retail
Building Percentage: T
Total Area: 2,700
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Days Open: O
Maintenance: 0
Sprinklers: No
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
EXP REALTY

5848-58 Ferry Street , Niagara Falls, L2G 1S9, Niagara

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Maria Tompson
Sales Representative
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At a Glance:
Type: Com - Commercial Retail
Area: Niagara
Municipality: Niagara Falls
Neighbourhood: 216 - Dorchester
Style:
Lot Size: x 80.00(Feet)
Approximate Age:
Tax: $6,200
Maintenance Fee: $0
Beds: 0
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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