28
See all 28 photos
$899,500
Est. payment /mo
8 Beds
4 Baths
New
4553 Ferguson ST Niagara Falls, ON L2E 2Y7
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision 210 - Downtown
MLS Listing ID X12341036
Style 2-Storey
Bedrooms 8
Annual Tax Amount $3,987
Tax Year 2025
Property Sub-Type Fourplex
Property Description
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 5.3% 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 neighbourhood, 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.
Location
Province ON
County Niagara
Community 210 - Downtown
Area Niagara
Rooms
Family Room Yes
Basement Unfinished, Separate Entrance
Kitchen 4
Interior
Interior Features Other
Cooling None
Fireplace Yes
Heat Source Gas
Exterior
Garage Spaces 2.0
Pool None
Roof Type Flat
Lot Frontage 40.0
Lot Depth 108.6
Total Parking Spaces 4
Building
Foundation Concrete
Listed by EXP REALTY