3865 Front Street Niagara Falls, Ontario L2G 6G3

7,664 ft2
Hot Water Radiator Heat

$1,890,000

Rare investment opportunity situated directly across from the Chippawa Creek, this 9-unit building boasts incredible waterfront proximity with added potential to lease the land across the street for a dock or other value-enhancing features. With Tourist Commercial (TC) zoning, the property supports a wide range of uses including long-term rentals, short-term Airbnb stays, or a hybrid model, making it ideal for savvy investors.The building includes six 1-bedroom units with scenic water views, two 2-bedroom units at the rear, and one bachelor suite in the basement, all sharing a common laundry and storage area. Seven units and common areas have already been demo'd, cleaned, and fully rewired, with updated emergency lighting, a new backflow valve, and front cleanouts installed. A two-year-old roof adds peace of mind. Remaining work includes general interior finishes and final touches, with the building nearing the final stages of revitalization. Whether you're looking to reposition the property as a premium rental offering or capitalize on the area's strong short-term rental demand, this location offers exceptional flexibility, waterfront charm, and long-term upside. (id:47351)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X12324704
Property Type Multi-family
Community Name 223 - Chippawa

Building

Heating Fuel Natural Gas
Heating Type Hot Water Radiator Heat
Size Interior 7,664 Ft2
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Depth 165 Ft
Size Frontage 60 Ft
Size Irregular 60 X 165 Ft
Size Total Text 60 X 165 Ft
Zoning Description Tc

https://www.realtor.ca/real-estate/28690361/3865-front-street-niagara-falls-chippawa-223-chippawa