• Mobile: 647-831-6400
  • Office: 416-298-8383
  • Fax: 416-298-8303

$415,000
Available - For Sale
Listing ID: X13055542
4640 Morrison Street , Niagara Falls, L2E 2B7, Niagara


Turnkey triplex offering three self-contained units in a solid Niagara Falls location, generating approximately $3,400/month in rental income. Ideal for investors or those looking to live in one unit while offsetting costs, the property features a functional layout with two main floor units and a spacious upper unit, each with separate living spaces and good natural light. Key updates include a flat rubber roof (2017), new eaves with gutter guards (2019), updated plumbing and toilets (2022), and new basement stairs (2023). Unit improvements include a new fridge and stove in Unit 2 (2023) and a new fridge in Unit 3 (2023). Additional updates include refreshed sod (2020) and consistent maintenance throughout. Operating costs are manageable with water approximately $200/month and gas averaging $208 in winter and $140 in summer. Furnace and hot water tank are rentals. A solid, income-producing property with major updates already completed.
Price $415,000
Taxes: $3003.00
Occupancy: Owner
Address: 4640 Morrison Street , Niagara Falls, L2E 2B7, Niagara
Acreage: < .50
Directions/Cross Streets: St. Lawrence
Rooms: 8
Bedrooms: 4
Bedrooms +: 0
Family Room: T
Basement: Full, Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Living Ro 11.51 13.48
Room 2 Main Kitchen 7.51 8.43
Room 3 Main Primary B 14.33 10.5
Room 4 Main Bathroom 7.51 4.99 4 Pc Bath
Room 5 Main Other 6.1 2.92
Room 6 Main Foyer 6.59 13.58
Room 7 Main Other 6.43 7.41
Room 8 Main Family Ro 12.6 6.33
Room 9 Main Dining Ro 12.6 6.59
Room 10 Main Kitchen 7.08 6.99
Room 11 Main Bathroom 5.08 6.07 4 Pc Bath
Room 12 Main Bedroom 10.23 9.41
Room 13 Main Other 4.92 3.58
Room 14 Second Bedroom 2 16.17 13.58
Room 15 Second Bedroom 9.32 10.5
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 4 Main
Washroom Type 3 4 Basement
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Approximatly Age: 100+
Property Type: Triplex
Style: 2-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 5
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 1500-2000
Property Features: Park, Public Transit
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Window Unit
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: Y
Utilities-Hydro: Y
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ESCARPMENT GOLFI REALTY INC.
Personal Picture
Mak Azad
Broker
Dir:
647-831-6400
Bus:
416-298-8383
Fax:
416-298-8303
 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Freehold - Triplex
Area: Niagara
Municipality: Niagara Falls
Neighbourhood: 210 - Downtown
Style: 2-Storey
Lot Size: x 115.00(Feet)
Approximate Age: 100+
Tax: $3,003
Maintenance Fee: $0
Beds: 4
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
$
%
%
Years