4394 ELLIS STREET, Niagara Falls (Downtown)4394 ELLIS STREET, Niagara Falls (Downtown) — photo 24394 ELLIS STREET, Niagara Falls (Downtown) — photo 34394 ELLIS STREET, Niagara Falls (Downtown) — photo 44394 ELLIS STREET, Niagara Falls (Downtown) — photo 54394 ELLIS STREET, Niagara Falls (Downtown) — photo 64394 ELLIS STREET, Niagara Falls (Downtown) — photo 74394 ELLIS STREET, Niagara Falls (Downtown) — photo 84394 ELLIS STREET, Niagara Falls (Downtown) — photo 94394 ELLIS STREET, Niagara Falls (Downtown) — photo 104394 ELLIS STREET, Niagara Falls (Downtown) — photo 114394 ELLIS STREET, Niagara Falls (Downtown) — photo 124394 ELLIS STREET, Niagara Falls (Downtown) — photo 134394 ELLIS STREET, Niagara Falls (Downtown) — photo 14
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Business For Sale · Multifamily

4394 ELLIS STREET, Niagara Falls (Downtown)

4394 ELLIS STREET, Niagara Falls (Downtown), ON L2E1H4

$699,900 total

2,693 SF

Asset Class

Multifamily

Size

2,693 SF

Building class

A

Zoning

RA8 — Medium Rise

$ / SF

$260

Occupancy

85%

About this property

If you are looking to scale your portfolio with a highly efficient, hands-off asset, this prime four-unit building in Niagara Falls is engineered for immediate performance. Perfectly positioned within walking distance to Downtown, local parks, and premier amenities, the property is situated exactly where high-quality tenants want to be. Comprising one spacious two-bedroom and three one-bedroom units, the building offers a versatile and highly rentable mix tailored to the local market.This investment perfectly balances immediate cash flow with an effortless value-add play: three of the units are already fully renovated and tenant-ready, leaving just one remaining unit as a clean slate for you to finish, customize, and set your own premium market rent. Designed for low-touch, highly profitable management, the building is fully split-metered so tenants pay their own gas and hydro directly, shielding your bottom line from utility fluctuations. With a newer roof minimizing near-term capital expenditures and coin-operated laundry in the large lower level providing an effortless secondary income stream, this is a rare, straightforward buy-and-hold opportunity. Secure this high-upside, cash-flowing piece of Niagara's growth before the market reacts. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$700K
Down payment30% · $210K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$27K

Annual cash flow

$-12K

Cash-on-cash

-5.55%

DSCR

0.70

Going-in cap

3.88%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Northbridge Logistics964 SF2027-01
Northbridge Logistics558 SF2027-02
Northbridge Logistics778 SF2027-01

Area demographics

Trade area within 3 miles of the property.

Population

140,600

Households

50,289

Median income

$103,000

Median age

44.8

Daytime population

158,158

5-yr growth

3.5%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 4394 ELLIS STREET, Niagara Falls (Downtown).

NDA required

  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.