1/124898 VICTORIA AVENUE, Niagara Falls (Downtown)
4898 VICTORIA AVENUE, Niagara Falls (Downtown), ON L2E4C6
$2.3M total
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Asset Class
Retail
Size
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Building class
A
Zoning
CNC — Neighbourhood Commercial
$ / SF
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Occupancy
84%
About this property
Located Right on Victoria Avenue Where you Can Easily Connect To The Main Attractions Of Niagara Falls is This Commercial-Residential Property, Consisting of 12 Residential Units of Which, 7 Units 2 BR., 3 Units 1 BR., 2 Studios and 2 Commercial. All Units are Presently Rented.The NOI Gives you a Satisfactory Return Cap Rate, With a Future Potential Rent Increase.The Buyer and Buyer Agent Agrees to Verify and Perform their Own " DUE DILIGENCE" (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$11K
Projected NOI
$116K
Annual cash flow
$-11K
Cash-on-cash
-1.60%
DSCR
0.91
Going-in cap
5.06%
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.
Area demographics
Trade area within 3 miles of the property.
Population
60,139
Households
25,725
Median income
$120,500
Median age
36.4
Daytime population
55,611
5-yr growth
8.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 4898 VICTORIA AVENUE, Niagara Falls (Downtown).
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.