UNIT 4 - LOWER - 4271 FIFTH AVENUE, Niagara Falls (Downtown)UNIT 4 - LOWER - 4271 FIFTH AVENUE, Niagara Falls (Downtown) — photo 2UNIT 4 - LOWER - 4271 FIFTH AVENUE, Niagara Falls (Downtown) — photo 3UNIT 4 - LOWER - 4271 FIFTH AVENUE, Niagara Falls (Downtown) — photo 4UNIT 4 - LOWER - 4271 FIFTH AVENUE, Niagara Falls (Downtown) — photo 5UNIT 4 - LOWER - 4271 FIFTH AVENUE, Niagara Falls (Downtown) — photo 6UNIT 4 - LOWER - 4271 FIFTH AVENUE, Niagara Falls (Downtown) — photo 7UNIT 4 - LOWER - 4271 FIFTH AVENUE, Niagara Falls (Downtown) — photo 8UNIT 4 - LOWER - 4271 FIFTH AVENUE, Niagara Falls (Downtown) — photo 9UNIT 4 - LOWER - 4271 FIFTH AVENUE, Niagara Falls (Downtown) — photo 10UNIT 4 - LOWER - 4271 FIFTH AVENUE, Niagara Falls (Downtown) — photo 11UNIT 4 - LOWER - 4271 FIFTH AVENUE, Niagara Falls (Downtown) — photo 12UNIT 4 - LOWER - 4271 FIFTH AVENUE, Niagara Falls (Downtown) — photo 13UNIT 4 - LOWER - 4271 FIFTH AVENUE, Niagara Falls (Downtown) — photo 14UNIT 4 - LOWER - 4271 FIFTH AVENUE, Niagara Falls (Downtown) — photo 15UNIT 4 - LOWER - 4271 FIFTH AVENUE, Niagara Falls (Downtown) — photo 16UNIT 4 - LOWER - 4271 FIFTH AVENUE, Niagara Falls (Downtown) — photo 17UNIT 4 - LOWER - 4271 FIFTH AVENUE, Niagara Falls (Downtown) — photo 18UNIT 4 - LOWER - 4271 FIFTH AVENUE, Niagara Falls (Downtown) — photo 19
1/19
For Lease · Multifamily

UNIT 4 - LOWER - 4271 FIFTH AVENUE, Niagara Falls (Downtown)

UNIT 4 - LOWER - 4271 FIFTH AVENUE, Niagara Falls (Downtown), ON L2E4R1

Price on request

—

Asset Class

Multifamily

Size

—

Building class

C

Zoning

RA8 — Medium Rise

$ / SF

—

Occupancy

92%

About this property

BEST VALUE IN A RENTAL IN NIAGARA FALLS! Welcome to this never-lived-in luxury lower-level residence offering exceptional value and high-end finishes in the heart of Niagara Falls. Thoughtfully designed for modern living, this stunning unit features soaring 9-foot ceilings, a bright open-concept layout and premium finishes throughout, creating a space that feels elevated from the moment you walk in.The beautifully designed custom kitchen showcases quartz countertops, soft-close cabinetry, a stylish backsplash, stainless steel appliances and a functional layout rarely found in lower-level rentals. Large egress windows allow natural light to pour into the space, enhancing the bright and inviting atmosphere. Additional features include private in-suite laundry with stackable washer and dryer, central air conditioning, forced air gas heating, HRV system, tankless water heater, private entrance, modern black exterior accents and one assigned parking space. The unit is separately metered, with tenants responsible for their own utilities. Conveniently located close to parks, schools, shopping, transit, and everyday amenities, this is an exceptional opportunity to lease a brand-new luxury residence that perfectly blends style, comfort, functionality and value. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$79K

Annual cash flow

$-4K

Cash-on-cash

-0.97%

DSCR

0.95

Going-in cap

5.25%

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

139,500

Households

63,739

Median income

$77,500

Median age

42.9

Daytime population

164,582

5-yr growth

1.6%

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

Secure deal room

Confidential diligence documents for UNIT 4 - LOWER - 4271 FIFTH AVENUE, 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.