Discover your new home in Chippawa-an ideal investment opportunity awaits! Nestled in a charming community, this beautifully renovated duplex is just a short stroll from the serene river and a quick 5-minute drive to the breathtaking Niagara Falls. This property is perfect for both first-time buyers and savvy investors, offering the chance to live in one unit while generating rental income from the other, effectively supplementing your mortgage. If you are an investor, the tenants are both amazing, would love to stay and can show a 5.5% cap rate. The main floor unit boasts 2 large bedrooms, a 4-piece bath, a spacious kitchen, and a bright living room with a sunroom filled with natural light. The upper-level unit features 3 bedrooms, a separate entrance, a 4-piece bath, and a living room that seamlessly transitions into the kitchen and dining area, complete with a walkout balcony perfect for sipping your morning coffee. Enjoy a beautiful partially fenced lot with a detached double car garage and driveway space for at least 6 vehicles. Shared laundry in the basement is accessible to both units, along with two separate storage areas that can be included in leases if desired. The home underwent extensive renovations in 2012/2013, including new flooring, kitchens, baths, wiring, plumbing, windows, a boiler, hot water tank, and roof-ensuring peace of mind for years to come. Both tenants are eager to stay and have proven to be exceptional to work with, currently on monthly tenancies. Don't miss this rare opportunity to own a property that offers both comfort and income potential in an exceptional location. (id:61594)
| MLS® Number | X12732620 |
| Property Type | Multi-family |
| Community Name | 223 - Chippawa |
| Amenities Near By | Highway, Public Transit |
| Equipment Type | Water Heater |
| Parking Space Total | 6 |
| Rental Equipment Type | Water Heater |
| Bathroom Total | 2 |
| Bedrooms Total | 5 |
| Age | 100+ Years |
| Appliances | Dryer, Washer |
| Cooling Type | None |
| Heating Type | Radiant Heat |
| Size Exterior | 2136 Sqft |
| Size Interior | 2,136 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Highway, Public Transit |
| Size Depth | 135 Ft |
| Size Frontage | 60 Ft |
| Size Irregular | Bldg=60 X 135 Ft |
| Size Total Text | Bldg=60 X 135 Ft |
| Zoning Description | R1c |
https://www.realtor.ca/real-estate/29293728/3536-bond-street-niagara-falls-chippawa-223-chippawa
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
