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For Sale - 5703 Ferry Street, Niagara Falls, Ontario

5703 Ferry Street

Niagara Falls , Ontario

$1,899,000

Est payment $9,119/mo

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Time on Jump 75 day

AI Summary *

Prime investment property in a high-traffic tourist destination.
Three fully rented apartments generating $5,500 per month.
Established Caribbean restaurant on the main level with 30 seating.
Owner willing to stay as a tenant at $7,000 monthly.
Close to major hotels and attractions, excellent for cash flow.

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Purchase Price

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Down Payment:
$ 94,950 ( 5% )

First Time Buyer:
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New Build:
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Welcome to 5703 ferry st, niagara falls! Prime investment opportunity in one of canada's most visited destinations. This exceptional mixed used building offers 3 fully rented apts generating $5500. 00 per month providing immediate and stable cash flow. On the main level the property features ab established 30 seats caribbean restaurant. The current owner is willing to stay on as a tenant at 7, 000 per month. Making this a turn key income producing asset from day one. Located mins to niagara falls clifton hill, major hotels, tourist attractions and public transit. Take advantage in this exciting opportunity. Owner spent over 300,000 on commercial exhaust in system. Great investment opportunity. . ! Potential. Annual income $138,000k

Listing IDX13538954

Address5703 Ferry Street

CityNiagara Falls, Ontario

Price$1,899,000

StyleCommercial Retail

Land Size6741.84

TypeIndustrial/Commercial

StatusFor Sale

Extras

Subtype Commercial RetailCommunity Features Major Highway, Public TransitHeating / Cooling Electric Forced Air

Market Info

Listing Agency:
RE/MAX REALTY SPECIALISTS INC.

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Listing Agency:
RE/MAX REALTY SPECIALISTS INC.

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For Sale - 5703 Ferry Street, Niagara Falls, Ontario

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