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kitchen featuring modern cabinets, a skylight, hanging light fixtures, stainless steel appliances, and a kitchen island Features: drywall, baseboards wall, natural light, black cabinets, gray cabinets, one wall kitchen, skylight, range oven, dishwasher, flat panel cabinets, recessed lighting, range hood, refrigerator, pendant lighting, wood finish floor, kitchen island, stone countertops, sink, baseboard radiator, high ceiling, kitchen bar, wall mounted ac

kitchen featuring light countertops, stainless steel appliances, a center island, a skylight, and hanging light fixtures Features: smoke carbon monoxide detector, drywall, recessed lighting, kitchen island, fire extinguisher, kitchen bar, wood finish floor, baseboards wall, sink, one wall kitchen, opens to living area, countertops, pendant lighting, flat panel cabinets, refrigerator, high ceiling, range hood, black cabinets, skylight, range oven

unfurnished room with baseboards and light wood-style floors Features: drywall, wood finish floor, baseboards wall, natural light

unfurnished room with baseboards and light wood-style flooring Features: drywall, natural light, wood finish floor, baseboards wall

full bath featuring vanity, bath / shower combo with glass door, and light marble finish floors Features: vent, vanity, drywall, sink, mirror, baseboards wall, toilet, marble finish floor, combined bath shower, full bathroom

full bath featuring vanity, a marble finish shower, light marble finish floors, and recessed lighting Features: marble finish floor, full bathroom, vanity, mirror, sink, shower, recessed lighting, drywall, toilet, vent

laundry area featuring stacked washer and clothes dryer and light wood finished floors Features: wood finish floor, washer hookup, baseboards wall, laundry, stacked washer dryer, drywall

living area featuring wood finished floors, ornamental molding, and radiator Features: hardwood floor, radiator, crown molding, tv

kitchen featuring white appliances, white cabinetry, light countertops, and suspended lighting Features: sink, white cabinets, notable chandelier, crown molding, range oven, one wall kitchen, refrigerator, pendant lighting, microwave, range hood, countertops, hardwood floor

bedroom with dark colored carpet and radiator Features: carpet, radiator, natural light

bedroom featuring a barn door and carpet Features: refrigerator, barn door, carpet, range oven

living area featuring radiator heating unit, carpet floors, crown molding, and recessed lighting Features: tv, carpet, crown molding, radiator

living room featuring ornamental molding, carpet flooring, and recessed lighting Features: natural light, crown molding, carpet

carpeted bedroom featuring radiator, ornamental molding, and recessed lighting Features: crown molding, carpet, natural light, radiator

bathroom featuring a baseboard radiator, vanity, and light wood-type flooring Features: mirror, vanity, combined bath shower, toilet, hardwood floor, baseboard radiator, natural light, sink

washroom with stacked washing machine and dryer Features: stacked washer dryer, laundry, hardwood floor

living area featuring ornamental molding and light wood-style flooring Features: hardwood floor, crown molding, tv

recreation room featuring light wood-style floors, wood ceiling, and wood walls Features: space heater, hardwood floor, vent, wood wall, wood ceiling

office space featuring crown molding and radiator heating unit Features: natural light, radiator, tv

Commercial storefront with large display windows, a recessed entry, and exterior lighting Features: vertical siding

Open commercial space featuring wood-finish flooring, drop ceiling with recessed lighting, and large storefront windows Features: baseboards wall, drywall, wood finish floor, radiator, drop ceiling, natural light

Spacious room with wood-finish flooring, white walls, and a dropped ceiling with integrated lighting Features: baseboards wall, wood finish floor, high ceiling, drop ceiling, drywall

utilities with electric panel Features: electric panel

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For Sale - 5848-5860 ferry Street, Niagara Falls, Ontario

5848-5860 Ferry Street

Niagara Falls , Ontario

7 $2,149,888

Est payment $10,324/mo

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Time on Jump 25 day

AI Summary *

Investment portfolio with six mixed-use units in a prime location.
Approximately 10 on-site parking spaces for convenience.
Recent capital improvements including new roofs and windows.
Strong income potential with existing tenancies and lease-up opportunities.
Versatile General Commercial zoning allows for various business uses.

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Purchase Price

Term

Interest Rate

Payment Frequency

Down Payment:
$ 107,494 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

Exceptional six mixed-use building investment portfolio in the heart of niagara falls, positioned at an approximately 7% pro forma cap rate. Spanning 5848-5860 ferry street, this unique portfolio features six units including three commercial units and three residential units, creating a diversified mix of commercial and residential income. The combined properties also offer approximately 10 on-site parking spaces with shared driveway access. $$$$ spent on capital improvements, with new flat roofs, new windows, modern and high quality finishes. Existing tenancies provide an income base while currently available space offers investors additional lease-up potential, with a stabilized noi. The properties have benefited from significant capital improvements and offer excellent exposure along ferry street, just minutes from clifton hill, the falls, fallsview casino, major hotels, restaurants and niagara falls' tourism and entertainment district. General commercial (gc) zoning allows for a broad range of permitted uses, providing flexibility for investors and business owners. Buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses and any future development potential.

Listing IDX13720800

Address5848-5860 ferry Street

CityNiagara Falls, Ontario

Price$2,149,888

Bath7 Full

StyleCommercial Retail

TypeIndustrial/Commercial

StatusFor Sale

Extras

Subtype Commercial RetailCommunity Features Major Highway, Public TransitBasement 1Heating / Cooling Radiant

Market Info

Listing Agency:
EXP REALTY

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Listing Agency:
EXP REALTY

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For Sale - 5848-5860 ferry Street, Niagara Falls, Ontario

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Market Info

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