ON > Niagara Falls > 211 - Cherrywood
Niagara Falls, ON L2E 4H8,4758 SECOND AVE
Niagara Falls, ON L2E 4H8,4758 SECOND AVE
Niagara Falls, ON L2E 4H8,4758 SECOND AVE
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$528,500
Est. payment /mo
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5 Beds
3 Baths
New

4758 SECOND AVE Niagara Falls, ON L2E 4H8

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Kenneth Yim

Kenneth Yim

+1(647) 496-2269

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision 211 - Cherrywood

MLS Listing ID X12683850

Style 2-Storey

Bedrooms 5

Annual Tax Amount $2,405

Tax Year 2025

Property Sub-Type Triplex

Lot Depth 150.0

Lot Front 29.6

Property Description

Welcome to 4758 Second Avenue - a well-maintained legal non-conforming triplex ideally positioned in the heart of Niagara Falls, offering an excellent opportunity for first-time buyers and investors seeking reliable income in a high-demand location.The property features two spacious two-bedroom units and one bachelor unit, providing flexible living and rental options. Live in one unit while the others help offset your mortgage, or fully lease the property for steady cash flow. Key upgrades include two separate hydro meters, a NEW furnace, and NEW central air, delivering improved efficiency, reduced operating costs, and long-term peace of mind.Located minutes from the Tourist District, casinos, GO Train, Niagara University, transit, shopping, and major employment hubs, this area continues to see strong rental demand. Niagara Falls has also been highlighted by the Province as part of its long-term vision to evolve into the "Las Vegas of the North," with significant planned investments in tourism, infrastructure, and entertainment - further strengthening long-term rental and appreciation potential.With projected gross rents of approximately $46,800 per year and an estimated net income of $37,376, this property delivers solid cash flow at an accessible price point. Updated mechanicals, separate meters, and a proven rental layout make this a smart acquisition for those looking to build wealth through real estate.A compelling income-producing opportunity in one of Niagara's most active and evolving rental markets.

Location

Province ON

County Niagara

Community 211 - Cherrywood

Area Niagara

Zoning R2

Rooms

Family Room No

Basement Separate Entrance, Unfinished

Kitchen 3

Interior

Interior Features Carpet Free, Separate Hydro Meter

Cooling Central Air

Inclusions 3 Stoves, 3 Fridges, 1 Washer & 1 Dryer

Exterior

Parking Features Front Yard Parking, Private Double, Other

Pool None

Roof Type Asphalt Shingle

Lot Frontage 29.6

Lot Depth 150.0

Total Parking Spaces 2

Building

Foundation Poured Concrete

Others

Senior Community No

ParcelsYN No

Listed by COSMOPOLITAN REALTY

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Kenneth Yim

Kenneth Yim

Broker of Record | License ID: 9524831

+1(647) 496-2269

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4758 SECOND AVE

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