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4115 May Avenue
homes for sale · Niagara Falls · Downtown
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$469,900

4115 May Avenue

Downtown, Niagara Falls · MLS® X13500960

324

House · Single Family · 117 days on market

listed by ROB PIOMBINI, HomeLife Power Realty Inc

realtor's description

Prime Niagara Falls investment and redevelopment opportunity! Located just steps from the Niagara River and Great Wolf Lodge, this updated two storey home offers exceptional flexibility for investors and developers alike. Featuring approximately 1,455 sq. ft. of living space, 3 bedrooms, 2 bathrooms, a partially finished basement, and private driveway parking, the property is currently tenanted, providing immediate rental income for investors. Its desirable location near Niagara's tourism district, casinos, downtown core, Rainbow Bridge, public transit, and major transportation routes makes it an attractive long-term investment in a growing area.Beyond its current income potential, this property also presents a unique long term opportunity. The neighboring property at 4208 Terrace Avenue is available for purchase separately, creating the possibility of a larger land assembly for future redevelopment. Buyers looking to secure a strategic position in one of Niagara Falls' most dynamic growth areas will appreciate the added flexibility and future upside. Whether you're seeking a turnkey investment with an established tenant, a strategic land holding, or a site with future development possibilities, 4115 May Avenue offers exceptional value in a highly desirable location. Buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses, and future development opportunities.

property details

type
House, Single Family
bedrooms
3
bathrooms
2
parking
4
property tax
$2,240 / yr
days on market
117
MLS®
X13500960

features

  • Flat site
  • Conservation/green belt
  • Water meter
  • Water Heater

monthly cost

$2,234/mo
Mortgage $2,047 · Tax $187

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$2,047/ monthly
loan $375,920
25-year amortization
total interest
$238,273
cash to close
$93,980
down payment; transfer tax and fees not included
total paid
$614,193

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Downtown, Niagara FallsGoogle Maps ↗

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
ROB PIOMBINI
HomeLife Power Realty Inc
call ROB · 519-590-9488
Powered by: REALTOR.ca

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location

Downtown, Niagara FallsGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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