Morrison, Niagara Falls · MLS® X13695724
637
House · Single Family · 65 days on market
listed by PARAS. P. BHATIA, PROPERTY.CA INC.
PRIME MULTI-STREAM INVESTMENT OPPORTUNITY | OVERSIZED 50' X 150' LOT Unlock maximum yield in a high-demand Niagara Falls hub! This updated 3+3 bedroom, 3-bath detached bungalow sits on a 7,500 sq ft lot, offering immediate multi-tenant functionality and rare density upside. TRIPLE-INCOME PATHWAY Garden Suite / ADU Potential: The massive 42' x 12.5' detached garage with hydro offers an ideal footprint to build or convert a detached rear garden suite under R2 guidelines. (Buyer to satisfy self on permits & zoning). Flexible 3-Unit Blueprint: Combine the main floor with the finished lower level (separate entrance, 2nd kitchen setup) plus a rear garden suite to capture 3 distinct income streams. $100K+ IN CAPEX UPGRADES DONE Upgraded 200-Amp electrical service ready for extra load/EV charging. Full professional basement waterproofing system installed. High-efficiency Lennox HVAC system with heat pump. PROPERTY FEATURES Bright main floor with artisan plaster ceilings, crown moldings, updated baths, and 21' covered front porch. Deep concrete/asphalt driveway accommodates 7+ vehicles. Rapid access to QEW, Hwy 420, public transit, and key employment centers ensures low vacancy and top-tier tenant demand. House is fully tenanted (month to month lease).
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
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Walkability 0/100 · Car needed for most errands
Nothing everyday within a 10 minute walk.
mihom score from OpenStreetMap places, by straight line distance.