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Peak Group Realty Ltd., Brokerage
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4687 First Avenue
211 - Cherrywood Niagara L2E 4G5

$1,499,000 /For Sale
Commercial

Main Photo: 4687 First Avenue in Niagara: 211 - Cherrywood Commercial for sale (Niagara Falls) : MLS®# X12146097
Photo 1: 4687 First Avenue in Niagara: 211 - Cherrywood Commercial for sale (Niagara Falls) : MLS®# X12146097
Photo 2: 4687 First Avenue in Niagara: 211 - Cherrywood Commercial for sale (Niagara Falls) : MLS®# X12146097
Photo 3: 4687 First Avenue in Niagara: 211 - Cherrywood Commercial for sale (Niagara Falls) : MLS®# X12146097
Photo 4: 4687 First Avenue in Niagara: 211 - Cherrywood Commercial for sale (Niagara Falls) : MLS®# X12146097
Photo 5: 4687 First Avenue in Niagara: 211 - Cherrywood Commercial for sale (Niagara Falls) : MLS®# X12146097
Photo 6: 4687 First Avenue in Niagara: 211 - Cherrywood Commercial for sale (Niagara Falls) : MLS®# X12146097
Photo 7: 4687 First Avenue in Niagara: 211 - Cherrywood Commercial for sale (Niagara Falls) : MLS®# X12146097
Photo 8: 4687 First Avenue in Niagara: 211 - Cherrywood Commercial for sale (Niagara Falls) : MLS®# X12146097
Photo 9: 4687 First Avenue in Niagara: 211 - Cherrywood Commercial for sale (Niagara Falls) : MLS®# X12146097
Photo 10: 4687 First Avenue in Niagara: 211 - Cherrywood Commercial for sale (Niagara Falls) : MLS®# X12146097
Photo 11: 4687 First Avenue in Niagara: 211 - Cherrywood Commercial for sale (Niagara Falls) : MLS®# X12146097
Photo 12: 4687 First Avenue in Niagara: 211 - Cherrywood Commercial for sale (Niagara Falls) : MLS®# X12146097
Photo 13: 4687 First Avenue in Niagara: 211 - Cherrywood Commercial for sale (Niagara Falls) : MLS®# X12146097
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12146097
Bus Major:
Apts - 6 To 12 Units
Solid 8 unit brick apartment building in downtown Niagara Falls. Fully rented. 5% cap rate, with potential to increase. Close to downtown tourist district, bus stop, train station, library, City Hall, park, schools, and shopping area. Over $150k spent on renovation in 2024, including new windows, roof, entrance doors, staircases; and new kitchens, washrooms, floorings in some units. Tenants pay own hydro, 9 separate meters.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
5718 sq. ft. Square Feet
Total Area:
5,718 sq. ft.
Depth:
100'
Frontage:
60'
Lot Shape:
Rectangular
Water supply:
Municipal
Zoning:
R2
Heating type:
Radiant
Garage:
Lane
Possession Details:
flexible
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2024
Type Taxes:
Annual
Taxes:
$18,581.72 / 2025
Assessment:
$- / 2024
Niagara Falls
211 - Cherrywood
Niagara
Public Transit, Recreation/Community Centre
Utilities:
Available
Air Conditioning:
No
Seller Property Info Statement:
No
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Date Listed:
May 14, 2025
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Listed by ELONG REALTY BROKERAGE, INC.
Data was last updated May 15, 2025 at 08:15 PM (UTC)
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.