5806 Prince Edward Ave

Niagara Falls | | L2G 5J3
  • 5 + 2
  • 4
  • 0

$575,000

Est. Mtg $1,949 /mo
  • Days on market

    228

  • Status

    New

Listing Broker HOMELIFE/MIRACLE REALTY LTD
Since listed: 0 views

Home details

MLS #:

X11934217

Property type:
Multiplex
Style:
2 1/2 Storey
Taxes:
$3,911
Possession:
Flexible
Lot Front:
47.0   Feet
Lot Depth:
95.0   Feet
Basement:
Full | Part Fin
Driveway Pkg:
3
Heat:
Gas | Radiant

Description


5806 Prince Edward Ave, , Niagara Falls, Ontario is a Multiplex property in Niagara Falls and in the community in the L2G 5J3 postal code


Seize this prime investment opportunity with a multi-unit residential property featuring three self-contained units, each equipped with separate hydro meters. Situated in a highly demanded rental area, just steps from the bustling Lundy's Lane tourist attractions and shopping centres, thisproperty offers unparalleled convenience. The classic house comprises a spacious main floor 2-bedroom unit, a comfortable second-level 2-bedroom unit, and a cozy third-floor 1-bedroom unit.Located close to highway access yet nestled in a quiet, established neighbourhood, this property provides the perfect balance for tenants. Investors can capitalize on the high rental demand and secure a steady income stream, making this an exceptional addition to any investment portfolio.Dont miss out on this rare opportunity for significant long-term returns. **EXTRAS** Buyer & Buyers Agent To Do Their Own Due Diligence On Use And Zoning, Measurements. Seller Does Not Warrant Basement Status On The Property. Legal Non-Conforming Triplex As Per Mpac & City Taxes,Zoned R2..

Extras

.


History

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List Date End Date List Price End Price Status MLS #
2019-05 2019-05 $399,000 $350,000 Sld X4458716
2022-03 2022-04 $850,000 $885,000 Sld X5542541
2024-08 2024-09 $699,999 $699,999 Ter X9238527
2024-09 2025-01 $499,999 $499,999 Exp X9351871
2025-01 2025-02 $575,000 $575,000 New X11934217

Comparables

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sold Date Address List Price sold Price DOM
2022-04 2 Bay St N, $565,000 $650,000 7
2022-04 5806 Prince Edward Ave, $850,000 $885,000 20
2022-02 255 Riverside Dr, $469,900 $430,000 14
2021-10 388 Queenston St, $1,370,000 $1,200,000 62

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Niagara Falls :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 5806 Prince Edward Ave

Based on available 3rd party data

$2410

Approximate costs per month

Mortgage
$1949 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$325 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker HOMELIFE/MIRACLE REALTY LTD
Data Source: TRREB

Payment calculator

$2275 monthly. In association with: TD Bank
%
  • Principal and Interest
    1949 /mo
  • Property Taxes
    $325 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Ben Pourkamali, Realtor

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