Serving Southern Ontario & GTA
5703 Ferry Street, Niagara Falls, ON L2G 1S5 - Image 1Active
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$2,450,000

MLS# X12827244

5703 Ferry Street, Niagara Falls, ON L2G 1S5

Niagara Falls, ON L2G 1S5

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Bedrooms

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Bathrooms

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Sq Ft

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Year Built

Popular· 17 days on market views todayPopular· 145 views todayHot Property· High interest
About This Property

Welcome to 5703 Ferry St, Niagara Falls! Prime Investment opportunity in one of Canada's most visited destinations. This exceptional mixed used building offers 3 fully rented Apts generating $5500.00 per month providing immediate and stable cash flow. On the main level the property features ab established 30 seats Caribbean restaurant. The current owner is willing to stay on as a Tenant at 10, 000 per month. Making this a turn key income producing asset from day one. Located mins to Niagara Falls Clifton Hill, Major Hotels, Tourist attractions and Public Transit. Take advantage in this exciting opportunity. Owner spent over 300,000 on commercial exhaust in system.

17 days on market
Property Details

Property Type

Commercial

Year Built

N/A

Lot Size

6741.84 Feet

Garage

N/A

Basement

N/A

Heating

N/A

Cooling

N/A

Parking Spaces

N/A

Location

Map View

5703 Ferry Street, Niagara Falls, ON L2G 1S5, Niagara Falls, ON

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$2,450,000

20% ($490,000)

Minimum 5% for homes under $500K, 20% to avoid CMHC insurance

5.5%
25 years

Estimated Monthly Payment

$12,036

*Principal & Interest only. Does not include taxes or insurance.

Principal$1,960,000
Total Interest$1,650,834
Total Cost$4,100,834
Jagtar Singh

Jagtar Singh

RE/MAX Realty Specialists Inc.

Contact About This Property
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