$499,000
For sale: Multiplex

SET YOUR OWN RENT! VACANT DUPLEX INVESTMENT OPPORTUNITY IN A GREAT NIAGARA FALLS LOCATION! Located just minutes from Great Wolf Lodge, the scenic Niagara Parkway, parks, attractions, shopping and amenities, this freshly painted duplex offers an excellent opportunity for investors or those looking to live in one unit while generating rental income from the other.The main floor unit features 2 bedrooms, a bright living room, kitchen and 3-piece bath, plus an unfinished basement offering excellent storage and potential for future use. The second-floor unit offers flexible living space that can be configured as either 3 bedrooms or 2 bedrooms plus a living room, along with a kitchen and 3-piece bath.With its separate living spaces, versatile layouts and highly desirable location, this property is well suited to the long-term rental market. The proximity to Great Wolf Lodge, the Niagara Parkway and Niagara Falls attractions makes this a particularly attractive area for tenants. Whether you're looking to expand your investment portfolio, have a large single family home or explore an owner-occupied duplex opportunity, this property is worth a look.
Sold data
Homes in Downtown took a median of 38 days to sell over the last 365 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 74, across 72 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 74 days.
The median sale price was $419,950.
Homes sold for about 5.0% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 35% of sellers reduced their price before finding a buyer.
Based on 72 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Niagara Falls (Downtown) has 31 Fraser Institute–rated schools (26 elementary and 5 secondary), averaging 7.6/10.
School ratings from the Fraser Institute's Ontario school report cards.
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