$449,900
For sale: Multiplex

Fantastic investment opportunity in the heart of Niagara Falls! This legal duplex features three self-contained one-bedroom units, making it an excellent option for investors or multi-generational living. Two units offer spacious layouts with 4-piece bathrooms, while the basement in-law suite includes a 3-piece bathroom. All three units come complete with their own kitchens. Situated on a deep lot of nearly 190 feet, this property also features a detached 2-car garage and an oversized driveway with parking for up to 5 vehicles - a rare find in this prime location. Conveniently located just steps from the GO Station and bus terminal, this property offers excellent accessibility for commuters and tenants alike. Only minutes from downtown, the world-famous falls, and Fallsview Casino Resort, the location provides exceptional lifestyle and tourism appeal. Adding even more future potential, Bridge Street is part of the downtown core revitalization plan, making this an exciting opportunity in a growing and evolving area of the city. Whether you are looking to expand your investment portfolio or occupy one unit while generating rental income, this property could be the one for you!
Sold data
Multiplex homes in Niagara Falls (Downtown) took a median of 35 days to sell over the last 730 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 60, across 34 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.
The median sale price was $530,000.
Homes sold for about 7.8% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 34 recorded sales in the last 2 years — 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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