$899,000
For sale: Multiplex

Attention Investors and contractors!! This is a must see if you are in themarket to acquire a lucrative business with endless possibilities! Thisproperty is a legal duplex, with legal VRU status and rental historyavailable upon request! This property is a two storey brick exterior, with a detached garage. Inside are two seperate units and a basement utilityroom that can easily be converted into a third Unit with R/I plumbing available . Each unit is 3 bedroom, 2 bathroom with separate entrances and separate hydro and water meters. Thisproperty is a 10 minute walk from the Niagara Strip that is preparing the"Destination Niagara Strategy" - a multi billion dollar project aiming totransform Niagara Falls into Canada's Vegas Style destination!! This is amust see!
Sold data
Multiplex homes in Niagara Falls (Clifton Hill) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.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 (Clifton Hill) 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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