$1,199,000
For sale: Multiplex

***Triplex*** Mixed Use / Residential / Commercial - Hard To Find 3 Separate Self Contained Apartments, All 3 Bedrooms Each, *** 3 Separate Furnaces / 3 AC Units/ 3 Hot Water Tanks"Owned"/ 3 Gas Meter / 3 Hydro Meter *** Handicap, Wheel Chair Drive-Up Access, From Front Yard to the Main Floor Apartment" ((( Too Much To Mention , Must View Virtual Tour , Pictures &Drone Shots )))incredible 11-bedroom, 8.5-bathroom property offering exceptional Also Zoned TC( Tourist Commercial ), This unique property is ideally suited for a variety of possibilities,including Bed & Breakfast Licensed and Operate here for over 2 Decades, Continuous use is a BigPlus. Airbnb, Daycare, Multi-Generational living, long-term rental,& The List Goes On & On.Applicable approvals. each with its own Ensuite. A commercial-style kitchen. Hardwood and Ceramic-tile flooring throughout. With 3 kitchens, multiple living areas, 11 bedrooms, 8.5bathrooms, and parking for 6+ vehicles, this property presents a rare opportunity for investors, entrepreneurs, or large families seeking space, flexibility, and multiple income possibilities in a high-demand tourist destination. A truly unique property with endless potential-don't miss this exceptional opportunity!*** Main Floor ***unit #1 *** 3 bedrooms, 3 En-suite bathroom ,1 Commercial Kitchen Handicap WheelChair Access, to Den, Balcony & Yard 3 Separate Entrances to this Unit. *** Unit # 2*** / 2nd Floor, 3 Bedrooms , 3 Bathrooms, 1 Kitchen. *** Unit #3 Lower Level, 2 Bedrooms , 2 Bathrooms, 1 Kitchen.This is a unique 3 separate unit, mixed multi use, live and operate your business, of your choice here. Please find attached list that zoning allowed. 3 separate apartment, 3 gas meters,3 hydrometer, 3 furnaces, 3 Air conditioners (all owned), 5 separate entrances, 6 parking spots,2 assigned to each unit. Just can't get any better than this prime location, prime investment opportunity (((Must See virtual tour , Pictures and Airial / Drone Views )))
Sold data
Multiplex homes in Niagara Falls (Chippawa) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.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 (Chippawa) 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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