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4961 ARMOURY Street, Niagara Falls, Ontario

$1,050,000

8 bed · 4 bath · 3,385 sq ft

MLS® 40874646

Welcome to 4961 Armoury Street, this solid brick 1927 triplex sits on a corner lot in the established Cherrywood neighbourhood, all currently tenanted, with roughly 3,385 sq ft of finished space across four levels. The main-floor unit offers 2 bedrooms, 1 bathroom, a separate dining area, and a kitchen updated in 2019 across 894 sq ft. The second-floor unit features 2 bedrooms, 1 bathroom, and a sitting room across 1,041 sq ft. Up top, the third-floor loft unit offers 2 bedrooms, 1 bathroom, a walk-in closet, and an eat-in kitchen across 653 sq. ft., perfect for a long-term tenant. The finished lower level has its own separate entrance, along with 2 bedrooms, 1 bathroom, an egress window and a kitchen updated in 2019 across 797 sq. ft., plus a coin-operated laundry room (2019) shared by the building. The big-ticket items are already done, roof (2017), windows and doors (2017), PEX plumbing and updated electrical (2019), two gas furnaces, two central air conditioning units, and two owned hot water tanks (2019), eavestroughs (2020), and full exterior waterproofing complete with two sump pumps. The private driveway parks six cars minimum, and a back patio and shed round out the yard. Close to Valley Way Public School and Stamford Collegiate, with quick access to the shops and restaurants of Queen Street, Clifton Hill, the Falls, and Highway 420, this is a well-kept building that generates cash flow for you from day one. (id:56426)

Roy La Chappelle

Listed by Keller Williams Edge Realty

The neighbourhood

About the area

Census figures and the live market for the area this home sits in, matched from the property’s own location on the map.

Population
94,415
Median household income
$74,500
Median home value
$552,000
Owner-occupied
70%
Homes for sale
1,011
Median list price
$609,950

Source: Statistics Canada 2021, LiveBy

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Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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