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4327 SIMCOE STREET, Niagara Falls (Downtown), Ontario

$1,095,000

7 bed · 5 bath

MLS® X14113046

Exceptional Investment Opportunity | 5+2 Bedrooms | 5+2 Bathrooms | 9 Parking | Large Backyard | Additional Vacant LotPrime Niagara Falls location with strong tourism and rental potential, just steps from the Niagara Parkway and minutes from the Falls, Clifton Hill, casinos, restaurants, entertainment, shopping and major tourist attractions. Conveniently located near the Niagara River, Queen Victoria Park, Niagara-on-the-Lake and the region's renowned wineries, offering year-round appeal for visitors, tenants and investors.This spacious 5+2 bedroom, 5+2 bathroom property offers an excellent layout for extended-family living, long-term rental, furnished accommodation or other permitted income-generating uses. The home features 7 fireplaces, stained-glass accents, spacious bedrooms and multiple private ensuite bathrooms. The second floor includes 4 spacious rooms, each with a private 3-piece ensuite, plus a generous primary suite with private bath and sitting room.The finished basement includes a games room and ample storage. Large backyard, detached garage and 9 parking spaces provide exceptional functionality and added value for rental or guest accommodation.Additional vacant lot approximately 66.34' x 157.12', with underground water and sewer services and potential for future development or severance, subject to municipal approvals and buyer due diligence.The property was previously operated as a licensed Bed & Breakfast, providing an established history for guest accommodation and potential tourism-related use, subject to current licensing and municipal requirements. Fully furnished option available.An exceptional opportunity to acquire a versatile property in one of Niagara Falls' strongest tourism locations, surrounded by attractions, entertainment, dining, shopping, the Niagara Parkway and Niagara-on-the-Lake wine country - with multiple avenues for rental, furnished accommodation and future development potential. (id:56426)

MARY GHELICHKHANI

Listed by THE REAL ESTATE OFFICE INC.

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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.

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
1,026
Median list price
$600,000

Source: Statistics Canada 2021, LiveBy

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Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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