Frontside or backside of a home, the street view for 6175 Barker St, Niagara Falls Ontario L2G 1Y5
54 days on Market

6175 Barker St, Niagara Falls, Ontario L2G 1Y5

Townhouse
7
4
- sqft
$708,900
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Townhouse
7
4
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$3,044/mo

Tax Amount (2024)$3,758/yr

Days On Market54 days


Description

Solid Investment Opportunity: This fully rented legal 2.5-storey triplex presents a strong investment opportunity, delivering consistent cash flow with three separate rental units and expansion potential Property Highlights: Unit 1 - Main House: 4 large bedrooms, 2 bathrooms, a spacious kitchen, and a bright living/dining area with decorative fireplace. Second-floor laundry for tenant convenience. Unit 2 - Basement Apartment: Features a separate entrance, updated kitchen, newer 4-piece bath, and 2 large bedrooms Unit 3 - Back Unit: 1-bedroom apartment with an updated kitchen and 3-piece bathroom, suitable for singles or couples. Additional Features: Detached 2.5-Car Garage: This 20x23 ft garage includes hydro and has potential for additional rental income or conversion to an auxiliary unit. Expansion Potential: Consider converting the garage into a fourth unit or building a secondary unit on the existing pad. Recent Upgrades: New furnace (2023), updated plumbing and wiring, some newer windows, and a new roof (2021). Central A/C added in 2018. Prime Location: Conveniently located near the new University of Niagara Falls and just 30 minutes from Niagara College. Close to public transit and local amenities. With all units fully rented, this triplex offers immediate positive cash flow and significant growth potential.


Property Details

Style2 1/2 Storey
View-
Age of property-
SqFt-
Lot Size7,240 SqFt(181 x 40)
Parking Spaces7
MLS ®NumberX10365795
Community NameDrummond / Victoria
Data SourceTRREB
Listing byRE/MAX WEST REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment

Features

Lot size: 7,240 SqFt

Parking

Garage spaces 2

Garage type Detached

Other parking spaces 5

Total parking spaces 7


Property listed by RE/MAX WEST REALTY INC., Brokerage
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Population and Demographics

Overview

Total population 19892
Average household income $83,057

Age (%)

65 and plus
22%
50 to 64
21%
20 to 34
21%
0 to 19
18%
35 to 49
18%

Household composition (%)

Single family
55%
Single person
37%
Multi person
7%
Multi family
1%

Mother tongue (%)

English
81%
Others
4%
Italian
3%
Tagalog (Pilipino, Filipino)
3%
French
2%
Punjabi (Panjabi)
2%
Spanish
2%

House tenancy (%)

Owners
56%
Renters
44%

Schools and amenities

Estimated Budget