Floor plan for 4347 Simcoe St, Niagara Falls Ontario L2E 1T5
10 hours on Market

4347 Simcoe St, Niagara Falls, Ontario L2E 1T5

Detached
5
2
~1500-2000 sqft
$699,999
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Detached
5
2
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$408/sqft

Est. Mortgage$3,006/mo

Tax Amount (2024)$3,554/yr

Days On Market10 hours


Description

TURN-KEY MULTI-GENERATIONAL HOME OR INCOME PROPERTY IN THE HEART OF NIAGARA FALLS BED& BREAKFAST DISTRICT! Welcome to this fully updated duplex-style home, located in the heart of Niagara Falls sought-after Bed &Breakfast Alley" - a charming street where 6 out of 10 homes operate as B&Bs. Previously run as a legalBed & Breakfast, this property is perfectly laid out to accommodate nightly guests, extended families, or investors looking for reliable rental income.Just steps from Clifton Hill, the Niagara River, Niagara Falls University, and the GO Station, this versatile home offers exceptional location and flexibility. Featuring two fully self-contained, above-ground units, it includes 5 bedrooms, 2 full bathrooms, private laundry on both sides, and separate decks all beautifully updated. A bunk house, hot tub, and coach house (2021) add even more value and comfort. Whether you're looking to generate strong monthly income (currently $5,500/month), host short-term guests, or enjoy the home as a spacious single-family residence, this property is ready to meet your needs. PROPERTY FEATURES & UPGRADES: 5 Bedrooms, 2 Full Bathrooms, 2 Fully Self-Contained Above-Ground Units, Private Laundry in Both Units, Modern Kitchens & Bathrooms (2020), New Flooring (2020), Windows (2020), Interior Paint (2023), Stamped Concrete Driveway (2021) with parking for 5 vehicles, 2 Private Decks, Hot Tub (2022), Coach House (2021). Located in a high-demand tourist district surrounded by successful B&Bs. Versatile layout can easily serve as a large single-family home. A rare opportunity to own a flexible, upgraded, and income-generating home in one of Niagara's most dynamic neighbourhoods. Book your private showing today! **Mere posting. Contact owner directly to arrange showings. Listing Brokerage does not arrange showings. Access additional property details by clicking Brochure Icon below. RSA!**


Property Details

Style2-Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size4,550 SqFt(91 x 50)
Parking Spaces6
MLS ®NumberX12243153
Community NameElgin
Data SourceTRREB
Listing bySYNERGY SERVICES

Features

Heating: Forced Air
Cooling: Central Air
Basement: Crawl Space

Ground Floor

Kitchen

4.32816 x 5.05968

2nd Br

4.7244 x 4.78536

Br

3.29184 x 2.65176

Living

3.23088 x 5.24256


Features

Lot size: 4,550 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property listed by SYNERGY SERVICES, Brokerage
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Market Data - Elgin

Geo Zone Map ThumbnailElgin

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

43 days

Compared to

2024

53 days

2023

27 days

2022

18 days

New Listings

Past 30 days

42 listings

Compared to

2024

38 listings

2023

37 listings

2022

33 listings

Units sold

Past 30 days

7 units

Compared to

2024

13 units

2023

16 units

2022

11 units

Median Sold Price

Past 30 days

$442,000

Compared to

2024

$467,500

2023

$444,000

2022

$555,000


Population and Demographics

Overview

Total population 9664
Average household income $80,133

Age (%)

50 to 64
23%
65 and plus
22%
20 to 34
20%
35 to 49
18%
0 to 19
17%

Household composition (%)

Single family
49%
Single person
43%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
86%
Others
6%
Italian
3%
French
2%
Spanish
2%

House tenancy (%)

Owners
54%
Renters
46%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget