Home with vinyl exterior material, street for 4640 Morrison St, Niagara Falls Ontario L2E 2B7

4640 Morrison St, Niagara Falls, Ontario L2E 2B7

Townhouse
4
3
~1500-2000 sqft
$425,000
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Townhouse
4
3
~1500-2000 sqft

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Highlights

Property Estimate

Estimated valueNot available

Price/Sqft$248/sqft

Monthly cost

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Description

Turnkey triplex offering three self-contained units in a solid Niagara Falls location, generating approximately $3,400/month in rental income. Ideal for investors or those looking to live in one unit while offsetting costs, the property features a functional layout with two main floor units and a spacious upper unit, each with separate living spaces and good natural light. Key updates include a flat rubber roof (2017), new eaves with gutter guards (2019), updated plumbing and toilets (2022), and new basement stairs (2023). Unit improvements include a new fridge and stove in Unit 2 (2023) and a new fridge in Unit 3 (2023). Additional updates include refreshed sod (2020) and consistent maintenance throughout. Operating costs are manageable with water approximately $200/month and gas averaging $208 in winter and $140 in summer. Furnace and hot water tank are rentals. A solid, income-producing property with major updates already completed.


Property Details

Style2-Storey
View-
Age of property100+
SqFt~1500-2000 SqFt
Lot Size2,875 SqFt(115 x 25)
Parking Spaces5
MLS ®NumberX13055542
Community NameElgin
Data SourceTRREB
Listing byRE/MAX ESCARPMENT GOLFI REALTY INC.

Features

Heating: Forced Air
Cooling: Window Unit
Basement: Full, Unfinished

Main Floor

Living

3.51 x 4.11

Kitchen

2.29 x 2.57

Primary

4.37 x 3.2

Bathroom

2.29 x 1.52

4 Pc Bath


Features

Lot size: 2,875 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property History

Date unavailable
ListedActive
$425,000
< 1h on market
history photo preview15
Listing by trreb®
Property listed by RE/MAX ESCARPMENT GOLFI REALTY INC., Brokerage
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Market Data - Elgin

Geo Zone Map ThumbnailElgin

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2025

0 day

2024

66 days

2023

0 day

New Listings

Past 30 days

3 listings

Compared to

2025

6 listings

2024

3 listings

2023

2 listings

Units sold

Past 30 days

0 unit

Compared to

2025

0 unit

2024

1 unit

2023

0 unit

Median Sold Price

Past 30 days

$0

Compared to

2024

$535,000


Population and Demographics

Overview

Total population 9664
Average household income $80,133

Age (%)

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

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