Home with vinyl exterior material, street for 4743 Ryerson Cres, Niagara Falls Ontario L2E 1E6
7 hours on Market

4743 Ryerson Cres, Niagara Falls, Ontario L2E 1E6

Townhouse
7 + 2
3
~2000-2500 sqft
$979,000
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Townhouse
7 + 2
3
~2000-2500 sqft

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Highlights

Property Estimate

Days on market7 hours

Estimated valueNot available

Price/Sqft$440/sqft

Monthly cost

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Description

Attention investors and large families! This fully renovated 2.5 storey income property is located on a spacious corner lot just a short walk from Niagara Falls, Clifton Hill, and the vibrant tourist corridor, offering exceptional rental demand and strong cash flow. With 9 total bedrooms, 2 bathrooms, two full kitchens, and several additional versatile rooms, this property is an outstanding turnkey opportunity with a proven income stream. One unit is currently rented for $3000 monthly, while the second was previously rented for $2950 plus parking, offering potential for over a 6 percent cap rate. Extensively updated, the home features new furnace and A/C, updated electrical, new plumbing, new siding, new roof, and completely renovated kitchens with new flooring and modern appliances, including dedicated laundry for each unit. All bathrooms have been refreshed, including a fully remodeled basement bathroom. Outside, enjoy a new pool liner and filter, an oversized deck for entertaining, ample parking, and a two-car garage. Ideally positioned near schools, highway access, shopping, and the city's top attractions, this property suits investors seeking a high performing rental or student housing option with minimal effort required. A rare chance to secure a large, modernized property in one of Niagara's strongest rental areas.


Property Details

Style2 1/2 Storey
View-
Age of property-
SqFt~2000-2500 SqFt
Lot Size3,500 SqFt(100 x 35)
Parking Spaces6
MLS ®NumberX12635162
Community NameElgin
Data SourceTRREB
Listing byRE/MAX ESCARPMENT GOLFI REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Fin W/O

Main Floor

Br

5.54 x 4.09

Br

3.71 x 2.21

Br

4.09 x 2.46

Br

3.05 x 3.56


Features

Lot size: 3,500 SqFt
Pool: Inground

Parking

Garage spaces 2

Garage type Detached

Other parking spaces 4

Total parking spaces 6


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

2024

34 days

2023

0 day

2022

0 day

New Listings

Past 30 days

4 listings

Compared to

2024

2 listings

2023

1 listing

2022

0 listing

Units sold

Past 30 days

0 unit

Compared to

2024

1 unit

2023

0 unit

2022

0 unit

Median Sold Price

Past 30 days

$0

Compared to

2024

$390,000


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