Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

5689 MAIN Street, Niagara Falls, ON L2G 5Z3 (MAIN STREET BETWEEN NORTH STREET & SUMMER STREET)
$ 1260000 - MLS : X12572472

From Our Gallery

Description

Fantastic Investment Opportunity in Prime Niagara Falls Tourist District!Rare offering of a fully leased, income-generating mixed-use property just minutes from the world-famous Falls, Casino, and vibrant tourist core. This well-maintained building features a 2,000 sq ft fully equipped Chinese restaurant with a long-term tenant paying $4,300/month + HST, and a beautifully updated residential unit upstairs leased for $2,000/month. The upper unit includes 2 bedrooms, 1 bath, a kitchen, and a loft area, ideal for long-term tenants or conversion to Airbnb for increased cash flow. Significant updates include electrical, plumbing, roof (2019), HVAC, A/C, and water heater (2021).Whether you're looking to collect solid rental income today or develop in the future, this high-traffic, high-visibility location near the heart of Niagara Falls tourism is a rare gem.

Location Description

MAIN STREET BETWEEN NORTH STREET & SUMMER STREET

Property Detail

Community: 215 - Hospital
Property Type: Tenant/Commercial
Garages: None
Annual Property Taxes : $ 12102

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : None

Amenities

Heating : Gas Forced Air Open

Listing Contracted With: RE/MAX DYNAMICS REALTY

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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